Inspired by their dedication to art and culture, Eberhard Berent and Paul Lott made gifts to the University through the NYU charitable gift annuity, which will pay them a high and secure income throughout their lifetimes and substantially lower their taxes.

“This is all my real savings,” says Berent, a professor emeritus of NYU who used his gift to establish a new professorship in Goethe Studies. “I wanted to use it to create something meaningful and support the University that has played a central role in my life.” The charitable gift annuity enables him to promote NYU’s continued excellence while also achieving his own financial objectives.

Lott, an expert in tax and finance, used his gift to establish a lectureship and fellowship at NYU’s Institute of Fine Arts. “In this time of economic uncertainty, I can’t see a more rewarding and stable way to support the arts and help increase my retirement income,” he says.

For both Prof. Berent and Mr. Lott, giving to NYU is a hallmark of their commitment to the world of art and culture, and wise planning helps them enjoy their gifts and take full advantage of the financial and tax benefits.

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