Make a Difference Starting Now – and Receive Benefits for Life

The Immediate Impact Charitable Gift Annuity (CGA) is an excellent way for you to make a difference for Drexel University students right now while helping to provide for your own (or a loved one’s) financial security in the future!

If you are age 60 or older, you can create an Immediate Impact CGA with a minimum gift of $25,000. After you make the transfer, annuity payments begin. For the first five years, the income will be designated to Drexel to provide immediate scholarship support to our students right when they need it.

At the end of the five-year term, Drexel will pay you (and/or someone you choose) guaranteed fixed income for life, with the remainder eventually going to Drexel for whatever purpose you’ve designated.

Sample Rate Chart for a $25,000 Single-Life Immediate Impact CGA*

• Current support for our students’ immediate needs for the first 5 years.
• Deferred support after your lifetime for whatever Drexel college, school, program or department that you choose. 
• Guaranteed future income for yourself (and a loved one, if you like) that is partially tax-free for a number of years (based on your age).
• An immediate charitable deduction for yourself.

Questions? To explore your options and determine if an Immediate Impact CGA is right for your financial and charitable goals, contact David Toll, JD, senior associate vice president in Drexel’s Office of Gift Planning at 215.895.1882 or giftplanning@drexel.edu.