Consider a Charitable Remainder Trust (CRT) as a means of investing in the future of The Campership Fund (TCF) and the families TCF helps to get to camp. A CRT offers several benefits such as:

• A stream of income for life or a term of years for you or your beneficiary, then you can have the remaining assets go to TCF

• Enjoy tax advantages such as possibly deducting a portion of the value of your donation to the trust on your current income taxes avoiding capital gains tax when the trust sells the appreciated assets, and the CRT can possibly help reduce your estate taxes by removing assets from your taxable estate

• You will need to determine which individual or organization will serve as trustee of the CRT, which has unique investment, administrative, and tax reporting requirements. It might be a financial services company, a community foundation, or a larger charity that will receive most of the CRT assets when the trust terminates, but is happy to have a portion of the remainder go to The Campership Fund

It's crucial to consult with a financial advisor or attorney to set up a CRT properly. Contact Kaki Green, Executive Director at 904-614-5889 or kaki@campershipfund.org for more information.

The Campership Fund does not provide legal or tax advice. Please consult with your financial advisor, tax professional, or attorney to determine what is best for your specific situation.