Which of the following statements regarding charitable gift annuities $($CGAs$)$ is CORRECT?

A$)$

The donor of a CGA is eligible for an income tax deduction equal to the fair market value $($FMV$)$ of the donated property.

B$)$

A CGA is a contract between a donor and a qualified charity in which the donor transfers cash or appreciated property to the charity in exchange for an annuity.

C$)$

A CGA is usually secured and presents no risk to the donor$-$annuitant.

D$)$

Only cash, and not appreciated property, may be donated to charity in a CGA.