Gift-With-Income Comparison Chart

In this Section

	Gift Annuity	Unitrust	Annuity Trust	Pooled Fund
Gifts used to create plan	Generally cash & publicly traded securities	Cash, securities, real estate, property	Generally cash & publicly traded securities	Cash & publicly traded securities
Suggested minimum gift to create	$10,000	$25,000	$25,000	$10,000
Add future gifts?	No (easy to create another annuity)	Yes	No	Yes
Suggested minimal additional gift	$5,000	Any amount	N/A	$1,000
Income tax deduction	Dependent on beneficiary age(s), IRS discount rate	Dependent on length of trust and IRS discount rate		Dependent on beneficiary age(s), Fund return rate
Income type	Fixed	Variable	Fixed	Variable
Defer start of income?	Yes	Yes	No	No
Payout percentage	Based on age(s) from ACGA rate schedule	By law, at least 5% (generally, Clarkson trusts range between 5-6%)		Pro rata share of the income earned by the Fund
Payment frequency	Monthly, quarterly, semiannual or annual			Quarterly
Payments guaranteed?	Guaranteed based on Clarkson's assets	Guaranteed based on assets within the trust		Guaranteed based on fund investment performance
Taxation of income	May include ordinary, capital gain and tax-free	May include ordinary, capital gain, tax-exempt and tax-free		Ordinary
Investment of funds	In accordance with NYS law	In accordance with terms of trust and law		Discretion of Clarkson in accordance with law
Investment manager	BNY Mellon Wealth Management
Income Beneficiaries	1 or 2 individuals	Donor and/or others named in trust document		Donor and/or others named in agreement
Is gift revocable?	No	No	No	No
Potential benefits to donor	Give to Clarkson & receive income; count gift in fundraising campaigns & anniversary reunions; Roundtable recognition; join Annie Clarkson Society; generate charitable deduction; save capital gains tax; no cost to create; guaranteed, fixed income; tax-free income depending on funding asset; increase income; save estate tax	Give to Clarkson & receive income; count gift in fundraising campaigns & anniversary reunions; Roundtable recognition; join Annie Clarkson Society; generate charitable deduction; variable income; increased income; save capital gains tax; save estate tax	Give to Clarkson & receive income; count gift in fundraising campaigns & anniversary reunions; Roundtable recognition; join Annie Clarkson Society; generate charitable deduction; stable income; increase income; save capital gains tax; save estate tax	Give to Clarkson & receive income; count gift in fundraising campaigns & anniversary reunions; Roundtable recognition; join Annie Clarkson Society; generate charitable deduction; variable income; increased income; save capital gains tax; save estate tax
Benefits to Clarkson	Clarkson can thank you now for your gift; Clarkson can plan the use of your gift with you; Clarkson can encourage others to consider similar gifts.

Request our workbook, Will a Gift-with-income Plan Work for me?

Lou Dindo '54 has created several gift annities at Clarkson. Lou would be happy to speak with anyone confidentially about gift annuities, about the process to create one and about Clarkson's service. Click to email Lou, or call him in Massachusetts at 978-448-2733.

Are you thinking of funding a charitable trust and would like to speak confidentially to someone who has already created a trust with Clarkson? Tom Basso '74 would be happy to hear from you. Click to contact Tom.

You can read Bill Hurd's '61 articles on charitable trusts at www.clarkson.edu/ensure.

This web page does not provide legal or financial advice, nor is it a comprehensive review of the topic. You should consult your legal and financial advisors and Clarkson University before making or planning your gift. (rev. 5/2013)

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Gift-With-Income Comparison Chart