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School of Public HealthCharitable Remainder Trusts
A charitable remainder trust is a separate tax-exempt account into which you transfer your gift. Harvard Management Company will serve as trustee and thus handle the investment of the trust assets as well as legal and accounting administrative matters.
Harvard can pay you a percentage of the trust’s value as income, typically 5%. As the value of the trust changes, so too does your income.
Alternatively, the trustee can pay you a fixed payment each year, based on a percentage, typically 5%, of the funding amount of the trust.
Benefits
- Quarterly income for life; support for your spouse or other beneficiaries
- Potential for growth of income over time
- Investment diversification
- No capital gains tax on gifts of appreciated assets
- Charitable income tax deduction
- Gift and estate tax savings
- Investment management services provided by Harvard Management Company with no separate management fee
- Significant future support for Harvard’s research and teaching
Trust Investment Options
Charitable remainder trusts can be invested with the Harvard endowment or in a manner geared to pay income taxed at lower rates.
Guidelines
- Gift minimums are $100,000 for trusts with beneficiaries age 50 and older, and $250,000 for trusts with beneficiaries 45–49 years old.
- You can donate a wide variety of assets to a unitrust—cash, publicly traded securities, closely held stock, real estate, art, antiques, collections, or intangible assets such as royalties.
Request a personal gift illustration
Please contact us at 800-446-1277 or use our electronic form.
Performance History
Please follow this link to view Charitable Remainder Trust performance history.
BRETT NOWAK AB '03