| Foundation > Charitable Lead Trusts |
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Planning a Gift Charitable Lead Trusts To establish a charitable lead trust, donors transfer assets (generally cash or securities) to a trust that pays income from the fund to a charitable organization for a fixed number of years or for their lifetime. At the end of the designated time period, the trust terminates and the assets are given back to the donor or another person the donor names. A charitable income tax deduction is available to the donor at the time of establishment of the lead trust. This giving vehicle can also help to lower estate and gift taxes that would otherwise be due on the assets. This option is especially attractive if you want to leave your children or grandchildren assets in the future, but not immediately.  Donors who establish a charitable trust and those who intend to make other forms of planned gifts are recognized as members of the SSCC Foundation's Legacy Club. They are invited to special events and given an honored place on our rolls of donors. Members of the development staff would be happy to provide you and your advisors with examples tailored to your personal goals. Please contact us. |
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