A gift annuity pays you, or up to two people you name, fixed income for life. Of all the gifts that offer income in return, charitable gift annuities are the simplest and most affordable. A charitable gift annuity allows you to make a gift and receive a steady income stream, claim a charitable tax deduction, and support Tufts. Your fixed annual payments are backed by the assets of the university.

If you are under 65 years of age, you may want to consider a deferred charitable gift annuity. A deferred charitable gift annuity allows you to make a gift now and delay the payments until you need them. Deferred gift annuities are a great way to supplement your income during retirement while you enjoy the tax benefits now.

What are the Benefits of Gift Annuities?

  • Charitable gift annuities are easy to create—the agreement is a simple contract between you and the university.
  • Your charitable gift annuity may be funded with a gift of $10,000 or more using cash or appreciated securities.
  • You receive an immediate charitable tax deduction for a portion of your gift.
  • Your annuity payments may be treated as part tax-free income.
  • If funded with appreciated securities, no up front capital gains tax is due and you avoid a portion of the capital gains tax you would have paid if you had sold that asset.

How it Works

  • You transfer cash or securities to Tufts.
  • The university pays you, or up to two annuitants you name, fixed income for life.
  • The remaining value passes to Tufts and funds your designated purpose when the contract ends.

A Charitable Gift Annuity is for You if...

  • You want to make a significant gift to Tufts and receive lifetime payments in return.
  • You want the security of fixed payments that won’t fluctuate during your lifetime.
  • You appreciate that your payments will be backed by the assets of the University.
  • You would like to save on capital gains and income tax.

Annuity Rates

Your annuity rate is based on your age. The older you are, the greater your payment. A gift annuity can pay you, or up to two people you name, fixed income for life. Tufts’ annuity rates are based on guidelines established by the American Council on Gift Annuities (ACGA).

View current rates

Gift Example

You hold a long-term stock portfolio that has appreciated, but only pays you 2 percent income per year. You are now 75, and you are concerned that if you sell some of the stock to reinvest in bonds, capital gains taxes will cut heavily into the proceeds. You want to make a gift of $100,000 of stock to Tufts, but you need the income that your portfolio provides you.

You are looking for a gift plan that will continue this income and increase it, if possible.

Here's a summary of the income and tax benefits from this gift annuity:

Donor (Age 75)

Calculate the benefits a gift annuity would give you.

Amount contributed (stock)


Cost basis


Gift annuity rate


Annual payments
   Tax-Free portion
   Capital Gain Income
   Ordinary Income


Charitable deduction



Please contact our office for a personal illustration based on current rates. Please note that the example above is based on a factor that is subject to change; your actual benefits may vary. In addition, if you live in New York State, you may qualify for a different rate than is listed in the above table.

If you have questions contact
Tufts Gift Planning Office