You can fund a future gift for us from your income instead of capital.

How it works
1. You transfer ownership of a paid-up life insurance policy to the Severna Park Community Center.
2. The Severna Park Community Center elects to cash in the policy now or to keep the policy and receive the death benefit later.

Benefits
• You receive gift credit and an immediate income tax deduction for the cash surrender value of the policy.
• In some cases, you can use the cash value in your policy to fund a life-income gift, such as a deferred gift annuity.
• You can have the satisfaction of making a significant gift now to the Severna Park Community Center without adversely affecting your cash flow.

How to gift life insurance to SPCC
• Designate SPCC as a beneficiary of your life insurance policy; or
• Give SPCC a fully paid life insurance policy that you no longer need; or
• Purchase a policy and name the SPCC as the owner and beneficiary.  You will then be asked to contribute the equivalent of the annual premium payment to the SPCC.  This premium contribution is tax deductible and is used by the SPCC to pay the insurance premium.

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

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