Charitable Remainder Trust
Fund a flexible lifetime gift.
You can irrevocably transfer money, securities, or other assets to a trust that will then pay you (or another beneficiary, if you wish) an income for life or for a period of years. At the death of the surviving beneficiary or at the end of a term of years, the remaining principal in the trust goes to support Lucile Packard Children's Hospital Stanford or the child health programs at Stanford University School of Medicine.
Benefits to you:
- Increase your income when you give to a trust designed to pay out more than you now earn on the assets you will.
- Receive a money-saving federal income tax charitable deduction.
- Pay no up-front capital gains tax when you give unencumbered appreciated assets to the trust.
- Free yourself from investment worries with professional management. Our hospital will serve as trustee for your charitable remainder trust.
- Gain the enduring satisfaction of having made a major commitment to our important work.
Frequently Asked Questions
What are the benefits of a charitable remainder trust over an annuity?
Charitable remainder trusts are generally more flexible and can be customized to your particular situation. We are happy to help determine the best type of gift for you. Contact us for a personalized illustration.
What kind of assets can be contributed to a charitable remainder trust?
The assets include many types and must be unencumbered. Individuals may wish to contribute a partial interest in their highly appreciated homes so that a portion can be sold outright without incurring income taxes, and another portion can be contributed to a charitable remainder trust without incurring capital gains tax. The result is cash outright and an income source for life.
The Lucile Packard Foundation for Children’s Health is a tax-exempt organization and does not provide tax, legal, or financial advice. Any document or information provided to you by our staff is intended to be educational and informational. The Lucile Packard Foundation for Children’s Health strongly encourages all of our donors to seek counsel from their own legal and financial advisors. Please know that any information or documents shared by the development staff cannot be used to avoid tax-related penalties.