Charitable Gift Annuities

You can boost your retirement income and help RIT. How? Establish a charitable gift annuity with RIT.

An irrevocable donation of cash, marketable securities or other appreciated property is made to RIT, and in turn, the university pays a fixed amount annually to one or two income recipients (called "annuitants") for life. The annuitant is often the donor, but could also be a spouse, parent, other family member, or friend. When the annuitant passes, the funds remaining go to RIT.

Interested in additional income for you or a loved one? Contact RIT University Advancement for more information.

Scott Hecker  BS Business Administration '65

"It's gratifying to know that my gift helped make the new Lobozzo Alumni House a reality. It's a wonderful example of RIT's commitment to both its past and future alumni population."
Scott Hecker
BS Business Administration '65

Scott wanted to make a gift of impact to RIT, because he appreciates what RIT did for him as a student, and what it now offers all alumni today.

"RIT continues to give students and alumni diverse opportunities for growth and learning," says Scott. "The university's regional, national and international influence, along with its creative vision, are most impressive. As a Tiger alumnus, I'm proud of what I see in RIT, and am glad I found a way to make a gift of impact. "

Scott made a smart plan to support the Lobozzo Alumni House and create his legacy. He gave shares of stock to the university to create a Charitable Gift Annuity. During his retirement, the annuity will pay partially tax-free income to Scott, and the remainder of the fund will transfer to RIT.

If you?d like to learn more about creating a CGA or other legacy giving options, contact Hal Burrall at 585-475-3106, or email us at [email protected].

A Gift that Gives Back

CGAs and other life-income gifts offer you the security of additional income and help you build your legacy through support of areas at RIT you care about.

Visit RIT's planned giving resource page for informative documents on CGAs and additional help with your estate plans.