A charitable remainder annuity trust is an excellent gift plan for a donor who has highly appreciated securities and is also interested in receiving a fixed income stream. A donor places a one-time contribution of cash or appreciated assets (e.g. stocks, bonds, etc.) into a charitable remainder annuity trust. The trust then sells the assets and reinvests the proceeds, mainly in conservative vehicles, such as Treasury notes or government bonds. The beneficiary receives a fixed dollar annual income payment for life. When the trust terminates, The Rockefeller University receives the remaining principal.
Please contact Vickie Lister, Senior Director of Planned Giving to learn more about charitable remainder annuity trusts. The Rockefeller University recommends that you consult with your legal and financial advisors before proceeding with any planned gift.