Charitable Trusts There are many ways to leave a meaningful legacy in the community. The Foundation can assist you in choosing the best vehicle for your specific goals and needs. Charitable Trusts are one such vehicle. Through your Charitable Trust, you can build a permanent legacy in your name. Charitable Remainder Trust (CRT) A Charitable Remainder Trust is a gift that gives back. This flexible estate and financial planning tool allows you to give assets to a CRT and ultimately to The Foundation. In return, you receive income for life (or a stated number of years), and reduce estate and income taxes. After your death, assets remaining in the CRT pass to The Foundation to establish an endowment in your name that supports the causes or nonprofits you have chosen. Charitable Lead Trust (CLT) A Charitable Lead Trust makes annual gift payments from its assets to The Foundation to establish a fund in your name that support the causes that you have chosen. At the end of a set term of years, the remaining assets in your CLT pass back to you, or to your designated beneficiaries (your children or grandchildren). To learn more about Charitable Trusts and how they may be advantageous to you, contact our Development Office at 323.761.8704 or by email for more information. Try this Gift Calculator to help you determine the benefits of various gift options. See our Charitable Trusts Brochure.