Charitable Gift Annuities
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How It Works
 You transfer cash or securities to the Community College of Baltimore County.
 After the transfer, the Community College of Baltimore County pays you, or up to two annuitants you name, fixed income for life.
 The principal passes to the Community College of Baltimore County when the contract ends.
Benefits
- You receive an immediate income tax deduction for a portion of your gift.
- Your annuity payments are guaranteed for life, backed by a reserve and the full assets of the Community College of Baltimore County.
- Your annuity payments are treated as part ordinary income, part capital gains income (15%), and part tax-free income.
- You have the satisfaction of making a significant gift that benefits you now and the Community College of Baltimore County later.
More
To learn more about charitable gift annuities, Email us, complete the Information Request Form, or call us at 410.285.9548 so that we can assist you.
The Community College of Baltimore County
7200 Sollers Point Road
Baltimore, MD 21222
410.285.9548 | Fax: 410.285.9988
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