The annuity and trust income program (deferred giving) permits donors to give more than they thought they could. Suggestions for establishing and monitoring such programs are offered in this article, which is a condensation of remarks at the National Conference on Trusteeship. (Author/LBH)

The chairman of the financial committee of the Smith College Board found that it is wise to avoid getting directly involved in investment, but that it is better to fix goals and guidelines, leaving specifics to professional management. Comments and examples are provided by Henry H. Porter and William A. Wilson. (LBH)

A proposal from the governor of Pennsylvania for financing all levels of education through a National Education Trust Fund (NETF) that would operate as the present Federal Highway Trust Fund does on a revolving, self-liquidating basis with the cost of an individual's education repaid through a progressive education tax on income. (JT)

Eight basic federal tax issues for higher education are examined: preservation of the charitable deduction; keeping the deduction without a floor; enabling all taxpayers to use the deduction; maintenance of full market value deductibility; protecting deductions from minimum tax; excluding taxation of capital gains on bequests and of scholarships;…

After "money in general" colleges want "more endowed funds," according to a survey sponsored by the Council on Financial Aid to Education. This article describes 10 steps to facilitate additional funds for endowment. (LBH)

A chapter from the "Handbook of College and University Trusteeship" is excerpted, including a discussion of college financial statements and fund accounting. Three matters pertinent to fund accounting are described: transfers between funds, unrestricted and restricted funds, and expendable and unexpendable funds. (Author/MLW)

The Michigan Education Trust, in which parents prepay a tuition contract for their child's college education, and the proposed Kentucky Trust, a tuition savings plan, are compared with focus on such issues as risks, incentives, and tax implications. (MSE)