Charitable Lead Trust
Protect Your Assets
You can benefit from the tax savings that result from supporting the Cancer Support Community without giving up the assets that you'd like your family to receive someday with a donation in the form of a charitable lead trust.
There are two ways that charitable lead trusts make payments to CSC:
A charitable lead annuity trust pays a fixed amount each year to CSC and is more attractive when interest rates are low.
A charitable lead unitrust pays a variable amount each year based on the value of the assets in the trust. With a unitrust, if the trust's assets go up in value, for example, the payments to CSC go up as well.
See which type of charitable trust best fits your estate plan with the FREE guide Choose From 2 Win-Win Ways to Donate.View My Guide
An Example of How It Works
George would like to support CSC and provide for his children. George received a windfall amount of income and needs a large income tax deduction to offset the income. Following his advisor's recommendation, George funds a grantor charitable lead annuity trust with assets valued at $1,000,000. George's trust pays $70,000 (7% of the initial fair market value) to CSC each year for 15 years, which will total $1,050,000. After that, the balance in the trust reverts back to George. He receives an income tax charitable deduction of $955,700. Assuming the trust earns an average 6% annual rate of return, George receives approximately $767,240 at the end of the trust term.
*Based on a 1.2% charitable midterm federal rate. Deductions and calculations will vary depending on your personal circumstances.
- Contact Karim Merchant at 202-650-5365 or firstname.lastname@example.org to talk about supporting CSC by setting up a charitable lead trust.
- Seek the advice of your financial or legal advisor.
- If you include CSC in your plans, please use our legal name and federal tax ID.
- If you have already made a gift to CSC, please complete this short form or email Karim Merchant at email@example.com. We would like to thank you and welcome you into our Legacy Society.
Legal Name: Cancer Support Community
Address: 734 15th Street, NW, Suite 300, Washington, DC 20005
Federal Tax ID Number: 95-4163931
Not Sure How to Begin Planning?Download My FREE Personal Estate Planning Kit
Gifts That Pay
Your payments depend on your age at the time of the donation. If you are younger than 60, we recommend that you learn more about your options and download this FREE guide Plan for Retirement With a Deferred Gift Annuity.
Calculate Your Benefits
Submit a few details and see how a charitable lead trust can benefit you.