A charitable gift annuity is a simple agreement between you and Colorado School of Mines Foundation, Inc. that is backed by the assets of the school. The foundation agrees to pay a lifetime annuity in exchange for your charitable gift.  Your age and the age of your beneficiaries at the time the gift annuity is created are used to determine the annuity payout rate, and payments may be made on a quarterly, semiannual or annual basis. A portion of the income paid to you or your beneficiaries may be tax-free. Gift annuities are not available in all U.S. states. Contact us to learn more.

Upon the death of the last beneficiary, Mines will put the remaining gift amount to work for the school in accordance with the designated purpose of your annuity. With an annuity, you gain the security and regularity of a fixed income stream while achieving your goal of making an impact at Mines.