Life Income Gifts

Many donors elect to make arrangements during their lifetimes that assist The Cooper Union while enabling them to receive ongoing payments for their lives or a term of years.

Donors may also:

  • Receive a generous charitable income tax deduction
  • Reduce capital gains tax
  • Reduce estate tax and probate costs

Of the gifts that pay you back, the Charitable Gift Annuity may be the simplest and most affordable.  You transfer an amount directly to The Cooper Union, and The Cooper Union agrees to pay you or a loved one a fixed amount for life. 

Charitable Remainder Trusts have a higher minimum requirement but can be tailored to meet your specific needs.  

Online Gift Calculator

To learn more about how a planned gift would work for you use our online gift calculator.  For more information on these and other gifts, including contributions of appreciated securities to fund planned gifts, please contact Donna Lippman at (212) 353-4172 or dlippman@cooper.edu.

The information contained herein is not intended as legal or tax advice.   We recommend that you consult with your attorney or financial advisor for questions concerning your individual situation.

  • Founded by inventor, industrialist and philanthropist Peter Cooper in 1859, The Cooper Union for the Advancement of Science and Art offers education in art, architecture and engineering, as well as courses in the humanities and social sciences.

  • “My feelings, my desires, my hopes, embrace humanity throughout the world,” Peter Cooper proclaimed in a speech in 1853. He looked forward to a time when, “knowledge shall cover the earth as waters cover the great deep.”

  • From its beginnings, Cooper Union was a unique institution, dedicated to founder Peter Cooper's proposition that education is the key not only to personal prosperity but to civic virtue and harmony.

  • Peter Cooper wanted his graduates to acquire the technical mastery and entrepreneurial skills, enrich their intellects and spark their creativity, and develop a sense of social justice that would translate into action.