Charitable Gift Annuities

CLICK HERE FOR A DETAILED EXPLANATION

How It Works

  You transfer cash or securities to GBMC.

  After the transfer, GBMC pays you, or up to two annuitants you name, fixed income for life.

  The principal passes to GBMC 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 GBMC.
• 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 GBMC later.

More

• Click here to read about how a Gift Annuity helped one retired couple.
• Is this gift for you? Click here.
• Read more detail. Click here.

To learn more about charitable gift annuities, Email us, complete the Information Request Form, or call us at 443-849-3303 so that we can assist you.

GBMC Foundation
6701 North Charles Street
Baltimore,MD 21204
443-849-3303 | Fax: 443-849-3739
E-Mail: JJeppi@GBMC.org