Charitable Lead Trust
Protect Your Assets
You can benefit from the tax savings that result from supporting Archdiocese of Galveston-Houston 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 ArchGH:
A charitable lead annuity trust pays a fixed amount each year to ArchGH 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 ArchGH go up as well.
An Example of How It Works
George would like to support ArchGH 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 ArchGH 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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- Contact Michael Schillaci at 713-652-4418 or email@example.com to talk about supporting ArchGH by setting up a charitable lead trust.
- Seek the advice of your financial or legal advisor.
- If you include ArchGH in your plans, please use our legal name and federal tax ID.
Legal Name: The Archdiocese of Galveston-Houston
Address: 1700 San Jacinto St. | Houston, TX 77002
Federal Tax ID Number: 74-6018777
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