A Win-Win Gift Annuity
Mike and his wife, Elizabeth, have long supported DeSales University, its mission, and its educational goals. In deciding to set up a gift annuity with the University, Mike and Elizabeth knew that they were entering into a win-win situation.
Mike: After spending my working years dedicated to education, establishing a legacy by way of a gift annuity to DeSales University was very appealing. We contributed to the educational mission of the University and in return, we are receiving a lifetime guaranteed quarterly payment.
Mike: Interest rates are low right now, particularly in this economy, but we are getting 6.1% every three months on our money, which is very good in this environment. It's nice to have.
Mike: An unexpected and exciting benefit is being invited to University-sponsored lectures and social events that keep us involved and mentally stimulated (important for those of us in retirement). Keeping in touch with young people keeps us young.