Diane Adkin Turns Treasury Bonds into Support for Students—And Income for Life

I’ve been inspired by my own scholarship experience to support students at the Lab of Ornithology, first with a charitable remainder trust for graduate student research and, more recently, a charitable gift annuity to benefit undergraduate projects. By supporting students, I am voting for future leaders and their exciting discoveries that will make a huge difference in the world of birds.

As much as I love the Cornell Lab, I couldn’t do this unless it made fiscal sense for me. Trusts and annuities give me income for life and support the Lab at the same time. I can relax with my estate planning done according to my values.

I funded my charitable gift annuity with U.S. Treasury Bonds. The bonds’ maturity dates were awkward for reinvestment, and their high interest rates made them salable now. I will make the same income from a larger donation than the face value of the bonds, receive a sizeable charitable deduction, and also support students far into the future.

If you’re thinking of making a similar gift, don’t wait. You can turn that investment or property into a gift that could save taxes and give you income, plus the joy and pride of seeing the Lab of Ornithology thrive!