Gifts That Pay You Income

You can transform boys’ lives while earning an income from your gift.

Charitable Remainder Annuity Trusts (CRAT) and Charitable Remainder Unitrusts (CRUT)

Charitable Remainder Annuity Trusts and Charitable Remainder Unitrusts provide tax advantages while paying you and/or other beneficiaries an annual distribution. This payment is either a percentage of the trust’s annual value or a percentage of the original gift amount.

Payment Structure:

Charitable Remainder Annuity Trusts

• Pays a fixed dollar amount each year, calculated as a percentage of the original value of the assets when the trust is funded. That amount never changes, regardless of how the trust performs. For example: A donor who contributes $500,000 and elects a 5% payout will receive $25,000 annually for the life of the trust — no more, no less.
• A CRAT is closed once funded. No additional contributions are permitted after the trust is established.

Charitable Remainder Unitrust

• Pays a fixed percentage of the trust’s current market value, recalculated annually. If the trust grows, payments increase. If it shrinks, payments decrease. This makes a CRUT more responsive to market performance and a natural hedge against inflation over time.
• A CRUT can accept additional contributions at any time, making it a more flexible vehicle for donors who want to add assets to the trust over time.

Benefits to you include:

• You receive income for life for you or your heirs.
• You receive a charitable income tax credit for the charitable portion of the trust.
• You create your legacy of sustaining CM as a community of faith and learning.

*While donating real estate is a common way to fund a charitable trust, a wide variety of assets can be used, including cash, appreciated publicly traded or closely held stock, as well as oil, gas, or mineral interests.