ERIC Number: EJ581981
Record Type: CIJE
Publication Date: 1999
Reference Count: 0
Life Income Gifts: Friend or Foe?
Stunkard, Charles M.; Finnegan, Michael P.
Business Officer, v32 n8 p22-25 Feb 1999
The term life income fund refers to several gift vehicles, each providing donors or their designees with an income during their lifetime, with the remainder used to provide support to a nonprofit or charitable organization. These fund-raising vehicles can be very useful to a college or university, but the institution must evaluate carefully the terms of each annuity. (MSE)
Descriptors: College Administration, Donors, Fund Raising, Higher Education, Money Management, Nonprofit Organizations
National Association of College and University Business Officers. 1110 Vermont Avenue NW Suite 800, Washington, DC 20005. Tel: 800-462-4916; Tel: 202-861-2500; Fax: 202-861-2583; Web site: http://www.nacubo.org
Publication Type: Guides - Non-Classroom; Journal Articles
Education Level: N/A
Audience: Administrators; Practitioners
Authoring Institution: N/A