Center for Gift and Estate Planning

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Students walk near the Kent Student Center at dusk on a warm summer day.

Welcome! We are pleased you have interest in learning about the many benefits of charitable gift planning. To speak with someone in the Center for Gift and Estate Planning about ways to benefit through a planned gift, call 330-672-0421 or email us at giftplan@kent.edu. A member of our Planned Giving Team will be very pleased to help you.

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Charitable Gift Annuity

Are you looking for a secure source of fixed income for now or your future? You may be tired of living at the mercy of the fluctuating stock and real estate markets. One solution is a charitable gift annuity.


Charitable Gift Annuity
Stock or Cash
Gift Annuity
Donor
Kent State

How it Works

A charitable gift annuity is a contract between you and Kent State University Foundation.

  • You transfer property to Kent State University Foundation. In exchange we pay you fixed income for life.
  • The fixed income can be quite high depending on your age.
  • A portion of your income stream may even be tax free.
  • You will receive a charitable deduction for your gift of the remainder to Kent State University Foundation and the satisfaction of furthering our mission.

Types of Assets You May Give

  • If you decide to fund your gift annuity with cash, a significant portion of the annuity income will be tax free.
  • You may make a gift of your appreciated securities to fund a gift annuity and avoid a portion of the capital gains tax.

Start Receiving Payments Now with a Current Gift Annuity

If you desire current income, you may transfer property in exchange for our promise to pay you fixed income beginning as early as this year. You will receive an income tax charitable deduction this year for the value of your gift to Kent State University Foundation.

Deferred Gift Annuity for Income at Future Date

Perhaps you are not ready to begin receiving income until a future date, such as when you retire. You can establish a deferred gift annuity, receive a charitable income tax deduction this year and receive payments at a designated future time. Best of all, because you deferred your payments, your annual payment will be higher than with a current annuity.

Contact us about flexible date options for your future income.

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