About charitable lead trusts
A charitable lead trust is a type of trust that allows you to make a charitable gift while retaining some control over the assets during your lifetime.
This type of trust makes annual payments to a charity for a set number of years, after which the remaining assets are distributed to non-charitable beneficiaries that you choose (many people choose their family members).
Benefits
- Receive an immediate income tax deduction for the value of your contributions
- Retain some control over the assets donated
- Provide for your family’s financial security
- Create a lasting legacy of clean water
How it works
- Create a trust and fund it with assets, such as cash, securities, or real estate.
- The trust makes annual payments to charity: water for a set number of years, based on a predetermined formula or percentage of the trust assets.
- At the end of the charitable period, the remaining assets are distributed to non-charitable beneficiaries, chosen by you, such as your family members.
- Receive an immediate tax deduction for the present value of the charitable payments made by the trust.
Consult a qualified estate planning attorney and/or a financial advisor to determine if this option is right for you, or contact us for more information.
Get in touch
If you have any questions for our team, we want to provide the best support for you. We’d be happy to speak with you about your giving goals — with no obligation.
Name: Kees (Case) Groenewegen
Title :Senior Key Relationships Officer, Legacy Giving
Phone: 646-688-2323
Already included us in your estate plan? Let us know.
More ways to make an impact
Gifts in a will or trust
Donations in your will or trust are by far the most popular type of planned gift. We can help you add charity: water into your existing plans or, if you don’t have a will or trust, help you set one up at no cost to you.
Beneficiary designations
Gifting assets not covered by your will — like 401(k)s or IRA accounts — may help your heirs avoid unwanted taxes, even if you’re below the estate tax threshold.
Popular tax-smart gifts
Giving non-cash assets — an increasingly popular choice — can allow you to have a bigger impact at a lower cost.