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Deferred Giving
A Gift from the Living
Means Income for Life
You pay taxes annually and it is to
your financial advantage to reduce
them as much as possible. An investment
in Notre Dame during your lifetime
can reduce your tax bill and
capitalize your investment into a lifetime
earning asset which accumulates
year after year with safety for your
principal and the personal satisfac­
LIFE INCOME PLAN ONE:
You make a gift of money, property or
securities to tiie University. Tlie University
agrees to include your gift in its regular
endowment investments and pays you
or whomever you designate as beneficiary
during life the average rate of return earned
on these pooled investments. The average
rate of return is currently over 4 per cent.
The tax advantages:
You are allowed a tax deduction in the
year you purchase the plan. Your investment
is considered part purchase and part
gift- The gift portion is deducted from
your adjusted gross income up to 30 per
cent for any one year, with a carry-over
for the next five years if it exceeds the 30
per cent limitation.
You avoid capital gains tax by exchanging
appreciated securities for your agreement,
and your estate and inheritance tax
are reduced.
Life Income Plan One may be purchased
with a minimum investment of $2,000.
AGE
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
tion in helping sustain and foster higher
education at a great University.
An investment in either Life Income
Plan One or Life Income Plan Two
means you receive expert management
at no cost, additional diversification,
safety for your principal and protected
income backed by the resources of an
established University worth more than
LIFE INCOME PLAN TWO:
You enjoy tax-e-vempt income for life by
investing in Life Income Plan Two. Appreciated
securities are given in e-xchange
for tax exempt securities. All the features
of Life Income Plan One accrue to you
with one e.\ception. A capital gains tax
will be imposed on the appreciated gain
realized in e-xchange of appreciated securities
for ta.v exempt securities. This may
be more than offset, however, by the savings
realized in the deductions received on
your income \ax each year for the life of
your contract.
Life Income Plan Two requires a .minimum
in%'estment of §5,000.
The income received for cither plan has
no relation to age. It is the same whether
you are 35 or 70. The rate of return on
both plans is not diminished when two lives -
are named in the contract. The same income
passes to the survivor named in the
contract.
Life Income Plans appeal strongly to
those between 35 and 60 years of age.
GIFT PORTION IN LIFE INCOME INVESTMENTS
SINGLE LIFE
Gift Portion
per $1000
$323.50
332.57
341.85
351.33
361.02
370.92
381.01
391.31
401.80
412.49
423.36
434.41
445.64
457.03
468.59
480.30
AGE
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
Gift Portion
per $1000
$492.15
504.13
516.23
528.43
540.74
533.12
565.58
578.09
590.64
603.21
615.78
628.35
640.89
653.37
658.80
678.14
AGE
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
Upon request, rates will be furnished on more than one life.
Gift Portion
per $1000
$690.38
702.50
714.48
726.30
737.95
749.41
760.66
771.69
782.48
793.02
808.30
813.29
823.00
832.41
841.51
850.30
$50,000,000. \Vith advancing years and
the possibility of failing health you gain
the benefits of sound, efficient management
of your money ^vithout effort or
personal anxiety for the remainder of
your life (and for the life of your
loved ones if you wish!).
Both plans make provisions for additions
of principal during your Ufe for
the building of a fund to be applied to
an endowed scholarship, an endowed
professorship or a perpetual memorial
of your choosing in your name — or
the names of your family or loved ones.
The following descriptions of both
investment plans and the table dealing
with the gift portion per $1,000 invested
are taken from the PORT-
;FOLIO OF PHILANTHROPY. A
copy of this portfolio may be obtained
by writing to:
Assistant Director for Deferred Giving
University of Notre Dame Foundation
Notre Dame, Indiana.
LEWIS HALL DONOR—Mis. Frank J.
Lewis, center, U Cluc:^;o chats with Rev.
Theodore M. Hcsbu^h CSC, Unhrernty
president, and Sr. Maiy Ann Ida BVIVI,
president of Chicago's Mundelein College,
after the dedication of Lewis Hall on the
ND campus. Mrs. Lewis is the donor of
the 143-iooai residence hall for ststeis studying
for advanced degrees at ND.
Notre Dame Alumnus, September-October, 1965 15