Charitable Remainder Annuity Trust

A charitable remainder annuity trust is an excellent gift plan for a donor who has highly appreciated securities and also is 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 into 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 call Vickie Lister, Senior Director of Planned Giving, at (212) 327-8658 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.