Charitable Gift Annuity (CGA)
Create a lasting legacy with MPT while securing your financial future through a charitable gift annuity (CGA). This unique giving opportunity allows you to support trusted journalism, award-winning educational programming, and cultural enrichment, all while receiving dependable income for life.
Here's how it works:
- You make a gift to MPT Foundation through our partners at the National Gift Annuity Foundation.
- You (and optionally, another beneficiary) receive fixed payments for life.
- The remaining principal sustains MPT’s commitment to deliver quality public media for future generations.
Beyond the satisfaction of supporting the public media you love, your charitable gift annuity can offer several financial benefits:
- Guaranteed payments for life
- Potential federal income tax deductions for itemizers
- Possible reduction in capital gains taxes when funded with appreciated assets like stock or mutual fund shares
Did you know? - IRA holders aged 70½ or older may now make a one-time transfer of up to $53,000 from an IRA to fund a charitable gift annuity. While this transfer doesn't qualify for an income tax deduction, it isn’t subject to income tax liability and can fulfill your required minimum distribution.
Want to learn more? Contact Erin Chrest at 410-581-4057 or echrest@mpt.org