Charitable Remainder Annuity Trust
(A Stable Dose of Fixed Income)
How a Charitable Annuity Trust works
1. You transfer cash, securities, or other appreciated property into a trust.
2. The trust makes fixed annual payments to you or to anyone you name.
3. When the trust ends, the principal passes to NRC.
Benefits
- You receive an immediate income tax deduction for a portion of your contribution to the trust.
- As long as you are one of the beneficiaries, you pay no immediate capital gains tax on any appreciated assets you donate. A portion of the capital gains tax is spread over your life expectancy.
- You or your designated income beneficiaries receive stable, predictable payments for life or a term of years.
- You can have the satisfaction of making a significant gift that benefits you now and NRC later.