Life Income Plans

Not in a position to make an outright gift to the Foundation? Are you finding it difficult to live off your fixed income? There are a number of ways to meet your retirement needs and provide for the University of Maine. A gift to a life income plan (gift annuity, pooled life income fund, charitable remainder trust) provides you and/or your spouse an income stream for your life (lives) while benefiting the University, which may entitle you to a charitable tax deduction.

Prospective donors are encouraged to consult with their legal and financial advisors concerning charitable gift programs and their personal financial and estate plans. The Foundation staff is available to assist prospective donors and their advisors regarding charitable gift opportunities.

The University of Maine Foundation has professional giving officers ready to work with you and your advisors. We may be reached Monday-Friday between the hours of 8 am and 5 pm by calling 1-800-982-8503 or via email at umainefoundation@maine.edu.