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Charitable Remainder Unitrust

Charitable Remainder Unitrust Diagram

How It Works

  1. Create trust agreement stating terms of the trust; transfer cash or other property to trustee
  2. Trustee invests and manages trust assets and makes payments to income beneficiaries you designate
  3. Remainder to Calvin for purposes you specify

Benefits

  • Payments to one or more beneficiaries, varying annually with the value of the trust
  • Federal income-tax deduction for the charitable remainder value of your interest
  • No capital-gain tax when trust is established; property is sold by the trust
  • Trust remainder will provide generous support for Calvin

More Information

Contact Us

Randall Vogelzang
Director of Gift Planning and Major Gifts
616-526-8719
giftplanning@calvin.edu

Federal Tax ID Number: 38-3071514

 

Calvin University
3201 Burton Street SE
Grand Rapids, MI 49546-4388

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