Fixed Income

Charitable Gift Annuities are contracts between you and UC Berkeley that provide fixed payments for life and provide for the future of CED. The particular fixed payout rate is based upon the precise age(s) of the annuitant(s) at the time of the donor’s irrevocable contribution. For example, currently a single person, aged 70, would annually receive an amount equal to 6.5% of the amount contributed. The rates are a bit lower if the annuity is for the joint lifetime of two individuals. The current rate for two people aged 70 would be 5.9%. Charitable gift annuities are considered to be partly the purchase of an annuity and partly a contribution to charity, thereby entitling the donor to an income tax charitable deduction. If appreciated stock is donated to fund a gift annuity, immediate capital gains tax on the sale of appreciated assets will be avoided. The minimum gift requirement for a charitable gift annuity at UC Berkeley is $10,000, and the funding asset can be cash or securities.

Variable Income

A Charitable Remainder Unitrust can provide you with significant tax and financial benefits while supporting CED. It offers you the opportunity (1) to receive payments for life, or a term of up to 20 years; (2) to avoid immediate capital gains tax on the sale of appreciated assets you contribute; and (3) to receive an immediate income tax charitable deduction for the value of the remainder interest. The minimum gift to establish a charitable remainder unitrust is $100,000 (cash/stock) and $150,000 (real estate).