Charitable Remainder Trusts
In exchange for your gift of cash, securities or other assets, DHMC agrees to pay an income to one or more people for a period of time. You also receive a charitable income tax deduction in the year you make the gift.
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You may use appreciated stocks, bonds, mutual funds or even real estate to fund a trust. There are many types of charitable trusts available. A select few are listed below. Each offers its own unique features and benefits.
Types of Charitable Remainder Trusts
- Charitable Remainder Unitrust (CRUT) provides one or more people with a lifetime of income and allows you to choose the payout rate.
In its simplest form, you would transfer assets to a CRUT and receive a percentage of those assets back as income for life. The remaining trust balance plus any undistributed growth will be used by DHMC to fund the program or service of your choice.
Create your own Charitable Unitrust presentation
- Charitable Remainder Annuity Trust (CRAT) allows you to select a specific dollar amount to be paid as income, who will receive the income, and how the remaining balance will ultimately be used by DHMC.
The amount of income received from a CRAT will be fixed. However, trust principal will vary with market performance.
Create your own Charitable Annuity Trust presentation
For more information, e-mail the DHMC Office of Gift Planning or call us toll free at (866) 272-1955.
