George Fox University | Office of Development | Estate and Planned Giving | Charitable Remainder Trusts

Charitable remainder trusts have become extremely popular because of the tax-planning advantages and flexibility of these life income gift plans. A charitable remainder trust can accept the transfer of an appreciated asset, eliminate any potential tax burdens for the donor, invest the proceeds from a tax-free sale of the assets, and use the investment income to provide an income for the donor.

A charitable remainder trust may provide an income for the lifetime of the beneficiary or for a term of up to 20 years. Minimum for a GFU charitable trust is $100,000.

Charitable remainder unitrusts are especially advantageous for appreciated assets and real estate. A unitrust provides a variable income based on a percentage of the value of the trust assets as determined each year. [Example]

Charitable remainder annuity trusts are excellent planning vehicles for older donors with appreciated stock. An annuity trust pays a fixed dollar amount each year to the income beneficiary. [Example]

For more information about charitable remainder trusts, contact Al Zimmerman at azimmerman@georgefox.edu or 503-554-2106. Financial and tax deduction calculations, customized gift plan proposals and counsel are available at no charge or obligation.