Charitable Remainder Annuities “CRAT”s, Charitable Remainder Unitrusts “CRUT”s, and Charitable Lead Trusts “CLAT”s offer opportunities for donors to receive streams of income throughout their lifetime or income tax deductions on the value of the asset donated. Read more about these types of gifts can support yourself and the work of Good Neighbor Health Clinic below.
Charitable Remainder Annuity
A Charitable Remainder Annuity or “CRAT” is a means to make an irrevocable gift that offers a fixed quarterly stream of income (the most common frequency) while leaving the remainder to charity. This is a great charitable giving option for donors with either cash or highly appreciated non-cash assets held for more than one year who want to turn it into an income stream and/or move it from their estate. A software illustration (from an outside company) can be run by Good Neighbor Health Clinic to show what the tax deduction and income stream could look like.
Charitable Remainder Unitrtusts
A Charitable Remainder Unitrust or “CRUT” is a means to make an irrevocable gift that offers an income beneficiary a variable quarterly stream of income (which is the most common choice of frequency, for example) while leaving the remainder to charity. This is a great charitable giving option for donors with either cash or highly appreciated non-cash assets held for more than one year who want to turn it into an income stream and/or move it from their estate. A software illustration (from an outside company) can be run by Good Neighbor Health Clinic to show what the tax deduction and income stream could look like.
Charitable Lead Trust
A Charitable Lead Trust or “CLAT” is a means to move one’s property out of one’s estate temporarily or permanently, while simultaneously allowing Good Neighbor Health Clinic to receive at least an annual fixed income stream for a time period of up to 20 years. This is a great charitable giving option for donors with an estate tax problem (e.g. assets more than $13.61 million for individuals, or $27.22 million for a married couple) who own HIGH-COST BASIS assets (meaning they aren’t worth much more than they purchased them for), and the donors don’t need these assets now but are charitably inclined. This gift option allows donors the potential for a charitable income tax deduction (for the Grantor-Retained CLAT version) and temporarily moving the asset from the estate. The Non-Grantor-Retained CLAT version does NOT offer a charitable income tax deduction but instead PERMANENTLY moves the asset from the estate.
Other Ways of Giving
Link to: Matching Gift Program
Matching Gifts
Link to: Donor Advised Funds
Donor Advised Funds
Link to: Retirement Assets
Retirement Assets (401k, 403b, 457, IRA QCDs)
Link to: Real Estate
Real Estate Assets
Follow a manual added link
Tangible Personal Property
Link to: Cryptocurrency
Cryptocurrency
Link to: Royalties, Copyrights & More
Royalties, Copyrights, & More
Link to: Privately Held Securities
Privately Held Securities & Business Interests
Link to: Publicly Traded Securities
Publicly Traded Securities Including Stocks, Bonds, & Mutual Funds
Link to: Planned Giving
Planned Giving
Volunteer With Us
Our ability to provide needed care to our neighbors is built on a vibrant network of volunteers. We’re delighted that you’re interested in being a part of our team! To learn about current volunteer opportunities, visit our volunteer page.
At this time, we DO NOT have opportunities available for individuals without clinical licensure. In order to be a clinical volunteer, we require Vermont licensure. Volunteer roles are based on current needs and may change as new opportunities arise.
