Charitable Remainder Trust

Solutions for Large Donations

If you have built a sizable estate and also are looking for ways to receive reliable payments, consider a charitable remainder trust. This type of trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create. At the end of the trust term, the balance in the trust goes to the University of Louisville.

These types of gifts may offer you tax benefits and the option for income. There are two ways to receive payments and each has its own benefits:

The annuity trust pays you, each year, the same dollar amount you choose at the start. Your payments stay the same, regardless of fluctuations in trust investments.

The unitrust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. The amount of your payments is redetermined annually. If the value of the trust increases, so do your payments. If the value decreases, however, so will your payments.

An Example of How It Works

You transfer cash, securities, or other property to a charitable remainder trust.
You receive an income tax deduction. If you give appreciated assets, you pay no capital gains tax on their transfer to the trust. During its term, the trust pays a percentage of its value each year to you or to anyone you name.
When the trust ends, its remaining principal passes to UofL.

Fund Your Donation With:

Calculate Your Benefits

Submit a few details and see how a charitable remainder trust can benefit you.

See My Benefits

Next Steps

Contact Kathryn J. Sides, M.A., CFRE, CAP® at (502) 852-5051 or plannedgifts@louisville.edu to talk about supporting UofL by setting up a charitable remainder trust.
Seek the advice of your financial or legal advisor.
If you include UofL in your plans, please use our legal name and federal tax ID.

Legal name: University of Louisville Foundation, Inc.
Address: 215 Central Avenue, Suite 212, Louisville, KY 40208
Federal tax ID number: 23-7078461

Discover More

See which type of charitable trust best fits your estate plan with the FREE guide Trusts: Choose From Two Ways to Donate.