CHARITABLE REMAINDER TRUSTS

The Charitable Remainder Trust (CRT) is a popular gift instrument because of its financial and estate-planning flexibility. A donor transfers property under an irrevocable trust that specifies how trust income and principal are to be distributed. The CRT may be created to become effective during life or at death. The donor retains the right to receive income from the trust or creates an income interest for another person; receives a partial income tax deduction in the year the CRT is established, no immediate capital gains tax on the transfer to and subsequent sale by the trust of appreciated assets. At the end of the trust's term, the principal is distributed to Sibley (and other charities if desired).

For more information on ways to make a gift to Sibley, please contact the Foundation at (202) 537-4257 or email Arlene A. Snyder at ASnyder@sibley.org.