Charitable Gift Annuity
Gifts That Pay You Income
There's a way for you to support University of Southern California and feel confident that you have dependable income in your retirement years. You can do this with a charitable gift annuity.
This type of gift can provide you with regular payments and allows us to further our work. You can also qualify for a variety of tax benefits, including a federal income tax charitable deduction when you itemize.
See How It Works
How It Works
Dennis, 75, and Mary, 73, want to make a contribution to USC but they also want to ensure that they have dependable income during their retirement years. They fund a $25,000 charitable gift annuity with appreciated stock that they originally purchased for $10,000.
Based on their ages, they will receive a payment rate of 4.5%, which means that they will receive $1,125 each year for the remainder of their lives. They are also eligible for a federal income tax charitable deduction of $10,189* when they itemize. Finally, they know that after their lifetimes, the remaining amount will be used to support our mission.
*Based on annual payments and a 2.0% charitable midterm federal rate. Deductions and calculations will vary depending on your personal circumstances.
Payments for Life
Learn more about the many benefits of a charitable gift annuity in our complimentary guide Strengthen Your Future With a Charitable Gift Annuity.View My Guide
Gifts That Pay
Your payments depend on your age at the time of your gift. If you are younger than 60, we recommend that you learn more about your options and download this complimentary guide Plan for Retirement With a Deferred Gift Annuity.
Calculate Your Benefits
Submit a few details and see how a charitable gift annuity can benefit you.
- Contact The Office of Gift Planning at (213) 740-2682 or firstname.lastname@example.org for additional information on charitable gift annuities or to chat more about the personal benefits of creating an annuity with USC.
- Seek the advice of your financial or legal advisor.
- If you include USC in your plans, please use our legal name and federal tax ID.
Legal Name: University of Southern California, a California not-for-profit corporation, with its principal place of business at Los Angeles, California.
Address: University Park Campus, ALM 2nd Floor, MC 0461, Los Angeles, California 90089-4017
Federal Tax ID Number: 95-1642394
Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. California residents: Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. Oklahoma residents: A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. South Dakota residents: Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.