Trust Funds & Gift Annuities

Charitable Lead Trust

The charity receives the income for a period of years. When the trust terminates, the principal goes to family members. Although there is no charitable income tax deduction, using the lead trust minimizes the gift tax on transfer of the trust principal to future generations.

Charitable Remainder Trust

The tax exempt trust distributes income annually, typically to the donor and perhaps other family members. After the beneficiary has passed or after a predetermined number of years, the remaining value of the trust goes to the Greater Alliance Foundation.

Gift Annuity

The gift annuity allows you to make a gift to the community through the Foundation and receive both a guaranteed lifetime income tax deduction.