Gift Types

Life Income Gifts

For many Citadel family and friends, the desire to make a significant gift to the college is balanced by a need for continuing income from those assets. Fortunately, The Citadel Foundation's life income gift program makes it possible for a donor to achieve both objectives and receive substantial tax benefits as well.

Life income gifts to The Citadel Foundation may take the form of a gift to a charitable remainder trust or a gift to establish a charitable gift annuity. Often gifts in one of these forms will actually increase a donor's or beneficiary's income. Additionally, these life-income gifts may provide some or all of the following rewards:

  • A current charitable income tax deduction.
  • Reduction or elimination of capital gain taxes on appreciated property used to make your gift.
  • A reduction in estate and inheritance taxes.
  • Professional investment management
  • Tax-favored income.
  • The satisfaction of having made a significant gift to The Citadel

While cash may be used to fund a life income gift to TCF, gifts of appreciated property or securities provide additional tax benefits.

Common Gift Types

If you’d like to understand the policies and processes, the web pages linked below are a good place to start. If you have further questions, please contact The Citadel Foundation Development Office at (800) 233-1842.

Cash Gifts
Credit Card Gifts
Electronic Funds Transfer
Matching Gifts
Life Income Gifts
Charitable Remainder Trust
Charitable Gift Annuity
Charitable Lead Trust
Retirement Plans
Life Insurance GIfts
Real Estate