Charitable Gift Annuities
(Gift illustration)

How it works

You transfer cash or securities to the University of South Carolina or its affiliated Foundations.

The University of South Carolina or its affiliated Foundations pays you, or up to two annuitants you name, a lifetime annuity.

The principal passes to the University of South Carolina or its affiliated Foundations when the contract ends.

Benefits

• You receive an immediate income tax deduction for a portion of your gift.
• Your lifetime annuity is backed by a reserve and the full assets of the University of South Carolina or its affiliated Foundations.
• Your annuity payments are treated as part ordinary income, part capital gains income (15%), and part tax-free income.
• You have the satisfaction of making a significant gift that benefits you now and the University of South Carolina or its affiliated Foundations later.

For more information

Email us, complete the personal illustration form, or call us at (803) 777-4196 so that we can assist you through every step of the process.

The University of South Carolina
Office of Gift Planning
University Development
1600 Hampton Street, Suite 738
Columbia, SC 29208
Phone: (803) 777-4196
Fax: (803) 777-9708
Email: giftplan@mailbox.sc.edu