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Charitable Remainder Annuity Trust
(A Stable Dose of Fixed Income)
How it works
- You transfer cash, securities or other appreciated property into a trust.
- The trust makes fixed annual payments to you or to anyone you name.
- When the trust ends, the principal passes to the Red Cross.
Benefits
- You receive an immediate income tax deduction for a portion of your contribution to the trust.
- As long as you are one of the beneficiaries, you pay no immediate capital gains tax on any appreciated assets you donate. A portion of the capital gains tax is spread over your life expectancy.
- You or your designated income beneficiaries receive stable, predictable payments for life or a term of years.
- You can have the satisfaction of making a significant gift that benefits you now and the Red Cross later.
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2011 Annual Report
The GCCARC 2011 Annual report is available for download
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Will you know what to do when "what if" becomes "what now"?
>> Learn More
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The Tiffany Circle of the American Red Cross of Greater Cleveland is a powerful leadership network of women who want to change lives, save lives, and strengthen their communities through a focused investment of their time, talent, and treasure.
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Services to the Armed Forces has provided humanitarian support to the United States military, veterans and their families under a trusted symbol for almost 130 years.
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