Ways to Give

Charitable Gift Annuity

A charitable gift annuity is a method of planned giving whereby a donor gives a charitable organization an asset (usually appreciated securities or real estate) in return for a fixed income stream for life. The income from the gift annuity will always remain the same, providing the donor with a secure income that is not subject to market fluctuations. A portion of the gift annuity income is tax-free because it is considered a return of principal. In addition, the donor receives a current income tax charitable deduction for a portion of the gift. By funding a gift annuity with a highly appreciated asset, such as stocks or real estate, a donor can also reduce significantly the amount of capital gains tax he/she would owe if he/she simply sold the asset.

The BRCC Educational Foundation received the property (pictured below) on August 14, 2000, through a charitable gift annuity arrangement with the donor, Mrs. Julia N. Grandle.

If you would like to make a donation or desire further information, please contact:
Amy Laser Kiger, CFRE, Director of Development
BRCC Educational Foundation, Inc.
Post Office Box 80
Weyers Cave, Virginia 24486-0080
Local Exchanges: (540) 234-9261/ (540) 213-7002/ (540) 943-7002, ext. 2211
VA toll-free 1-888-750-2722, ext. 2211
KigerA@brcc.edu