Gifts That Provide You Income

Charitable Gift Annuities

You can transfer cash or securities to MSU. MSU pays you, or one other beneficiary you name, fixed income for life. Beneficiaries are recommended to be at least 65 at the time of the gift and the minimum suggested gift requirement is $10,000. The remaining balance passes to MSU when the contract ends.

Deferred Gift Annuities

You transfer cash or securities to MSU. Beginning on a specified date in the future. MSU begins to pay you, or up to two annuitants you name, fixed annuity payments for life. The remaining balance passes to MSU when the contract ends.

Charitable Unitrust

You transfer cash, securities or other appreciated property into a trust. The trust pays a percentage of the value of its principal, which is valued annually, to you or beneficiaries you name. When the trust terminates, the remainder passes to Morehead State to be used as you have directed.

Charitable Annuities Trust

You transfer cash, securities or other appreciated property into a trust. The trust makes fixed annual payments to you or to beneficiaries you name. When the trust terminates, the remainder passes to Morehead State to be used as you have directed.

Additional Information

For more information on making a gift in one of these formats, please call our office at 606-783-2033 or send an email to giving@moreheadstate.edu.

Visionary Spotlight

Mary Logan Gilmer (57)

Mary Logan Gilmer was a firm believer in the value of a college education. In 1992, she established the Mary Logan Gilmer Scholarship at MSU.

When she passed away in 2008, Gilmer left an estate gift to MSU, significantly accelerating the impact of her scholarship fund. Through the gift of her IRA, her prudent financial planning enabled the scholarship fund to grow to nearly a quarter of a million dollars!