Charitable Gift Annuity
Gifts That Pay You Income
There's a way for you to support the University of Michigan and feel confident that you have dependable income in your retirement years. You can do this with a charitable gift annuity.
With a charitable gift annuity you agree to make a gift to U-M and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life. The balance is used to support our work.
This type of donation can provide you with regular payments for life and allow U-M to further our mission. You can also qualify for a variety of tax benefits, including a federal income tax charitable deduction if you itemize.
Gifts That Pay
Your payments depend on your age at the time of the donation. If you are younger than 60, we recommend that you learn more about your options and download this FREE guide Plan for Retirement With a Deferred Gift Annuity.
Payments for Life
Learn more about the many benefits of a charitable gift annuity in our FREE guide Gifts That Give Back.View My Guide
Not Sure How to Begin Planning?Download My FREE Personal Estate Planning Kit
Meet John Herring
Growing up wasn’t easy for John Herring. "I was born into the Great Depression,” he recalls. Despite the difficult circumstances of his childhood, John excelled in school and eventually enlisted in the United States Air Force before settling in Michigan and earning his master’s degree in business. His career track eventually brought him to the University of Michigan, where he supervised special projects and mentored graduate students and fell in love with Ann Arbor and the University of Michigan.
But John wasn’t the only Herring to fall in love with U-M. His son, David, earned two degrees from the university. To honor his son’s achievements and work, John set up a charitable gift annuity. “I feel it’s a fitting tribute,” John says, reflecting on he and David’s desire to help those in need.
See How It Works
- Contact the Office of Planned Giving at (734) 615-2022 or firstname.lastname@example.org for additional information on charitable gift annuities or to chat more about the personal benefits of creating an annuity with the University of Michigan.
- Request a personalized illustration.
- Seek the advice of your financial or legal advisor.
- If you include U-M in your plans, please use our legal name and federal tax ID.
Legal Name: Regents of the University of Michigan
Address: 3003 S. State Street, Ann Arbor, MI 48109
Federal Tax ID Number: 38-6006309