UNM School of Medicine

Office of Advancement and Alumni Relations
UNM School of Medicine
Fitz Hall, Room 182B
MSC 08 4720
1 University of New Mexico
Albuquerque, NM 87131

Voice (505) 272-5112
Fax (505) 272-6581

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Annuities

There are many ways to make a gift - and make a difference - for the UNM School of Medicine. Please contact the Office of Advancement and Alumni Relations for more information.

Charitable Gift Annuity

The charitable gift annuity provides a gift to the School of Medicine and an income fund for the donor. In exchange for an acceptable gift of property, marketable securities, or cash, UNM will agree to pay the donor or another beneficiary a specified annuity for life.

The typical donor tends to:

  • need immediate income
  • like the simplicity of the contract
  • want to provide a beneficiary with tax-free income
  • want the larger income this option provides for older annuitants

The annuity's features include:

  • annual income for life based on donor's age
  • immediate payment
  • mix of ordinary, capital-gain and tax-free income
  • funding by cash, securities, or (in some cases) other property
  • moderate income tax deduction

Deferred Charitable Gift Annuity

The deferred charitable gift annuity, similar to the charitable gift annuity, combines the benefits of making a gift of property, marketable securities or cash to School of Medicine, and providing an income fund for the donor. It appeals to younger donors who wish to supplement their income when they get older.

The typical donor tends to:

  • have no need for immediate income
  • like the simplicity of the contract
  • want a larger tax deduction
  • make several successive contracts
  • need supplemental retirement income
  • contribute assets other than cash

The annuity's features include:

  • a fixed income for life
  • payments that begin at a future, specified date
  • mix of ordinary, capital-gain, and (possibly) tax-free income
  • funding by cash, securities, or (in some cases) other property
  • income set by deferral period and beneficiary's life expectancy
  • higher income tax deduction than if payments commenced immediately