Charitable Gift Annuities

Giving via Charitable Gift Annuity allows you to arrange a generous gift to your community, while providing yourself a new income source, regardless of market conditions.

You can establish a Charitable Gift Annuity at the Mid-Shore Community Foundation with a gift of cash or stocks, valued at $10,000 or more. You transfer assets to the Foundation and we pay you, or a beneficiary, regular income payments for life.  Upon your death, the remaining assets are transferred to the charitable fund of your choosing.

Payment rates are established by the American Council on Gift Annuities (ACGA) and are dependent upon your age (minimum 55 years of age) and the initial fair market value of your gift. Mid-Shore Community Foundation is registered with the Maryland Insurance Administration to provide Charitable Gift Annuities and all annuities are backed by the assets of the Foundation. We encourage you to seek advice from your tax professional and we welcome the opportunity to meet with you and your advisors.

For additional information, contact Buck Duncan at wduncan@mscf.org or (410) 820-8175 x 100.