Establish a Charitable Gift Annuity (CGA) or Charitable Remainder Trust (CRT)
When you establish a CGA or CRT to benefit HMS, you can be assured that your gift will provide income for life, while creating the impact you want: supporting our mission to improve health and well-being for all.
QUICK LINKS: Charitable Gift Annuities | Charitable Remainer Trusts
Charitable Gift Annuities
A CGA allows you to make a gift to HMS now, receive fixed, annual income payments for life, and ultimately support the area of your choosing at HMS when the gift terminates.
The payout rate is based on the donor’s age and the start date of payments. Current gift annuity rates are 5.3% for donors age 60, 6.4% for donors age 70, and 8.3% for donors age 80. Different customizations, such as flexible deferred, can be considered to best fit your charitable and financial goals. Best of all, your annuity is backed by the assets of Harvard University, which maintains an AAA credit rating. Rates for New York residents may vary due to state requirements. Please contact us for more information.
Benefits
- Receive fixed life income for one or two beneficiaries
- Qualify for a charitable income tax deduction and you may save on capital gains tax liability if funded with appreciated securities
- Enjoy payments that are fully backed by the assets of the University and administered by Harvard Management Company
- Improve health and well-being for all
- Create enduring impact at HMS
How to Fund
- Cash
- Appreciated Securities
- Real Estate *
- IRA Qualified Charitable Distribution *
* Some restrictions may apply
Next Steps
- Explore how a CGA might benefit your financial, estate planning, and philanthropic goals using our free online gift calculator »
- Contact our gift planning team at or 800-922-1782 or email giftplanning@hms.harvard.edu.
Charitable Remainder Trusts
A CRT provides income to you and/or your beneficiaries, based on a percentage of the trust’s value (typically 5-6.5 percent). Upon the passing of the income beneficiaries, your trust will support an area of your choosing at HMS.
Invest the assets in Harvard’s endowment or in a manner geared to pay income taxed at lower rates. Harvard will serve as trustee, direct the investment of the trust assets, and oversee all legal, accounting and administrative matters, at no additional cost to the donor.
Benefits
- Receive income for life, with potential for growth over time (payout rates typically range from 5% to 6.5%)
- Support your spouse or any number of beneficiaries
- Unlock appreciated assets without incurring capital gains tax liability
- Investment management services provided by either Harvard Management Company (the Endowment Strategy) or TIAA Kaspick (the Tax Efficient Strategies) with no separate management fee
- Secure a federal charitable income tax deduction and potentially save on gift and estate taxes
- Improve health and well-being for all
- Create enduring impact at HMS
How to Fund
- Cash
- Publicly-traded Securities
- Real Estate
- Art, antiques, or collections
Next Steps
- Contact our gift planning team at 800-922-1782 or email giftplanning@hms.harvard.edu.
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Please let us know if you have included HMS in your estate plans so we can celebrate you as a member of the Ezekiel Hersey Council, which recognizes those who have made legacy gifts to HMS. |
Charitable Gift Annuity
“Five years ago, my wife, Donna, and I chose to increase our support for HMS through a charitable gift annuity. At the time, the country was in turmoil, yet HMS remained a beacon of open inquiry and truth. Today, at a more critical juncture, we feel privileged to support the school’s enduring commitment to upholding these values.”
Peter C. Kenny, MD ’71