Information on annuity, charitable remainder trust, and bequest programs is presented. Attention is directed to the growth and basic premises of annuity and life income plans and the question of why an institution should include annuities and charitable trusts in a development program. The various types of plans and gifts and the tax advantages of each are explained in lay language. Practical guidelines are presented on how to start, market, and evaluate annuity and life income plans, and how to work with the business office. The gift annuity is a contract between the institution and the donor. The institution pays a guaranteed lifetime annuity in return for the gift of cash, securities, or real property. The deferred gift annuity is tailored to meet the needs of the donor who wants to claim a substantial charitable contribution now but is willing to defer income payment to a later date. Higher rates of return and larger charitable contributions are available under deferred annuity plans because the gift is invested by the college and the return on the investment accrues to the donor's benefit during the period before the first payment is made. The unitrust is established as a separate trust with no commingling with other funds. As a result, a flexible management policy can be followed to meet changing conditions and the investment objectives of the donor can be considered. Other types of charitable remainder trusts are the net income unitrust, the annuity trust, the term certain annuity trust, and the charitable lead trust. Types of gifts are cash, stocks or bonds, tax-exempt bonds, tangible personal property, and real estate. (SW)