Charitable Gift Annuity

Gifts That Pay You Income

When you look at ways to support Northwestern, you should not feel like you have to choose between your philanthropic goals and financial security. One gift that allows you to support the University while receiving fixed payments for life is a charitable gift annuity. This popular gift involves a simple contract between you and Northwestern. In return for a gift of cash or securities, the University agrees to pay you, and up to one other individual, a fixed amount of income for life.

Not only does a charitable gift annuity provide a steady income stream, it also provides a variety of tax benefits, including a federal income tax charitable deduction at the time you make the gift. Your annuity benefits the University as well; at the end your lifetime or that of your beneficiary, Northwestern receives the balance remaining from the annuity.

At Northwestern, the minimum gift required to establish a charitable gift annuity is $15,000.

Delay Your Payments

If you are younger than 60 or do not need your payments now, you can set up a deferred gift annuity. This allows you to delay receiving payments until a later date—such as when you reach retirement. To learn more, view and download the guide Deferred Gift Annuities: Plan Now, Benefit Later.

How It Works

Access a short video to learn more about charitable gift annuities.

See How It Works

Payments for Life

Learn more about the many benefits of a charitable gift annuity in our guide Charitable Gift Annuities: Gifts That Give Back.

Sisters Provide Financial Support for Future Students

Jean Fiedler and Joan Fiedler “Our scholarships to Northwestern meant everything to us,” says Jean Fiedler, who graduated from Northwestern in 1956 along with her twin sister, Joan Fiedler. In gratitude, the sisters have committed to establishing an undergraduate scholarship at the University with planned gifts, including charitable gift annuities.

Calculate Your Benefits

Input a few details and find out how a charitable gift annuity can benefit you.

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Next Steps

Contact Northwestern Gift Planning at 800-826-6709 or giftplanning@northwestern.edu for additional information on charitable gift annuities or to chat more about the personal benefits of creating an annuity with Northwestern.
Seek the advice of your financial or legal advisor.
If you include Northwestern in your plans, please use our legal name and federal tax ID.

Legal name: Northwestern University
Address: 633 Clark Street, Evanston, Illinois 60208
Federal tax ID number: Please contact us for our federal tax ID number.