Gift Annuities

Years ago my late husband and I tried to sell a piece of real estate during a down market. We had owned the property for many years and it had appreciated quite a bit. When the property didn’t sell our accountant suggested an alternative: donate it to a non-profit organization and receive a charitable tax deduction. That turned out to be great advice. But five years later all of the gift’s charitable tax benefits were used up, so we asked him “What now?” His answer was a charitable gift annuity!

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The Class of 1957 Gives Back

When the St. Mary’s Class of 1957 came of age it was the dawn of the “Space Race.” After graduation, the members of this class began careers and families in the tumultuous, changing world of the Cold War, the Cuban Missile Crisis, and the Viet Nam War. They waited patiently during the gas crisis to have enough fuel in their cars to shuttle their children to baseball practices, dance classes, and swim practices.

Now, most are retired or considering retirement, and some are embarking on new careers. Each has followed her own path, but they share a history, a first-rate education, and a rare experience that was and is St. Mary’s.

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Office of Development

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SMCM

Giving Guide

There are many ways to make significant investments in St. Mary's College of Maryland. The information shown here is not exhaustive and is meant to stimulate further inquiry.

For more information regarding specific gift arrangements, please contact the Development Office at 1.800.458.8341 or read our FAQs.

Gifts of Stock
A gift of stock or other securities often brings significant tax benefits to the donor. When making a gift of securities, please contact either Melissa Farren, director of Foundation accounting services, or Paula Mitchell, director of major gifts. We find this most helpful because the brokerage firms frequently cannot, or will not, identify the donor.

Electronic Transfer
Our broker is Charles Schwab & Co., Inc. The transfer from a donor's account to the College's account is accomplished through a Depository Trust Company (DTC). To perform an electronic transfer, notify your broker of the securities to be donated and provide the following transfer instructions:

DTC No. 0164, St. Mary's College of Maryland Foundation
Account Number 8439-7216
Your Name and Address

Mutual Fund Transfer
Mutual fund units cannot be electronically transferred through the DTC. If your mutual funds are held in a Charles Schwab account, your broker can transfer them to our Charles Schwab account by journal entry. If they are held in an account with a different brokerage firm, your broker should contact our office to arrange for the transfer.

Cash/Check/Credit Cards
An outright gift of cash is the simplest way to give. If you make a multi-year pledge (up to 5 years), payments are deductible in the year they are paid.

Gifts of Other Assets
You can donate life insurance policies, personal property, real estate, and retirement plans.

Bequests
Create a legacy. Every bequest is a powerful expression of your faith in the future of St. Mary's College.

Life Income Gifts
Charitable Gift Annuities and Remainder Trusts can provide for both you and St. Mary's College.

For more information, contact:

Paula Mitchell
Director of Major Gifts
E-mail: pamitchell@smcm.edu
Tel: 240-895-3382
Fax: 240-895-2112

David Sushinsky
Director of Alumni Relations and Planned Giving
E-mail: dmsushinsky@smcm.edu
Tel: 240-895-3381
Fax: 240-895-2112

Gift Annuities

The Class of 1957 Gives Back

Give to SMCM

Giving Guide

Give to
SMCM