There is a way for you to support the George Washington University and feel confident that you have dependable income in your retirement years. If you are age 55 or older, you can do this with a charitable gift annuity.
With a charitable gift annuity you agree to make a gift of $10,000 or more to GW and, in return, the university agrees 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 students, programs, research, or another area of your choice.
This type of donation can provide you with regular payments for life, guaranteed by the endowment and assets of the university, and allow GW to further its mission. You can also qualify for a variety of tax benefits, including a federal income tax charitable deduction if you itemize.
Gifts That Pay Now or Later
Your payments depend on your age at the time of the donation. If you are interested in delaying your payments, we recommend that you learn more about your options by downloading this FREE guide Deferred Gift Annuities: Plan Now, Benefit Later.
See How It Works
Payments for Life
Learn more about the many benefits of a charitable gift annuity in our FREE guide Charitable Gift Annuities: Gifts That Give Back.
Why I Created a Gift Annuity with GW: Mildred Reynolds
Mildred Reynolds, Ed.D. '78, came to the GW School of Medicine in 1970 when she became Director of Psychiatric Social Work and Adjunct Assistant Professor of Psychiatry and Behavioral Sciences. While working at the university, she also took graduate courses at GW's Graduate School of Education and Human Development (GSEHD), earning a doctorate in higher education in 1978. She made her first gift to her new alma mater that spring.
After leaving the university in 1980 to attend seminary, Dr. Reynolds continued to make gifts to the annual funds for GSEHD and GW's School of Medicine and Health Sciences. In 2002, Dr. Reynolds established her first charitable gift annuity at GW to benefit the George Washington Institute for Spirituality and Health (GWish), of which she is a former board member. Dr. Reynolds created another charitable gift annuity in 2010 and is planning to establish her third annuity this year.
"Establishing a charitable gift annuity at GW was a great option for me," she says. "The income it provides is very attractive, especially with interest rates down. It is income that I can count on, and I'm able to support GW and its programs at the same time!"
- Contact Courtney Tsai, JD, CAP® at 877-498-7590 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 GW.
- Seek the advice of your financial or legal advisor.
- If you include GW in your plans, please use our legal name and federal tax ID.
Legal name: the George Washington University
Address: 1922 F Street NW, Washington, DC 20052
Federal tax ID number: 53-0196584