Skip to main content
Home

Secondary navigation

  • my.wilson
  • Alumni
  • Visit
Search
Give

Main navigation

  • Admissions
    • Undergraduate
    • Graduate
    • Teacher Certification Pathways
    • Transfer Students
    • Commuters
    • International Students
    • Dual Enrollment
    • Single Parent Scholar Program
    • Military
    • Partnerships
    • Apply
    • Visit
    • Get Info
    • High School Counselor Info
  • Academics
    • Undergraduate Programs
    • Graduate Degree Programs
    • Doctor of Occupational Therapy
    • Online
    • Teacher Certification
    • Academic Calendar and Events
    • Pre-Professional Programs
    • Academic Success Center
    • Study Abroad
    • Internships
    • Advanced Placement
    • Learning Opportunities
    • Phi Beta Kappa
    • Library
    • Fulton Center for Sustainability Studies
    • Hankey Center and Archives
    • Equestrian Center
    • Registrar
    • Course Catalog
  • Online
    • Online Undergraduate Programs
    • Online Graduate Programs
    • Doctor of Occupational Therapy
  • Student Financial Services
    • Affordability
    • Financial Aid
    • FAQs
    • How We Help
    • Paying for College
    • Policies and Terminology
    • Tuition and Fees
    • Graduate Degree Programs
  • Student Life
    • Academic Success Center
    • Campus Dining
    • Campus Housing
    • Campus Life FAQ's
    • Career Development
    • Clubs and Activities
    • College Store
    • Getting Involved
    • Living on Campus
    • Student Blue Book
    • Student Services
    • Student Wellness
    • Parents
    • Pets on Campus
    • Phoenix Against Violence
    • Student Orientation
  • Athletics
  • About
    • Our Campus
    • History and Traditions
    • President
    • Offices
    • Mission and Vision
    • Honor Principle
    • Values
    • Consumer Information
    • Human Resources
    • Notice of Non-Discrimination and Equal Opportunity
    • Employment Opportunities
    • Commencement
    • The Arts at Wilson
    • Conferences and Events
    • Campus Safety
    • Policy for Taking Photos on the Wilson College Campus

Charitable Gift Annuity

What It Is:

A charitable gift annuity is a simple contract between you and Wilson College.

In exchange for your irrevocable gift of cash, securities, or other assets, Wilson College agrees to pay one or two annuitants you name a fixed sum each year for life.  The payments are guaranteed by the general resources of Wilson College.

The older your designated annuitants are at the time of the gift, the greater the fixed income Wilson College can agree to pay.

In most cases, part of each payment is tax-free, increasing each payment's after-tax value.  If you give appreciated property you will pay capital gains tax on only part of the appreciation.  In addition, if you name yourself as an annuitant the capital gains tax will be spread out over many years rather than be all due in the year of your gift.

Payments are usually made in annual, semiannual, or quarterly installments.

Benefits:

  1. You will qualify for a federal income tax deduction.  Note that deductions for gifts of long-term appreciated property will be limited to 30% of your adjusted gross income and gifts of cash and non-appreciated property will be limited to 50% of your adjusted gross income.  You may, if necessary, take unused deductions of either kind over the next five years, subject to the same 30% or 50% limitation.
  2. The annuitants you name will receive fixed annual income for life, guaranteed by the general resources of Wilson College.
  3. If you fund the annuity with an appreciated asset, you will incur tax on only part of the gain.  If you name yourself as an annuitant, this tax will be spread out over many years.
  4. Your estate may enjoy reduced probate costs and estate taxes.
  5. You will provide generous support of Wilson College.

1015 Philadelphia Ave.,
Chambersburg, PA 17201

717-262-2002
admissions@wilson.edu

Follow us...

Footer menu

  • Alumni
  • Athletics
  • Employment Opportunities
  • Inclement Weather Policy
  • Library
  • MyWilson Portal
  • Online College Store
  • Order Textbooks
  • Parents
  • Privacy Statement
  • Visit
  • Wilson Email
  • Wilson Magazine
  • Wilson Online

Wilson College is accredited by the Middle States Commission on Higher Education, 1007 North Orange St., 4th Floor, MB #166, Wilmington, DE. 19801. (Telephone: 267-284-5011)