“It was an elegant way to make a gift to Taft at a time when the school needs our support and for me to save for the future—and receive a competitive return.

“We have a great deal of trust in the way Taft manages its endowment and finances. With the school’s AA rating we are confident that this is a good place to put our money.

“The tax benefits were also attractive because we were able to receive an immediate tax deduction for a portion of our gift and will receive a percentage of the future annual payments tax-free.”