There's a way for you to support the Purchase College Foundation and feel confident that you have dependable income in your retirement years.

A charitable gift annuity is a type of donation that can provide you with regular payments and allow us to further our work. You can also qualify for a variety of tax benefits, including a federal income tax charitable deduction when you itemize.

Gifts That Pay

Your payments depend on your age at the time of the donation. If you are younger than 60, we recommend that you learn more about your options and download this FREE guide Plan for Retirement With a Deferred Gift Annuity.

Please provide the following information to view the brochure.

Deferred Gift Annuity Request Form

See How It Works

An Example of How It Works

Couple smiling with dog on lap Dennis, 66, and Mary, 65, want to make a contribution to the Purchase College Foundation that will support both student scholarships and The Performing Arts Center at Purchase College, but they also want to ensure that they have dependable income during their retirement years. They establish a $20,000 charitable gift annuity.

Based on their ages, they will receive a payment rate of 4.5 percent, which means that they will receive $900 each year for the remainder of their lives. They're also eligible for a federal income tax charitable deduction of $6,129* when they itemize. Finally, they know that after their lifetimes, the remaining amount will be used to support our mission.

*Based on annual payments and a 3.2 percent charitable midterm federal rate. Deductions and calculations will vary depending on your personal circumstances.

Payments for Life

Learn more about the many benefits of a charitable gift annuity in our FREE guide Strengthen Your Future With a Charitable Gift Annuity.

View My Guide

Calculate Your Benefits

Submit a few details and see how a charitable gift annuity can benefit you.

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Personal Estate Planning Kit

Not Sure How to Begin Planning?

Download My FREE Personal Estate Planning Kit

Next Steps

  1. Contact Catherine Brod at 914-251-6040 or catherine.brod@purchase.edu for additional information on charitable gift annuities or to chat more about the personal benefits of creating an annuity with Purchase.
  2. Seek the advice of your financial or legal advisor.
  3. If you include the Purchase College Foundation in your plans, please use our legal name and federal tax ID.

Legal Name: Purchase College Foundation
Address: 735 Anderson Avenue, Purchase, NY 10533
Federal Tax ID Number: 23-7066616