Lucille Katz Posner (WSC ’48) has supported the NYU College of Arts and Science for decades. And a large portion of her support comes in the form of contributions to NYU’s charitable gift annuity. Lucille, like many alumni, makes the NYU charitable gift annuity part of her annual giving because of its significant financial and tax advantages.

Lucille enrolled at NYU under the GI Bill after her service as a Naval Reserve WAVE during World War II. “Even though I attended the College as a mature student, my years there were a critical experience in making me understand the world better,” says Posner. “What I learned there and the habits of thought I encountered remain valuable to me in everything I do.”

NYU’s charitable gift annuity pays Lucille a high and secure income in exchange for her contributions. Much of her NYU annuity income is tax-free, and she obtains a substantial charitable deduction from her gifts.

“I have a lifelong connection with NYU, so I want to support the College financially,” says Posner. “I’m delighted that the gift annuity makes it even easier for me to support NYU because I receive a high income from my contributions. I can certainly use the money to support my travel addiction!”

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