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.
CGA rates are UP and more attractive than ever. You can receive a personalized example of how a tax-smart CGA gift can work for you.
A Gift for YOU - and the Hill!
You love the Hill and always will and right now there’s a timely opportunity to do something great for students, the college -- and yourself!
A Charitable Gift Annuity is a tax- smart way you can help the college and provide yourself retirement income at the same time.
With instability in the markets and inflation, retirees are taking a fresh look at Charitable Gift Annuities (CGA) and seeing the benefits. A CGA provides a gift to the college and stable retirement income (and in many cases, attractive tax benefits) for you.
Here’s an example of how a CGA works:
Would you like to see a personalized example of how a CGA would work for you and your unique situation? Please fill out this form.
Or contact Chip Junkin at cjunkin@mcdaniel.edu.
Setting up a Charitable Gift Annuity is easy and is also a wonderful way to become eligible for membership in the McDaniel College Legacy Society with special benefits and recognition as a loyal Hill supporter with a lasting legacy.
* taxation of income will vary, based upon the asset used to establish the CGA
