Giving and Generating Income

Planned giving is a great way to support The LeTourneau University Foundation while generating income for yourself and your family. Learn how these gifts allow you to achieve both of these goals.

Here is one real-life story of a precious friend of LeTourneau University:

Continuing to work after most folks her age were retired, one dear widow established a Charitable Remainder Unitrust (“CRUT”) with us, that she faithfully and methodically added to over a number of years - while at the same time enjoying a meaningful income from. Upon her homegoing this agreement culimnated in student scholarships – that continue on to this day!  Were she still with us, we know she would encourage you to consider establishing a similar situation with us also.  Like Mary’s gift design, your agreement would also pay you a meaningful income, until your homegoing - at which time, like Mary’s gift, it could then generously benefit students of LeTourneau University!  

NOTE: in this present investment environment, certain types of "sum certain" planned giving / income generating vehicles (which include Charitable Gift Annuities) are being lesser favored over vehicles that are less volatile in how they operate, and are actually better for you - while at the same time assuring stability for charities such as LETU.  A Charitable Remainder Unitrust  (as referenced above) is possibly the most ideal option for both parties.  We  look forward to disucssing this with you when you are ready.


Charitable Gift Annuity

A charitable gift annuity provides fixed payments to you or others you name for life in exchange for your gift of cash or securities.

Deferred Charitable Gift Annuity

A deferred gift annuity provides fixed payments to you or others you name for life in exchange for your gift of cash or securities. The payments start on a date you choose that is at least one year after you make the gift.

Charitable Remainder Unitrust

A charitable remainder unitrust can help you maintain or increase your income while making a significant gift to LeTourneau University. The charitable remainder unitrust is highly flexible. You can easily make gifts of assets that are not easily converted to cash using the unitrust. If your unitrust grows, your payments will grow too, providing a potential hedge against inflation.

Charitable Flip Unitrust

A flip unitrust can be an excellent way for you to give an asset that may take time to sell and receive substantial payments for life once the flip unitrust sells your asset. You might also be interested in using a flip unitrust to make a gift now that will supplement your income in the future, such as when you retire.