Give cash or securities, receive an income tax deduction, avoid capital gains tax on the transfer and secure lifetime income.

How it works
1. You transfer cash or securities to the Pooled Income Fund trust established by the Severna Park Community Center.
2. The trust issues you units, like a mutual fund, and pays you, or up to two income beneficiaries you name, the annual income attributable to your units for life. 
3. The principal attributed to your units passes to the Severna Park Community Center when the last income beneficiary dies.

Benefits
• You receive gift credit and an immediate income tax deduction for a portion of your gift to the trust.
• You pay no capital gains tax on any appreciated assets you donate.
• Although modest, the income usually exceeds the level of stock dividends.
• You can have the satisfaction of making a gift that benefits you now 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

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