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Business Honors Program | Make a difference
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Charitable Gift Annuities

If you'd like to support our mission and receive steady payments during your retirement years, a charitable gift annuity may be right for you.

HOW IT WORKS

A charitable gift annuity is a simple contract between you and the Business Honors Program that offers a tax-advantaged way to provide for income during retirement. In the future, your gift provides support to the BHP. You can begin to receive income right away, or at a predetermined future date. You also can decide when the income payments begin within a future time frame, determined when you make your gift. In any case, your income is taxed at a favorable blended rate. 

  • Charitable Gift AnnuityYou transfer cash or securities to the University of Texas
  • UT pays you, or up to two annuitants you name, a lifetime annuity
  • The remainder passes to the Business Honors Program when the contract ends

IS THIS GIFT RIGHT FOR YOU?

A charitable gift annuity works for friend of the BHP who would like to make a gift and receive steady payments in return. This gift is right for you if...

  • You want to support the Business Honors Program over the long term.
  • You desire stable payments that are unaffected by changes in the economy.
  • You are nearing retirement and would like to arrange for an extra steady stream of payments to supplement other retirement income, either now or later.
  • You are able to part with cash, stocks or other assets today while maintaining and possibly increasing income received from these assets.
  • You desire income tax relief this year.

NEXT STEPS

If you would like to establish a charitable gift annuity, contact Dianne Bangle in the McCombs Office of Development at (512) 475-8177.