Gift Planning Tools

Deferred Gift Annuities
(Gift illustration)

How it works

You transfer cash, securities or other property to the West Virginia University Foundation (minimum of $25,000).

Beginning on a specified date in the future (age 50 or later), the West Virginia University Foundation begins to pay you, or up to two annuitants you name, fixed annuity payments for life.

The principal passes to the WVU Foundation when the contract ends to benefit WVU, Potomac State College of WVU, the Mountaineer Athletic Club, or West Virginia 4-H.

Benefits

• Deferral of payments permits a higher annuity rate and generates a larger charitable deduction.
• You can target your annuity payments to begin when you need them, such as retirement or when a grandchild needs help with tuition payments.
• The longer you defer payments, the higher the effective rate you will receive.
• You have the satisfaction of making a significant gift now that benefits both you and West Virginia University Foundation later.

Note: The WVU Foundation is not able to offer gift annuities to residents of Alabama, California, Hawaii, New Jersey, Washington and Wisconsin, but other income-producing gifts are available.

For more information

Email us, complete the personal illustration form, or call us at so that we can assist you through every step of the process.

West Virginia University Foundation
One Waterfront Place, 7th Floor
Morgantown, WV 26501
(304) 284-4000