Charitable Remainder Trusts

Charitable remainder trusts are a way for donors to make a sizable commitment while maintaining the use of their assets for the duration of their life or the term of the trust.  Assets placed in the trust can include: cash, stocks, bond, securities and other investments.

If you establish a charitable remainder trust, you will receive a tax receipt for the present value of your assets calculated using life expectancy and prevailing discount rates at the time the trust is established.

By establishing a charitable remainder trust, you will:

  • receive a charitable tax receipt at the time the trust is established;
  • be able to carry the excess tax credit forward for up to five years if your gift exceeds 75% of your net income in the year that the gift is made;
  • receive lifetime income from your donation;
  • avoid probate and maintain the privacy of the details of your gift.

For more information on charitable remainder trusts, please contact Martha Drake, Executive Director, Advancement, by email at or by telephone at 416-946-0097.

This information is general in nature and does not constitute legal or financial advice, and should not be relied upon as a substitute for professional advice. We strongly encourage you to seek professional legal, estate planning and/or financial advice before deciding on your course of action.



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