Planned Gifts

Planned Gifts

Planned gifts include charitable trusts, gift annuities and bequests—giving arrangements that can offer tax advantages and allow you to maximize your giving potential. 

Retirement Planned Gifts

You can designate Columbia College Chicago as the primary benefactor of your retirement account, or it can be transferred to a deferred giving arrangement that will pay an income for life to a family member, after which the remaining assets pass to CCC.

Life Insurance Planned Gifts

You can name Columbia College Chicago as a beneficiary to your life insurance policy or donate the entire amount to be paid after your lifetime. To qualify for the federal charitable deduction on a gift of an existing policy, you must name CCC as both owner and beneficiary.

Charitable Gift Annuities

In exchange for your gift of cash or marketable securities, you receive a fixed annuity paid for the rest of your life. The gift annuity and deferred gift annuity pays a fixed dollar amount annually, based on the age of the beneficiary and initial value of the assets, producing a stable income. Income can be deferred, allowing the principal to build, for a period selected by the donor. This is a flexible and effective retirement planning vehicle. Tax free and capital gains income may be available depending on the asset used.

For more information on Planned Gifts, Retirement Planned Gifts, Life Insurance Planned Gifts, or Charitable Gift Annuities contact Ruby Schucker at rschucker@colum.edu or call 312.369.7399