Income Gifts
Gift Annuity
A gift annuity is a simple contract between you and MSK. You make a gift of cash or securities today—and we, in turn, provide you (and a second individual if you choose) with fixed payments each year for the rest of your life. When you create a gift annuity with MSK, you will also become a member of the Cullum Society. After your lifetime, the remaining balance is used to help us develop new and better cancer therapies for patients worldwide.
Benefits
With this type of gift you can:
- Receive fixed, dependable payments for life.
- Qualify for an income tax charitable deduction for a portion of your gift's value, depending on your tax situation.
- Provide long-term support for cancer research and care.
Gift Annuity Payout Rates
Your payout rate is based on your age and the number of people receiving payments. This rate is determined when you create the gift annuity and, because it is not tied to the stock market or interest rates, it will never change. If your rate is not listed, use our interactive tool to calculate your potential benefits.
Calculate My BenefitsNew York regulates the maximum allowable rate for its residents; thus, the rates for New York residents may vary slightly. If you reside in New York, please contact us directly.
One Person | Two People | ||
Age | Rate | Ages | Rate |
90+ | 8.6% | 90/95+ | 8.4% |
85 | 7.6% | 85/90 | 7.1% |
80 | 6.5% | 80/85 | 5.8% |
75 | 5.4% | 75/80 | 4.9% |
70 | 4.7% | 75/75 | 4.6% |
65 | 4.2% | 70/75 | 4.3% |
Guidelines
- We welcome gift annuities with an initial gift amount of $10,000 or more.
- Up to two people, both at least 60 years of age, may receive lifetime payments.
New York regulates the maximum allowable rate for its residents; thus, the rates for New York residents may vary slightly. If you reside in New York, please contact us directly. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.
Next Steps
- Request personalized gift annuity calculations from our Office of Planned Giving staff that illustrate the possible tax benefits.
Toll free: 800-688-1827
Email: plannedgiving@mskcc.org - Seek the counsel of your financial or legal advisor.
- Complete the gift annuity application that was enclosed with your personalized calculations and return it along with a check or notification that you will be transferring securities in exchange for a gift annuity.
Legal Name: Memorial Sloan Kettering Cancer Center
Address: 1275 York Avenue, New York, NY 10065
Federal Tax ID Number: 13-1924236

Free Resource
Learn more about the gifts that pay you income. View our free guide, Gift Annuities: The Power to Give and Receive.
Charitable Remainder Trust
A charitable remainder trust is a special kind of irrevocable trust funded with cash or appreciated assets. The trust makes regular payments to you for life or, if you prefer, for a fixed term up to 20 years. You may also choose for others to receive payments, such as your spouse, children, or grandchildren. At the end of the trust term, the remaining amount in the trust is used by MSK to advance cancer care and research.
Benefits
With this type of gift you can:
- Potentially increase your income stream from low-yield assets you use to fund the trust.
- Receive an income tax charitable deduction for a portion of your gift's value, depending on your tax situation.
- Pay no up-front capital gains tax when you give appreciated assets to the trust.
- Potentially enjoy other tax benefits, depending on how the trust assets are invested.
- Provide long-term support for cancer research and care.
- Enjoy membership and special benefits as part of the Cullum Society.
Charitable Remainder Unitrust
This is the most popular form of charitable remainder trust. It pays you, each year, a variable amount based on a set percentage of the value of the trust assets, recalculated annually. Use our interactive tool to calculate your potential benefits.
Calculate My BenefitsCharitable Remainder Annuity Unitrust
A less common choice, this type of trust pays you, year after year, a fixed dollar amount you select at the outset. The payments are fixed, based on the starting valuation. Use our interactive tool to calculate your potential benefits
Calculate My BenefitsGuidelines
- Charitable remainder trusts typically make most financial sense when funded with a large contribution, such as $250,000 or more.
- Your payments are based on a percentage of the trust's value. The percentage must be at least 5 percent. The trust payout is determined in consultation with the trustee you select to manage your charitable remainder trust.
Next Steps
- Request personalized trust calculations from our Office of Planned Giving staff that illustrate the possible tax benefits.
Toll free: 800-688-1827
Email: plannedgiving@mskcc.org - Seek the counsel of your financial or legal advisor to assist you in planning and creating a charitable remainder trust.
- Select a trustee to manage and invest your charitable remainder trust. This may be an institutional trustee, such as a bank, or it may be an individual you select to manage your trust.
- Please use our legal name, address, and Federal Tax ID if incorporating MSK into your plans:
Legal Name: Memorial Sloan Kettering Cancer Center
Address: 1275 York Avenue, New York, NY 10065
Federal Tax ID Number: 13-1924236

Free Resource
Feel secure about giving back with a gift in your trust. View our free guide, A Plan That Offers a Lifetime of Benefits.
Pooled Income Fund
A pooled income fund consists of gifts from multiple donors that are combined into a trust and invested for the benefit of all donors and ultimately MSK. You and/or your beneficiaries receive a proportional share of the fund's annual income for life, while also enjoying the benefits that come with being a member of the Cullum Society. At the death of the last income beneficiary, the principal of your gift will be used by MSK to advance cancer care and research.
Benefits
With this type of gift you can:
- Receive a source of income for life.
- Receive an income tax charitable deduction for a portion of your gift's value, depending on your tax situation.
- Provide long-term support for cancer research and care.
Guidelines
- Pooled income funds require an initial gift of $10,000 or more.
- Up to two people, both at least 60 years of age, may receive lifetime payments.
- You may add to the fund at any time in amounts of $1,000 or more.
Next Steps
- Request personalized pooled income fund calculations from our Office of Planned Giving staff that illustrate the possible tax benefits.
Toll free: 800-688-1827
Email: plannedgiving@mskcc.org - Seek the counsel of your financial or legal advisor.
- Complete the pooled income fund application enclosed with your personalized calculations and return it along with a check or notification that you will be transferring securities to create a pooled income fund gift.
Legal Name: Memorial Sloan Kettering Cancer Center
Address: 1275 York Avenue, New York, NY 10065
Federal Tax ID Number: 13-1924236
We Can Help
Contact the Office of Planned Giving at 800-688-1827 or plannedgiving@mskcc.org for additional information on life income gifts and how they can help support MSK's mission.