Deduction Calculator
Deduction calculations are available for gift annuities, remainder unitrusts, remainder annuity trusts and lead trusts. These calculations are provided solely for educational purposes and are not professional tax or legal advice. Individuals should consult a qualified professional advisor about their specific situation.
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Gift Annuity
The charitable gift annuity makes fixed payments for one or two lives. Part of the payout may be tax free. -
Annuity Trust
An annuity trust pays a fixed amount equal to five percent or more of the initial corpus for one or two lives. -
Annuity Trust for Term of 1–20 Years
An annuity trust may pay a fixed amount of five percent or more of initial corpus for a term of one to twenty years. The annuity may be divided among two or more recipients. -
Deferred Gift Annuity
The deferred gift annuity makes fixed payments for one or two lives. Part of the payout may be tax free. -
Lead Annuity Trust for Term of 1–35 Years
This lead annuity trust pays a fixed amount each year to a qualified charity for one to thirty-five years, with remainder to family or family trust. -
Lead Unitrust for Term of 1–35 Years
This lead unitrust may pay any percentage amount to qualified charities for one to thirty-five years, with remainder to family or family trust. -
Unitrust
The tax-exempt unitrust pays five percent or more each year to the recipients for one or two lives. -
Unitrust for Term of 1–20 Years
A unitrust may pay five percent or more each year for a term of one to twenty years. The income may be divided among two or more recipients.
"Members of the Oxy community who support Oxy through their estate plans have provided us with an incredibly distinctive gift-an infinite investment in the College. We are grateful to these generous donors whose forethought will allow Oxy to deliver our exceptional liberal arts education to generation upon generation of talented students."
- President Harry J. Elam, Jr.
"Oxy showed me that the path to one's goals need not be linear or conventional. I learned how to think, to write, to create; to trust my instincts and pursue my interests with passion and a standard of excellence. Not a day has passed that I have not been rewarded in some way by my Occidental education."
Michael and his wife Pamela recently documented an estate gift to support the Obama Scholars Program and the EdgertonOccidental Merit Scholarship.