Life income gifts are an attractive option for many Denison alumni and friends who wish to support the College. In general, a life income gift is an irrevocable transfer of property to Denison from which you receive income payments for life. There also can be a second beneficiary. When the beneficiaries are no longer living, the assets become available for the University's use, which, in many instances, has been designated by the donor.

Life income plans provide considerable flexibility in meeting the differing needs and circumstances of individual donors. Every life income gift provides income to the donor, as well as a partial deduction. Those who fund their gift with appreciated securities also avoid, in part or in whole, capital-gain tax.