Ways to Give
For friends 50 years of age and older….
A Legacy for UVA-Wise. More Life Income for You.
Announcing Higher Gift Annuity Rates
A charitable gift annuity is a “life income” legacy gift that provides you or your beneficiaries with a fixed income stream for life, while benefitting an area where you have a strong passion in supporting at The University of Virginia’s College at Wise. For the first time since 2012, the American Council on Gift Annuities has increased its suggested maximum annuity rates for beneficiaries of all ages. A gift annuity provides a tax-deductible gift and income for life! For demonstration purposes, a few are listed below:
- Age 55, 4.3%
- Age 70, 5.6%
- Age 85, 8.3%
If you don’t need the income now, a deferred charitable gift annuity may be attractive as rates have increased by even larger margins. A few examples for demonstration purposes are listed below:
- Currently Age 50 deferring income until you are Age 55, 5.2%
- Currently Age 60 deferring income until you are Age 65, 6.10%
- Currently Age 70 deferring income until you are Age 75, 7.40%
- Currently Age 70 deferring income until you are Age 80, 10.5%
The new dual-life charitable annuity rates reflect similar percentage increases. UVa-Wise is able to offer gift annuities through The University of Virginia Foundation for residents of most states already and will soon do so for the first time in New Jersey, New York, Washington, and California!
Please contact the UVa-Wise Office of Development & Planned Giving with any questions at 276-393-8010 or firstname.lastname@example.org. If you are at all interested, please give us a call and let us crunch some numbers for you. No obligations.
For friends 70.5 years of age and older….
Reduce Tax Burden by utilizing IRA Required Minimum Contribution as a Charitable Gift
At age 70 ½ you will be required to take a minimum distribution from your Individual Retirement Account. This distribution may incur income tax. If you would like to reduce your tax bill and help UVa-Wise, you should direct the fund holder to make the withdrawal, made payable to UVa-Wise or the UVa-Wise Foundation, and have it directly sent to UVa-Wise. Call us for more information at 276.376.4523.
At UVa-Wise, we’re on a mission to better the region and the world through education and citizenship. We pride ourselves on a campus-wide dedication to enriching the lives of ourselves and our communities near and far, and we hope that you’ll partner with us in this pursuit by supporting our school and making a gift today!
“Please click on the image to hear a thank you message to our generous benefactors from our students. Thank you for helping them to pursue their dreams!”
Robert S. Bragg
Vice Chancellor for Development and College Relations
Ways to Give
Your donation makes a difference.
You could be the link between a future student and their path to success.
Make a difference you can see and touch.
Research & Study Abroad Programs
Intercollegiate Athletic Program
When you support UVa-Wise, you support our students, and you’re directly contributing to the furthered improvement and sponsorship of scholarships, facility upgrades, research and study abroad programs, intercollegiate athletics, and more. In short, generous support from our esteemed alumni and valued friends makes all the difference to our students.
In theNewsView All
Your monetary gifts and donations are an investment – in current and future students, in the UVa-Wise community as a whole, and in our efforts to enrich and improve the world – and we’re honored that you are choosing to partner with us.
That’s why we offer several different ways to give, such as easy online giving, corporate & foundation gift donations, tributary gifts, planned giving, and more. Check out our comprehensive listing of the various ways to give above.
Please reach out to us with any questions:
Office of Development and College Relations
One College Avenue
Wise, VA 24293