|Nexus - Fall 2000 Issue|
|The Magic of Planned Giving|
A gift to the NYU Charitable Gift Annuity can help the College and you, just as it did Dr. Oringer. Letís assume that at age 76 you contribute $100,000 of stock that you had purchased for $2,000. The gift annuity would pay you income at a rate of 8.3 percent (based on your age) for the rest of your life. You would also obtain a substantial immediate income tax deduction, and you avoid capital gains tax. As a result, your income would be much higher than if you had sold and reinvesting in a bond paying income at 7 percent. You can establish a charitable gift annually for a minimum gift of $5,000.
We would be delighted to talk with you about the many benefits you can expect from the NYU gift annuity or any of our other life-income charitable gifts. For more information, call Suzanne Ryer, assistant dean for development, at (212) 998-9928