Charitable Remainder Trust
A Charitable Remainder Trust is a trust that receives cash or property from a donor, makes payments for life, lifetimes or a term of years, and then distributes the rest to charity or charities such as the EFCA. A donor may want to turn appreciated property that produces little or no income into a productive asset without paying capital gains tax on the sale of the property. A donor contributes the appreciated property to a charitable remainder trust that will sell the property tax-free and then make payments for life or a term of years.
Contact us: Please email foundation@efca.org or call toll free (800) 995-8578.
