Charitable Remainder Trust

You transfer an irrevocable gift of cash, securities or mortgage-free property to a trust for which Linfield College will serve as trustee.  The trustee invests the assets of the trust and pays a percentage of the trust's value to one or more income beneficiaries named by you.  You can create atrust that will pay you either a fixed annual income (Annuity Trust) or a variable annual income (Unitrust).

Example Summary of Benefits

Assumptions: Annuitant's age: 65 Spouse's age: 62 Principal donated: $250,000 Cost basis: $40,000 Payout rate: 5% Payment schedule: Quarterly

Benefits: Charitable deduction: $84,498 Annuity income: $12,500

*Illustration based on annual fixed income (charitable remainder annuity trust).  Income would vary annually should you choose to create a charitable remainder unitrust.

Remainder: You will provide generous support to Linfield College to be used for the purpose you designate at the time the trust is created.

For further information on charitable planned giving, contact Craig Haisch '95, director of planned giving, by email or at 503-883-2675.

This information provided on this website is not intended as legal, investment or tax advice.  We strongly encourage you to contact your financial professionals when making a charitable contribution.