Commercial Annuities

A Smart Gift to Leave to National University

As with retirement plan assets, commercial annuities provide tax-deferred growth while the owner is still alive. Because the distributions from commercial annuities are subject to income taxes, they are often considered among the best assets to leave to charity. As a nonprofit, National University can receive your commercial annuity completely tax-free.

The most effective way to give a commercial annuity in support of NU students after your lifetime is to name us as beneficiary. Making this gift is easy and straightforward. It’s as simple as updating your beneficiary form with your bank or insurance company. You can designate National University as the primary beneficiary for a percentage or specific amount. You can also make us the contingent beneficiary so that we’ll receive the balance of your policy only if your primary beneficiary doesn’t survive you.

Next Steps

There are many options for giving to National University, and we can help you decide which method works best for your particular needs:

  1. Contact the Development Office at (858) 642-8807 or to talk about supporting NU.
  2. Seek the advice of your financial or legal advisor.
  3. If you include NU in your plans, please use our legal name and federal tax ID.

Legal Name: National University
Address: 11255 N. Torrey Pines Road, La Jolla, California 92037
Federal Tax ID Number: 23-7172306