President's Report Masthead
June 30, 2014

California gift annuities

The Binghamton University Foundation has been approved by the state of California to write gift annuities. A charitable gift annuity is a gift transaction where an individual transfers assets to a charity in exchange for a tax benefit and a lifetime income stream. 

Through charitable gift annuities, donors can make money supporting the University’s ambitious plans to expand through increased enrollment, new academic programs, additional faculty and enhanced services that are responsive to the needs of today’s students, faculty and alumni.

With the addition of California, the Binghamton University Foundation is now able to create charitable gift annuities that support our programs with residents of New York state, Connecticut, Florida, Maryland, Massachusetts, New Jersey and Pennsylvania.