Charitable Gift Annuity
(A Benefit of Aging)
How it works
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You transfer cash or securities to BCF.
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BCF pays you, or up to two annuitants you name, fixed income for life.
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The principal passes to BCF when the contract ends.
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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 assets of BCF.
- Your annuity payments are treated as part ordinary income, part capital gains income (15%), and part tax-free income.
- You can have the satisfaction of making a significant gift that benefits you now and BCF later.
For more information
Email us, complete the personal illustration form, or call us at 410-332-4171 so that we can assist you through every step of the process.
2 East Read Street
9th Floor
Baltimore, MD 21202
410-332-4171 | Fax: 410-837-4701
E-mail: giving@bcf.org
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