A charitable gift annuity is a special philanthropic tool that enables donors to support a program of choice at IU School of Medicine and pays the donor income for the rest of his or her life. As a result, giving to a special cause can also provide a continuous stream of income for the future.
How it Works
- Make a gift to Indiana University Foundation.
- IU Foundation pays a fixed annual income. A charitable gift annuity may also be established to pay two beneficiaries, such as the donor and spouse.
- The remaining balance benefits the area designated at IU School of Medicine and may be directed to any area of research or medical education.