Charitable Lead Trust

Protect Your Assets

Discover More

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

You can benefit from the tax savings that result from supporting McQuaid Jesuit 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 McQuaid Jesuit:

A charitable lead annuity trust pays a fixed amount each year to McQuaid Jesuit 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 McQuaid Jesuit go up as well.

An Example of How It Works

Father smiling with children George would like to support McQuaid Jesuit and provide for his children. 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 $70,000 (7 percent of the initial fair market value) to McQuaid Jesuit each year for 15 years, which will total $1,050,000. After that, the balance in the trust reverts back to George. He receives an income tax charitable deduction of $854,311. Assuming the trust earns an average 6 percent annual rate of return, George receives approximately $767,240 at the end of the trust term.

*Assuming annual payments and a 3.2 percent charitable midterm federal rate.

Calculate Your Benefits

Submit a few details and see how a charitable lead trust can benefit you.

See My Benefits

Personal Estate Planning Kit

Not Sure How to Begin Planning?

Download My FREE Personal Estate Planning Kit

Next Steps

  1. Contact Kristie Robertson-Coyne at 585.256.6183 or krobertson-coyne@mcquaid.org to talk about supporting McQuaid Jesuit by setting up a charitable lead trust.
  2. Seek the advice of your financial or legal advisor.
  3. If you include McQuaid Jesuit in your plans, please use our legal name and federal tax ID.

Legal Name: McQuaid Jesuit
Address: 1800 South Clinton Avenue, Rochester, NY 14618
Federal Tax ID Number: 16-0781584