Charitable Trusts
We welcome your prayers & your gifts
A charitable trust is a flexible way to serve your current and long-term financial and philanthropic interests. Through a charitable trust, a donor gives cash, stock, real estate, or other assets to a trust, which is invested and managed by a professional financial institution of the donor's choice. Once created, a charitable trust is irrevocable. Charitable trusts take two forms — charitable remainder trusts and charitable lead trusts.
Charitable Remainder Trust
Allows you to designate the beneficiary of regular payouts from trust proceeds during your lifetime or for a period of time, not to exceed twenty years. Fertilis Terrae is designated a remainder beneficiary, allowing you to claim a tax deduction.
Charitable Lead Trust
Appeals to individuals who wish to make a gift but retain the property. Fertilis Terrae receives annual payments from the trust, allowing the donor to avoid taxes on the income during the fixed period.
Charitable Remainder Trusts
Charitable remainder trusts provide you with both income and certain tax benefits for a portion of your gift.
Through a charitable trust, a donor makes an irrevocable transfer of property — cash or other assets — to a trust, which is invested and managed by a professional financial institution of the donor's choice, producing income for the donor or other beneficiary, either for a fixed period of time up to twenty years or until the donor or other beneficiary dies. At the conclusion of the trust period, the remaining principal assets will be distributed to Fertilis Terrae.
Charitable Remainder Annuity Trusts
A charitable remainder annuity trust will furnish you — or someone you designate — with a fixed annual income for life or for a pre-determined number of years (up to twenty). The payment amount — which you would determine when you establish the trust — must be at least five percent of the initial gift amount. That amount will not change over the life of the trust. This will appeal to those who want the security of a regular amount each year.
When the trust is created, you may claim a charitable deduction based on the value of the asset used to establish the trust.
Charitable Remainder Unitrusts
A charitable remainder unitrust provides annual payments that will fluctuate from year to year, based on the earnings of the investments in the trust. When the trust is created, you select the fixed payout percentage, which must be at least five percent of the initial gift amount. The annual payment is based on a percentage of the trust's value as calculated each year.
When the trust is created, you may claim a charitable deduction based on the value of the asset used to establish the trust.
Charitable Lead Trusts
Charitable lead trusts appeal to individuals who wish to make a gift but retain the property. These irrevocable trusts are, essentially, the reverse of charitable remainder trusts in that the payments from a charitable lead trust will first come to Fertilis Terrae Inc. for a specific period of time, usually between 10 and 20 years, after which time the principal of the trust will revert to you and/or to those you have designated, typically your children or grandchildren.
For more information about other ways to give, please see our pages on assets you can use, bank accounts & securities, bequests & wills, donating via pledge, donation by mail, life insurance policies, and retirement plans.