Charitable Lead Trust
See which type of charitable trust best fits your estate plan with the FREE guide Choose From 2 Win-Win Ways to Donate.View My Guide
You can benefit from the tax savings that result from supporting Oakland Zoo without giving up the assets that you'd like your family to receive someday with a donation in the form of a charitable lead trust.
There are two ways that charitable lead trusts make payments to Oakland Zoo:
A charitable lead annuity trust pays a fixed amount each year to Oakland Zoo and is more attractive when interest rates are low.
A charitable lead unitrust pays a variable amount each year based on the value of the assets in the trust. With a unitrust, if the trust's assets go up in value, for example, the payments to Oakland Zoo go up as well.
An Example of How It Works
George would like to support Oakland Zoo and provide for his children. George received a windfall amount of income and needs a large income tax deduction to offset the income. Following his advisor's recommendation, George funds a grantor charitable lead annuity trust with assets valued at $1,000,000. George's trust pays $70,000 (7% of the initial fair market value) to Oakland Zoo each year for 15 years, which will total $1,050,000. After that, the balance in the trust reverts back to George. He receives an income tax charitable deduction of $955,700. Assuming the trust earns an average 6% annual rate of return, George receives approximately $767,240 at the end of the trust term.
*Based on a 1.2% charitable midterm federal rate. Deductions and calculations will vary depending on your personal circumstances.
Not Sure How to Begin Planning?
Get your FREE personal estate planning kit.Download Now
Calculate Your Benefits
Submit a few details and see how a charitable lead trust can benefit you.
- Contact Kristin Heller at (510) 746-7188 or email@example.com to talk about supporting Oakland Zoo by setting up a charitable lead trust.
- Seek the advice of your financial or legal advisor.
- If you include Oakland Zoo in your plans, please use our legal name and federal tax ID.
Legal Name: Conservation Society of California dba Oakland Zoo
Address: P.O. Box 5238, Oakland, CA 94605
Federal Tax ID Number: 94-1687847