Unitrusts and gift annuities
Support charitable causes while securing lifetime income for yourself or your loved ones. The IU Foundation offers two gift options for generating life income that can be funded by real estate. You can use your property to fund a charitable remainder unitrust (CRUT), known as a “Flip” CRUT, which can be set up to make lifetime payments for you or a designated beneficiary after your property is sold. IU will receive what remains in the trust after your lifetime. Another approach is to donate your property in exchange for a deferred charitable gift annuity (DCGA). In return, we pay you or a loved one a fixed amount each year for the rest of the annuitant’s life. The IU cause you chose to support will be the beneficiary of the balance after your lifetime.