How It Works

• You transfer cash or securities to Drexel University. Our minimum gift requirement is $10,000.
• Drexel pays you, yourself and a spouse, or any two beneficiaries you name, fixed payments for life.
• Beneficiaries are recommended to be at least 65 years of age at the time of the gift.
• The remaining balance passes to Drexel when the contract ends.

Benefits

• Receive more income for your money because of higher rates.
• Receive dependable cash-flow for life, regardless of fluctuations in the market.
• In many cases, receive payments at a rate higher than the interest you are currently receiving on investments.
• Receive an immediate income tax deduction for a portion of your gift.
• A portion of your annuity payment will be tax-free for a number of years.
• Are you a younger donor? Consider a deferred gift annuity.

• A Steady Stream of Cash You Can Rely On Opens new window

Next

• More detail on Gift Annuities.
• Frequently asked questions on Gift Annuities.
• Contact us so we can assist you through every step.