Gift Planning

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 RISD 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 RISD

 

Contact Us

Jen Raxter
Senior Executive Director of Major and Planned Gifts
401 454-6405
jraxter@risd.edu

Rhode Island School of Design

20 Washington Place
Providence, RI 02903

Contact Institutional Advancement at lcamara@risd.edu or 401 454-6304

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