Glendale Community College
Home MenuCharitable Gift/Annuity
Your Goal
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Receive fixed income for life
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Avoid capital gains tax on the sale of appreciated property
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Enjoy benefit of tax savings from charitable donation
How It Works
You transfer your cash or appreciated property to Glendale College Foundation (GCF) in exchange for our promise to pay you fixed income (rates based on your age) for life.
Your Benefits
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Charitable tax deduction
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Fixed income for life
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Partial bypass of capital gain
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Possible tax-free payments
For more information, please contact Paola Santana, executive director, at (818) 551-5196 or psantana@glendale.edu.
The discussion herein is general in nature and may not apply to all individuals. Prospective donors are urged to consult their personal tax and financial advisers concerning the specific consequences of making gifts to Glendale College.