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Charitable Remainder Trust

How It Works

Elizabeth set up a charitable remainder trust to benefit the CRCNA.  She contributed assets to a trust.  She now receives income from that trust for life, and the remaining assets will go to the CRCNA upon her death. Setting up your assets in this way provides a reliable income, offers tax benefits, reduces potential complications in estate planning, and ultimately benefits your chosen charitable organizations.  


Solutions for Large Donations

If you've accumulated a substantial estate and seek a dependable income source while making a significant charitable impact, consider a charitable remainder trust. This specialized trust structure allows you or other designated individuals to receive annual income for life or up to 20 years from assets you contribute to the trust. Ultimately, at the conclusion of the trust term, the remaining balance supports the vital mission of CRCNA.

These generous gifts may offer you both tax advantages and the option for ongoing income. There are two primary methods for receiving payments, each with its unique advantages:

  • Annuity Trust: With this option, you receive a fixed dollar amount of your choosing annually, ensuring consistent payments regardless of fluctuations in trust investments.
  • Unitrust: The unitrust model provides you with variable payments each year, calculated as a fixed percentage of the fair market value of the trust assets. This means that if the trust's value increases, your payments rise accordingly. Conversely, if the trust's value decreases, your payments adjust accordingly as well.

By establishing a charitable remainder trust, you can make a substantial impact on CRCNA's mission while securing a dependable income stream for yourself or your chosen beneficiaries.


Charitable Information

Please consult with your bank representative or investment advisor if you are considering this gift.  If you include the Christian Reformed Church in North America in your plans, please use our legal name and CRA Registered Charity Number.

  • Legal Name:The Christian Reformed Church in North America (CRCNA) 
  • Address: 3475 Mainway PO Box 5070 STN LCD 1 Burlington, ON L7R 3Y8 Canada
  • Registered Charity No. #856901285 RR0002