Recommended for younger donors to build retirement earnings for the future.

How it works
1. You transfer cash, securities or other property to the Severna Park Community Center.
2. Beginning on a specified date in the future, the Severna Park Community Center begins to pay you, or up to two annuitants you name, fixed annuity payments for life. 
3. The principal passes to the Severna Park Community Center when the contract ends.

Benefits
• You receive an immediate income tax deduction for a portion of your gift.
• You can postpone your annuity payments until you need them, such as when you reach retirement or when a grandchild begins his or her college education.
• The longer you defer your payments, the higher the effective rate you will receive. In the meantime, the principal grows tax-free.
• You can have the satisfaction of making a significant gift now that benefits both you and the Severna Park Community Center later.

Our team of professionals is available to work with you and your tax, financial, and estate advisors in forming a gift plan.

For more information, contact:
Chris Marsala, Executive Director
Severna Park Community Center
623 Baltimore-Annapolis Blvd
Severna Park, MD 21146
E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Phone: (410) 647-5843

Return to the Planned Giving home page.