"We do more than prepare students for the world that is: we help them bring about the world that ought to be."
Support Us
Planned Giving
Charitable Remainder Annuity Trust
How It Works
- You transfer cash, securities, or other appreciated property into a trust. The required minimum for this type of gift is $100,000.
- The trust makes fixed annual payments to you or to beneficiaries you name.
- When the trust terminates, the remainder passes to Friends Seminary to be used as you have directed.
Benefits
- Receive income for life or a term of years in return for your gift.
- Receive an immediate income tax deduction for a portion of your contribution.
- Pay no up front capital gains tax on appreciated assets you donate.
- Use the trust to meet needs that are tied to a specific time frame, such as college tuition payments.
Next
- More detail about Charitable Remainder Annuity Trusts.
- Frequently asked questions on Charitable Remainder Annuity Trusts.
- Related Gift: Charitable Remainder Unitrust.
- Contact us so we can assist you through every step.
Friends Seminary, the oldest continuously coeducational school in New York City, serves college-bound day students in Kindergarten-Grade 12.
