Charitable Remainder Annuity Trust

Charitable Remainder Annuity Trust Diagram. Description of image is listed below.

How It Works

  1. Create trust agreement stating terms of the trust; transfer cash or other property to trustee
  2. Trustee invests and manages trust assets and makes payments to income beneficiaries you designate
  3. Remainder to ETF for purposes you specify

Benefits

  • Payments to one or more beneficiaries that remain fixed for the life of the trust
  • Federal income-tax deduction for the charitable remainder value of your interest
  • No capital-gain tax when trust property is sold
  • Trust remainder will provide generous support for ETF

More Information

Contact Us

Angelia Nystrom
(865) 524-1223, ext. 121
anystrom@etf.org
Federal Tax ID Number: 62-0807696

 

East Tennessee Foundation
ATTN: Angelia Nystrom
520 W. Summit Hill Drive, Suite 1101
Knoxville, TN 37902

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