GIFT PLANNING

Charitable Gift Annuities

A charitable gift annuity may be established with a minimum of $10,000. In return, the donor receives a charitable tax deduction for a portion of the amount transferred. In addition, the donor (and/or other beneficiary) receives a fixed income for life, a portion of which may be tax free. Upon the deaths of all beneficiaries, Towson University Foundation, Inc., receives the remainder interest.

Donors who establish charitable gift annuities are eligible for membership in Towson's Tower Light Society.

For more information on charitable gift annuities—or to obtain a personal proposal based on your individual circumstances, please contact Donna Mayer, Senior Director of Gift Planning , at 410-704-3375, 1-866-301-3375, or dmayer@towson.edu.

 

The information on this Web site is not intended as legal, tax or investment advice. Please consult an attorney, tax professional or investment professional for such advice.

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