How does a charitable remainder trust work?
Charitable remainder trusts allow you to irrevocably transfer assets, and you and/or your beneficiaries receive payments from the trust for life, or another time period of your choice. The remainder of the trust then goes to a charity like St. Jude Children's Research Hospital.
Make a charitable remainder trust part of your legacy with St. Jude. Learn more about legacy giving.
What types of charitable remainder trusts (CRT) are there?
- a charitable remainder annuity trust (CRAT) pays a fixed dollar amount to income beneficiaries for life or a term of years, regardless of market conditions. The CRAT cannot accept additional gifts after it has been established.
- a charitable remainder unitrust (CRUT) pays the income beneficiaries a fixed percentage rate for life or a term of years. The annual income amount is based on the current value of the trust's assets, so the payout will increase or decrease based on changes in the trust's value.
Our charitable remainder trust calculators can help you estimate your fixed or variable payments:
Why St. Jude?
Families never receive a bill for treatment, travel, housing or food — so they can focus on helping their child live.
Treatments invented at St. Jude have helped push the overall childhood cancer survival rate from 20% to more than 80% since it opened in 1962. St. Jude won't stop until no child dies from cancer.
St. Jude shares its discoveries with doctors and scientists in your community and around the world, so every child saved at St. Jude means thousands more children are also saved.
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We are a tax-exempt, charitable institution listed in the Federal Internal Revenue Service Publication #78, "Cumulative List of Organizations," revised IRS Code 501(c)(3).
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Our Gift Planning department has a representative in your area who can provide further information or help you prepare the right questions to ask your financial advisor to determine what type of planned gift may be right for you. Email email@example.com, call (800) 395-1087, or fill out the form below, and a St. Jude representative will contact you.