Deferred Gift Annuity


How It Works

  • You transfer cash or securities to Hartnell College Foundation. Our suggested minimum gift requirement is $5,000.
  • Beginning on a specified date in the future, Hartnell begins to pay you, or up to two annuitants you name, fixed annuity payments for life.
  • Beneficiaries are recommended to be at least 60 to begin receiving payments and must be at least 40 to fund the gift.
  • The remaining balance passes to Hartnell when the contract ends.


  • Deferral of payments permits a higher annuity rate and generates a larger charitable deduction.
  • You can target your annuity payments to begin when you need them, such as retirement.
  • The longer you elect to defer payments, the higher your payment will be.