Northern Arizona University

Life Income Gifts

Convert assets to income for you and NAU.

A life income gift is a very special way of giving. A highly effective way to contribute assets to NAU, it also allows you to keep an income for yourself and others. The NAU Foundation offers a full range of federal-tax-law-compliant, life income gifts. Your age, assets, and income objectives will help you to determine the best option. The types of life income gifts offered through the NAU Foundation are the charitable remainder trust and charitable gift annuity.

Benefits of life income gifts:

• No immediate capital gains tax on gifts of appreciated property.
• Immediate income tax savings.
• May increase your current income by converting low-yield assets.
• Removes assets from your taxable estate.
• Can diversify how large holdings of assets are invested.
• Ensures assets are professionally managed.
• Remaining assets of the trust will provide long-term benefits to NAU.

To find a quick and easy way how you might benefit from establishing a charitable remainder trust or charitable gift annuity with Northern Arizona University, click here to use our gift calculator. If you need any assistance please contact our Director of Gift Planning, David Mays, at (928)523-2395 or by email at David.Mays@nau.edu.