Skip to main
McDaniel College entrance sign in Spring.

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.

About Charitable Gift Annuities

Charitable gift annuities are used to support charity while providing secure and reliable payments to you. Watch the brief video to see how a charity gift annuity at McDaniel can work for you.

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