You can make a gift for UCLA’s future benefit and retain fixed lifetime annuity payments for yourself or other beneficiaries. This is one of the simplest gift plans offered by The UCLA Foundation.
There are a variety of tax and financial benefits from a gift annuity. A portion of the income from the gift may be tax-free. Capital gain taxes can be minimized if you use highly appreciated assets to fund your gift. Furthermore, you are entitled to a substantial income tax charitable deduction in the year you make the gift.