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Deferred Charitable Gift Annuities

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Retired teacher Audrey Garvick-Lewis, BS ’57 has remained loyal to Ball State University and to her chosen profession. She has given a planned (deferred) gift to the Ball State University Foundation.
A deferred charitable gift annuity allows you to make a gift to Ball State and provides fixed payments to you and/or loved ones for life with a starting date (often at retirement age) at least one year later than the date of the gift. Other benefits include:

  • Attractive payment rates greater than with an immediate payment charitable gift annuity
  • Fixed, lifetime payments that are partially tax free
  • An immediate income tax deduction larger than with an immediate payment charitable gift annuity
  • Avoidance of capital gains tax
  • Reduction of estate and gift taxes
How it works:
You make a minimum gift of cash, securities, or other appreciated property. Backed by the full assets of the Foundation, a deferred gift annuity is created with a simple contract. You choose a date for payments to begin or you may defer the decision to a later time. Your payment amount is determined by age and the length of the deferral period (the time between the gift date and payment starting date). Payments can be made to one or two persons. 

Contact us to learn more about creating your Deferred Charitable Gift Annuity.
Ball State University Foundation
Alumni Center, Room 230
2800 West Bethel Avenue
Muncie, IN 47304

Hours: 8 a.m.-5 p.m.
Phone: 765-285-8312 or toll-free: 888-235-0058
Fax: 765-285-7060
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