A charitable remainder annuity trust is attractive to donors who want fixed annual payments. Unlike a gift annuity, which also pays a fixed annual payment, an annuity trust allows you to remember other charities as well as Benedictine when the trust makes a final distribution at your death. You receive fixed annual payments in an amount designated by you in the trust agreement. The annual payment remains the same throughout your life, assuming the sufficiency of the annuity trust assets. The annuity trust is an option for gifts of cash or marketable securities.

Benefits of a Charitable Remainder Annuity Trust

• Fixed lifetime income
• Income tax deduction at time of contribution
• Avoidance of capital gains taxes at contribution and sale of appreciated property
• Significant investment in Benedictine University