A Charitable Remainder Trust (CRT) allows you to donate cash, marketable securities or other assets to The Catholic Foundation, and in return you receive regularly scheduled payments for life or for a pre-determined number of years. At the end of the term, the organization that you designate receives the remaining assets. Conversely, a Charitable Lead Trust (CLT) provides fixed income payments to your selected charitable organization for a specified number of years. At the end of the term, the balance is transferred back to you or your heirs.

Key Benefits Charitable Remainder Trust

•     Allows fixed income payments for life or a terms of years for you, or for you and a spouse
•     Reduce estate and gift taxes
•     Receive an immediate tax deduction based on the present value of the charity’s future interest

Consider a Charitable Remainder Trust if you: 

•    Wish to leave a faith legacy, but need to retain a reliable source of income
•     Want to reduce estate and gift taxes

Key Benefits Charitable Lead Trust

•     Allows you to make an ongoing gift to charity, while retaining a future interest in the asset
•     Ability to pass assets on to heirs at a substantially discounted value
•     Receive a current-year tax deduction for the present value of the amount the charity will receive

Consider a Charitable Lead Trust if you: 

•     Feel called to fill an immediate charitable need, but wish to retain assets for the future
•     Want to leave a legacy for your family, but they don’t need the income right away