Charitable Remainder Unitrust
How It Works
You transfer cash, securities, or other appreciated property into a trust. Our required minimum for this type of gift is $100,000. The trust pays a percentage of the value of its principal, which is valued annually, to you or beneficiaries you name. When the trust terminates, the remainder passes to Cedar Crest College to be used as you have directed. Benefits Receive income for life or a term of years in return for your gift. Receive an immediate income tax deduction for a portion of your contribution. Pay no up front capital gains tax on appreciated assets you donate. You can make additional gifts to the trust as your circumstances allow for additional income and tax benefits.
