Charitable Gift Annuities

CLICK HERE FOR A DETAILED EXPLANATION

How It Works

You transfer cash or securities to Music Center.

After the transfer, Music Center pays you, or up to two annuitants you name, fixed income for life.

The principal passes to Music Center when the contract ends.

Benefits

• You receive an immediate income tax deduction for a portion of your gift.
• Your annuity payments are guaranteed for life, backed by a reserve and the full assets of Music Center.
• Your annuity payments are treated as part ordinary income, part capital gains income (15%), and part tax-free income.
• You have the satisfaction of making a significant gift that benefits you now and Music Center later.

More

• Is this gift for you? Click here.
• Read more detail. Click here.

To learn more about charitable gift annuities, Email us, complete the Information Request Form, or call us at 213-972-3333, select Gift and Estate Planning so that we can assist you.