Charitable Remainder Annuity Trusts

How it works

You transfer cash, securities or other appreciated property into a trust.

The trust makes fixed annual payments to you or to anyone you name.

When the trust ends, the principal passes to Sierra Nevada Memorial Hospital Foundation.

Benefits

• You receive an immediate income-tax deduction for a portion of your contribution to the trust.
• As long as you are one of the beneficiaries, you pay no immediate capital-gains tax on any appreciated assets you donate. A portion of the capital-gains tax is spread over your life expectancy.
• You or your designated income beneficiaries receive stable, predictable payments for life or a term of years.
• You can make a significant gift that benefits you now and Sierra Nevada Memorial Hospital Foundation later.

Consider a charitable remainder annuity trust if you:

• Want to make a major gift to Sierra Nevada Memorial Hospital Foundation while retaining or increasing your cash flow from the assets you contribute
• Have appreciated stocks or bonds and want to avoid the capital-gains cost of a sale
• Prefer the stability of a fixed income
• Want a larger charitable deduction for your gift than the unitrust option would provide
• Have tax-free bonds and want to continue to draw tax-free income from your gift plan

Related Links

More about charitable remainder annuity trusts
Gift example

For assistance with this gift plan, please complete the request information form or contact Kimberly Parker at (530) 477-9700 or e-mail to kparker@snmhf.com.