Solutions for Large Donations
If you have built a sizable estate and also are looking for ways to receive reliable payments, consider a charitable remainder trust. At the end of the trust term, the balance in the trust goes to Lehigh University.
These types of gifts may offer you tax benefits and the option for income.
The unitrust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. The amount of your payments is redetermined annually. If the value of the trust increases, so do your payments. If the value decreases, however, so will your payments.
An Example of How It Works
Susan, 75, wants to make a gift to Lehigh University but would also like more income in the future. Susan creates a charitable remainder unitrust with annual lifetime payments to her equal to 5% of the fair market value of the trust assets as revalued annually. She funds the trust with assets valued at $500,000.
Susan receives $25,000 the first year from the trust. Subsequent payment amounts vary each year depending on the annual valuations of the trust assets. She is eligible for a federal income tax charitable deduction of $299,845* in the year she creates and funds the trust. This deduction saves Susan $95,950 in her 32% tax bracket.
*Based on a 1.2% charitable midterm federal rate. Deductions and calculations will vary depending on your personal circumstances.
May 4, 2021—Family and Philanthropy: Growing a Lasting Legacy Presentation—An Introduction
Partnering with nationally-known family governance leader, Tom Rogerson, we shared tools for family communication, philanthropic vision, legacy planning, succession, and education. This was the first in a series of presentations as part of the Lehigh Family Philanthropy initiative.View Presentation
June 2021—Family and Philanthropy: Summer Family Fun Work—Activities to strengthen family relationships and communications
As a follow up to the May 4 Family and Philanthropy presentation, we are offering “Summer Family Fun Work” activities Tom Rogerson uses with his private clients to strengthen family relationships and communications—which are the foundation to building trust and successfully managing wealth.
If you would like to learn more, please complete the short form. We would be delighted to share the information with you. You will receive a packet by email that includes several activities for you to review and share among your family.
Fill out a brief form to see which type of charitable trust best fits your estate plan with the FREE guide Choose From 2 Win-Win Ways to Donate.Download and View Your Guide
Gifts That Pay
Your payments depend on your age at the time of the donation. If you are younger than 60, we recommend that you learn more about your options. Fill out a brief form to download your FREE copy of the guide Plan for Retirement With a Deferred Gift Annuity.Download and View Your Guide
Calculate Your Benefits
Submit a few details and see how a charitable remainder trust can benefit you.
Personal Estate Planning Kit
Not Sure How to Begin Planning? Fill out a brief form to download your FREE copy of the guide.Download and View Your Guide
- Contact the Office of Planned Giving at (610) 758-4749 or email@example.com to talk about supporting Lehigh University by setting up a charitable remainder trust.
- Seek the advice of your financial or legal advisor.
- If you include Lehigh University in your plans, please use our legal name and federal tax ID.
Legal Name: Lehigh University
Address: 27 Memorial Drive West, Bethlehem, PA 18015-3086
Federal Tax ID Number: 24-0795445
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