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Shriners Hospitals for Children - Love to the rescue

Trusts: Choose From Two Ways to Donate

Uncover the Option That Matches Your Goal

What if you could support Shriners Hospitals for Children® and our work, provide for your heirs and reduce your taxes with one gift? With charitable trusts, you can do all of it. This guide offers helpful information on two popular types of charitable trusts.


There are two types of charitable trusts—a charitable remainder trust and a charitable lead trust. Both types of trusts split the assets between a charitable and non-charitable beneficiary. The main difference between a charitable remainder trust and a charitable lead trust is when Shriners Hospitals receives your gift.

Remainder trust:  Shriners Hospitals receives the remainder after your lifetime or a term of years.

Lead trust:  Shriners Hospitals receives the gift first, with the remainder going to individuals you choose.

The following few pages have detailed information on both types of trusts. Keep reading to uncover which type may be right for you.

Trusts

Receive Income for Life or a Term of Years

With a charitable remainder trust, you receive a stream of income for your lifetime or a set term of up to 20 years. The income may be greater than what the assets currently yield. If you wish, your spouse or another individual can receive an income from the trust after your lifetime. At the end of the trust term, the remaining balance goes to Shriners Hospitals.

Use this chart to help you choose from two basic types of charitable remainder trusts.

Charitable Remainder Unitrust or Annuity Trust:
Which Is Best for You?
Gift Plan Charitable Remainder Annuity Trust Charitable Remainder Unitrust
Payments You receive fixed income for life or a term of years You receive variable income (based on the trust’s value each year) for life or a term of years
Donor Profile Best for those seeking to make a substantial gift and receive a higher income for a short period of time Best for those seeking to make a substantial gift
Features
  • Fixed income
  • Income tax deduction
  • No up-front capital gains tax on transfer of assets
  • Significant gift to us in the future
  • Variable income
  • Income tax deduction
  • No up-front capital gains tax on transfer of assets
  • Allows additional gifts
  • Significant gift to us in the future
Funding Cash or securities, typically $500,000 or more Cash, securities or other assets, typically $500,000 or more
Trusts

Reduce Taxes and Give to Your Heirs

With a charitable lead trust you transfer cash or assets, which are appreciating in value, into a trust with the intention of supporting Shriners Hospitals first, then returning the remaining assets to your family.

The major benefit of creating a lead trust is in transferring assets to family members at very little gift or estate tax costs. You could potentially pay a relatively small gift tax for eventually transferring a large amount of assets to your children. This type of gift provides you with a gift tax deduction, not an income tax deduction.

Types of Payments
The trustee makes payments from the trust to the selected charity or charities as either a fixed annuity payment or a percentage of the trust.

An annuity payment: With this type of payment, Shriners Hospitals receives the same amount annually whether trust assets appreciate or depreciate. If the trust income is insufficient, the trustee uses principal to make up the difference.

A unitrust payment: With this option, we receive a variable amount based on a specified percentage of the fair market value of the trust assets, valued annually. You set the percentage upon creating the trust. The payments fluctuate with trust appreciation or depreciation. If the trust income is insufficient, the trustee uses principal to make up the difference.

Trusts

Next Steps

We are here to help you. Contact us with any questions you have about creating a trust that benefits you and Shriners Hospitals.

Don Gorbandt
Corporate Director of Planned & Major Giving
Phone: 813.367.2241
Fax: 813.281.7156
Email: dgorbandt@shrinenet.org
2900 N. Rocky Point Dr.
Tampa, FL 33607

https://shcgiftplanning.org/your-planning-library
Clare Meade
Senior Regional Planned & Major Giving Director
Phone: 813.217.3118
Fax: 813.281.7156
Email: cmeade@shrinenet.org
2900 N. Rocky Point Dr.
Tampa, FL 33607

https://shcgiftplanning.org/cmeade
Kathleen Luzier-Bogolea
Senior Regional Planned & Major Giving Director
Phone: 813.518.7746
Fax: 813.281.7156
Email: kluzier-bogolea@shrinenet.org
2900 N. Rocky Point Dr.
Tampa, FL 33607

https://shcgiftplanning.org/kluzier-bogolea
MJ Miller
Senior Regional Planned & Major Giving Director
Phone: 801.214.5351
Fax: 813.281.7156
Email: mjmiller@shrinenet.org
2900 N. Rocky Point Dr.
Tampa, FL 33607

https://shcgiftplanning.org/mjmiller
Terri Andrews
Senior Regional Planned & Major Giving Director
Phone: 314.920.0716
Fax: 813.281.7156
Email: tandrews@shrinenet.org
2900 N. Rocky Point Dr.
Tampa, FL 33607

https://shcgiftplanning.org/tandrews
David Cantrell
Senior Regional Planned & Major Giving Director
Phone: 813.285.6277
Fax: 813.281.7156
Email: dcantrell@shrinenet.org
2900 N. Rocky Point Dr.
Tampa, FL 33607

https://shcgiftplanning.org/dcantrell
Alison Petty
Director of Planned and Major Giving Operations
Phone: 813.367.2241
Fax: 813.281.7156
Email: apetty@shrinenet.org
2900 N. Rocky Point Dr.
Tampa, FL 33607

https://shcgiftplanning.org/apetty
Natalie Deniz
Planned & Major Giving Specialist
Phone: 813.518.7707
Fax: 813.281.7156
Email: ndeniz@shrinenet.org
2900 N. Rocky Point Dr.
Tampa, FL 33607

https://shcgiftplanning.org/ndeniz
Soledad Toca
Planned & Major Giving Specialist
Phone: 813.518.7615
Fax: 813.281.7156
Email: stoca@shrinenet.org
2900 N. Rocky Point Dr.
Tampa, FL 33607

https://shcgiftplanning.org/stoca
Bob Hawkes
Planned & Major Giving Officer
Phone: 813.367.2241
Fax: 813.281.7156
Email: bob.hawkes@shrinenet.org
2900 N. Rocky Point Dr.
Tampa, FL 33607

https://shcgiftplanning.org/bobhawkes
Jennifer Hughes
Director of Principal Gifts and Campaigns
Phone: 713.202.6495
Fax: 813.281.7156
Email: jhughes@shrinenet.org
2900 N. Rocky Point Dr.
Tampa, FL 33607

https://shcgiftplanning.org/jhughes
Catherine McDonough
Manager of Corporate and Foundation Relations
Phone: 813.205.2719
Fax: 813.281.7156
Email: cmcdonough@shrinenet.org
2900 N. Rocky Point Dr.
Tampa, FL 33607

https://shcgiftplanning.org/cmcdonough
Jacqui Kasper
Associate Director, Principal Gifts and Campaigns
Phone: 813.344.6167
Fax: 813.281.7156
Email: jkasper@shrinenet.org
2900 N. Rocky Point Dr.
Tampa, FL 33607

https://shcgiftplanning.org/jkasper
Jeremy Tomlinson
Associate Director, Corporate & Community Engagement
Phone: 813.518.7635
Fax: 813.281.7156
Email: jetomlinson@shrinenet.org
2900 N. Rocky Point Dr.
Tampa, FL 33607

https://shcgiftplanning.org/jetomlinson
Stacey Perlmutter
Director of Development
Phone: 413.787.2000
Email: sperlmutter@shrinenet.org
516 Carew St.
Springfield, MA 01104

https://shcgiftplanning.org/sperlmutter
Shiva Damghany
Director of Development
Phone: 617.371.4746
Email: sdamghany@shrinenet.org
51 Blossom St.
Boston, MA 02114

https://shcgiftplanning.org/sdamghany
Carolyn Wahto
Development Officer
Phone: 617.371.4807
Email: cwahto@shrinenet.org
51 Blossom St.
Boston, MA 02114

https://shcgiftplanning.org/cwahto
David Schumacher
Director of Development
Phone: 814.875.8781
Email: daschumacher@shrinenet.org
1645 W. 8th St.
Erie, PA 16505

https://shcgiftplanning.org/daschumacher
Terry Diamond
Director of Development
Phone: 215.430.4055
Email: tdiamond@shrinenet.org
3551 N. Broad St.
Philadelphia, PA 19140

https://shcgiftplanning.org/tdiamond
Bonnie Meister
Development Officer
Phone: 215.430.4046
Email: bmeister@shrinenet.org
3551 N. Broad St.
Philadelphia, PA 19140

https://shcgiftplanning.org/bmeister
Paul Finelli
Director of Development
Phone: 864.255.7850
Email: pfinelli@shrinenet.org
950 W. Farris Rd.
Greenville, SC 29605

https://shcgiftplanning.org/pfinelli
Jennifer Pearson
Development Officer
Phone: 864.255.8770
Email: jfpearson@shrinenet.org
950 W. Farris Rd.
Greenville, SC 29605

https://shcgiftplanning.org/jfpearson
Christie Waters
Donor Development Associate
Phone: 864.255.8765
Email: cwaters@shrinenet.org
950 W. Farris Rd.
Greenville, SC 29605

https://shcgiftplanning.org/cwaters
Dale Wallenius
Director of Development
Phone: 859.268.5770
Email: dwallenius@shrinenet.org
110 Conn Terrace
Lexington, KY 40508

https://shcgiftplanning.org/dwallenius
McRae Stephenson
Development Officer
Phone: 859.368.5766
Email: ann.stephenson@shrinenet.org
110 Conn Terrace
Lexington, KY 40507

https://shcgiftplanning.org/annstephenson
Alicia Argiz-Lyons
Director of Development
Phone: 813.975.7118
Email: aargiz-lyons@shrinenet.org
12502 USF Pine Dr.
Tampa, FL 33612

https://shcgiftplanning.org/aargiz-lyons
Thomas Sloan
Director of Development
Phone: 713.793.3709
Email: tsloan@shrinenet.org
6977 Main St.
Houston, TX 77030

https://shcgiftplanning.org/tsloan
Debra Richmond
Development Officer
Phone: 713.793.3947
Email: derichmond@shrinenet.org
6977 Main St.
Houston, TX 77030

https://shcgiftplanning.org/derichmond
Lisa Court
Director of Development
Phone: 409.770.6957
Email: lcourt@shrinenet.org
815 Market St.
Galveston, TX 77550

https://shcgiftplanning.org/lcourt
Lisa Mignerey
Development Officer
Phone: 409.770.6853
Email: lmignerey@shrinenet.org
815 Market St.
Galveston, TX 77550

https://shcgiftplanning.org/lmignerey
Jennifer Martin
Director of Development
Phone: 318.226.4304
Email: jmmartin@shrinenet.org
3100 Samford Ave.
Shreveport, LA 71103

https://shcgiftplanning.org/jmmartin
Jennifer Laurent
Development Officer
Phone: 318.222.5704
Email: jlaurent@shrinenet.org
3100 Samford Ave.
Shreveport, LA 71103

https://shcgiftplanning.org/jlaurent
Aaron J. Hanson
Director of Development
Phone: 626.389.9566
Email: aahanson@shrinenet.org
909 S. Fair Oaks Ave.
Pasadena, CA 91101

https://shcgiftplanning.org/aahanson
Joanne David
Development Officer
Phone: 626.389.9587
Email: jodavid@shrinenet.org
909 S. Fair Oaks Ave.
Pasadena, CA 91101

https://shcgiftplanning.org/jodavid
Nathan Clark
Director of Development
Phone: 801.536.3567
Email: naclark@shrinenet.org
1275 E. Fairfax Rd.
Salt Lake City, UT 84103

https://shcgiftplanning.org/naclark
Kristin Liszkowski
Associate Director of Development
Phone: 801.536.3812
Email: kliszkowski@shrinenet.org
1275 E. Fairfax Rd.
Salt Lake City, UT 84103

https://shcgiftplanning.org/kliszkowski
Alan Anderson
Director of Development
Phone: 916.453.2008
Email: asanderson@shrinenet.org
2425 Stockton Blvd.
Sacramento, CA 95817

https://shcgiftplanning.org/asanderson
Melissa Wood
Associate Director of Development
Phone: 916.453.2110
Email: mwood@shrinenet.org
2425 Stockton Blvd.
Sacramento, CA 95817

https://shcgiftplanning.org/mwood
Bettina Kohlbrenner
Development Officer
Phone: 916.453.2321
Email: bettina.kohlbrenner@shrinenet.org
2425 Stockton Blvd.
Sacramento, CA 95817

https://shcgiftplanning.org/bettinakohlbrenner
Janessa Pulido
Development Officer–Silicon Valley
Phone: 916.453.2321
Email: jpulido@shrinenet.org
2425 Stockton Blvd.
Sacramento, CA 95817

https://shcgiftplanning.org/jpulido
Kathy Park
Director of Development
Phone: 971.544.3334
Email: kkpark@shrinenet.org
3101 SW Sam Jackson Park Rd.
Portland, OR 97239

https://shcgiftplanning.org/kkpark
Devereaux Dion
Associate Director of Development
Phone: 971.282.4605
Email: ddion@shrinenet.org
3101 SW Sam Jackson Park Rd.
Portland, OR 97239

https://shcgiftplanning.org/ddion
Angelique Heinzen
Director of Development
Phone: 509.744.1242
Email: aheinzen@shrinenet.org
911 W. 5th Ave.
Spokane, WA 99210

https://shcgiftplanning.org/aheinzen
Lisa Smith
Associate Director of Development
Phone: 509.252.3381
Email: lissmith@shrinenet.org
911 W. 5th Ave.
Spokane, WA 99210

https://shcgiftplanning.org/lissmith
Lori Suan
Director of Development
Phone: 808.951.3609
Email: lsuan@shrinenet.org
1310 Punahou St.
Honolulu, HI 96826

https://shcgiftplanning.org/lsuan
Dianne Johnson
Director of Development
Phone: 314.692.6430
Email: dsjohnson@shrinenet.org
4400 Clayton Ave.
St. Louis, MO 63110

https://shcgiftplanning.org/dsjohnson
Janet Cline
Development Officer
Phone: 314.872.8330
Email: jcline@shrinenet.org
4400 Clayton Ave.
St. Louis, MO 63110

https://shcgiftplanning.org/jcline
Jennifer Sutch
Director of Development
Phone: 612.596.6201
Email: jsutch@shrinenet.org
215 Radio Drive, Suite 100
Woodbury, MN 55125

https://shcgiftplanning.org/jsutch
Dan Winter
Director of Development
Phone: 773.385.5805
Email: dwinter@shrinenet.org
2211 N. Oak Park Dr.
Chicago, IL 60707

https://shcgiftplanning.org/dwinter
Janet Coffey
Development Officer
Phone: 773.385.5451
Email: jcoffey@shrinenet.org
2211 N. Oak Park Dr.
Chicago, IL 60707

https://shcgiftplanning.org/jcoffey
Mark McCauley
Development Officer
Phone: 773.385.5879
Email: mamccauley@shrinenet.org
2211 N. Oak Park Dr.
Chicago, IL 60707

https://shcgiftplanning.org/mamccauley
Bethany Deines
Director of Development
Phone: 513.872.6029
Email: bdeines@shrinenet.org
3229 Burnet Ave.
Cincinnati, OH 45229

https://shcgiftplanning.org/bdeines
Kari Tucker
Associate Director of Development
Phone: 513.872.6100
Email: kari.tucker@shrinenet.org
3229 Burnet Ave.
Cincinnati, OH 45229

https://shcgiftplanning.org/karitucker

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Trusts

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