Charitable Gift Annuity
Over the years, donors like you have found that a charitable gift annuity can be a great way to support NIU and receive a lifetime of payments in return. Thanks to a recent change in rates, we can now offer you an even more generous annual payment.
Inflation is on the rise, and you may be disappointed with the interest rate paid by your certificate of deposit. Perhaps you are concerned about bond prices and continuing volatility in the stock market. A gift annuity from the NIU Foundation can provide you with a regular stream of fixed-amount payments, perhaps higher than your certificate of deposit is paying, while you make a generous charitable contribution.
A charitable gift annuity is a simple agreement between you and the NIU Foundation promising to make payments of a fixed amount to you for life in exchange for your contribution today. Gift annuities are easy to set up and the payments you receive are backed by the general resources of the NIU Foundation. You can reserve lifetime payments for yourself or someone else, and you can name one or two recipients. Even better, you receive an income tax deduction for the value of your charitable contribution.
We would be pleased to provide you with your own personalized illustration showing how a charitable gift annuity might work for you. Please contact:
Office of Planned Giving
Associate Director, Gift Planning
815-753-1626
plannedgiving@niu.edu
