Charitable Lead Trust
Protect Your Assets
You can benefit from the tax savings that result from supporting the University of Northern Iowa without giving up the assets that you'd like your family to receive someday with a donation in the form of a charitable lead trust.
There are two ways that charitable lead trusts make payments to UNI:
A charitable lead annuity trust pays a fixed amount each year to UNI and is more attractive when interest rates are low.
A charitable lead unitrust pays a variable amount each year based on the value of the assets in the trust. With a unitrust, if the trust's assets go up in value, for example, the payments to UNI go up as well.
See which type of charitable trust best fits your estate plan with the FREE guide Choose From 2 Win-Win Ways to Donate.View My Guide
An Example of How It Works
George would like to support UNI and receive tax benefits. George received a windfall amount of income and needs a large income tax deduction to offset the income. Following his advisor’s recommendation, George funds a grantor charitable lead annuity trust with assets valued at $1,000,000. George’s trust pays $60,000 (6% of the initial fair market value) to UNI each year for 15 years, which will total $900,000. After that, the balance in the trust reverts back to George. He receives an income tax charitable deduction of $686,160. Assuming the trust earns an average 8% annual rate of return, George receives approximately $1,619,706 at the end of the trust term.
*Based on a 3.6% charitable midterm federal rate. Deductions and calculations will vary depending on your personal circumstances.
Calculate Your Benefits
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Prepare the Future
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Your information has been received. If you need to speak with someone immediately about how your estate gift can make a positive impact at the University of Northern Iowa, please contact Jane Halverson at (319) 273-4665 or email@example.com.
- Contact Jane Halverson at (319) 273-4665 or firstname.lastname@example.org to talk about supporting UNI by setting up a charitable lead trust.
- Seek the advice of your financial or legal advisor.
- If you include UNI in your plans, please use our legal name and federal tax ID.
Legal Name: University of Northern Iowa Foundation
Address: 205 Commons, Cedar Falls, IA 50614-0282
Federal Tax ID Number: 42-6058591