Planned Giving -
Charitable Remainder Trusts
By establishing a Charitable Remainder Trust you create a “win-win-win” situation.
Your gift to the trust is substantially deductible; you receive a regular, usually better-than-market, income for life (or term of years); and Literacy Partners will ultimately benefit from your significant gift. In addition, the trust can provide relief from capital gains and estate taxes. These trusts can be tailored to meet your particular priority: tax relief, income stream or charitable gift.
Benefits of Establishing a Charitable Remainder Trust
- A charitable income tax deduction for a substantial portion of the gift;
- Regular, better than market, income for life or a fixed term of years (not to exceed 20 years);
- Literacy Partners will ultimately benefit from your significant gift;
- The trust can provide relief from capital gains and estate taxes;
- Trust can be funded with cash, securities or real estate.
Contact Us
For additional information about establishing a Charitable Remainder Trust with Literacy Partners or to set up an appointment to discuss this or other planned giving options, please contact David Nathanson, Director of Finance at 646-237-0123 or davidn@literacypartners.org.
Be sure to consult your financial advisor before making a planned gift.
