Charitable Remainder Trust

 


Giving through a Charitable Remainder Trust allows you to receive income for the rest of your life, knowing that whatever remains will benefit your community.


How it works

  • You transfer cash, appreciated stocks, real estate, or other assets into a trust.
     
  • You receive an immediate charitable tax deduction for the charitable portion of your trust.
     
  • The trust pays you or a beneficiary you designate regular income payments.
     
  • Upon the beneficiary’s death or after a defined period of years, the remaining assets in the trust transfer to the  Foundation.
     
  • We set up a fund in your name, in the name of your family or business, or in honor of any person or organization  you choose.
     
  • We handle all the administrative details after the fund is established, issuing grant awards to charities in the name  of the fund.
     
  • Your gift can be placed into an endowment that is invested over time. Earnings from your fund are used to make  grants addressing community needs. Your gift — and all future earnings from your gift — is a permanent source of  community capital, helping to do good work forever.

Whether you're a potential donor, a professional advisor, a local nonprofit director, or someone who's simply concerned about the future of Kansas, connecting with your local community foundation is the first step toward a better tomorrow for your community