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Charitable Gift Annuities

A gift annuity is a smart way to make a charitable gift to McDaniel College and receive guaranteed lifetime income, either now or in the future.  Most people who create a gift annuity receive a Federal income tax deduction, as well as a portion of this income tax-free.

How?

You make an irrevocable gift to the College using cash or securities. In return, the College gives you and/or another person fixed payments for life at an attractive rate of return. It’s a simple contract and when it ends, the College receives the remainder, which will be used according to your instructions.

Consider taking a fresh look at stale assets like appreciated stock bearing no dividends, tiny-interest bank accounts, matured CD’s or savings bonds. Turn stale assets into income for you with a charitable gift annuity.

Connect with us to receive a free, personalized illustration including estimated income and tax deduction.

Grad professor interacting with students.

See how a gift annuity can work for you.

Chip Junkin MS'15

Senior Associate Vice President of Institutional Advancement

Phone: 410-857-2256

Office: Office of Institutional Advancement