Gifts That Pay You Income
You can make a gift to Harvard through a trust or annuity that will pay you and/or another beneficiary annual income for life. At the death of the last income beneficiary, the remaining principal is transferred to Harvard. Gifts for Harvard’s general charitable purposes are most helpful in giving the University’s leaders the flexibility to apply the funds where needed most. However, it also is possible to designate your gift for a particular purpose.
How a Life Income Plan Works
- Donor transfers an asset to a life income plan.
- Donor/beneficiary receives annual income.
- When the plan terminates, the remainder principal passes to Harvard.
Additional Benefits
- Savings on income, capital gains, gift, and/or estate taxes
- The ability to convert low- or non-income producing assets into a gift with an attractive income stream
- Professional management and investment diversification through Harvard Management Company.
University-Wide Gift
Business School
College
Divinity School
Extension School
Graduate School of Arts & Sciences
Graduate School of Design
Graduate School of Education
Kennedy School
Law School
Medical School
Radcliffe Institute
School of Dental Medicine
School of Engineering & Applied Sciences
School of Public Health