November 19, 2008 Tips on Giving Wisely Ways to Give Start an Account Philanthropic Services Investment Programs Professional Fees Young Professionals Outright Gifts Memorial Gifts Remainder Gifts Life Income Plans Lead Trusts Charitable IRA Lead trusts A community foundation like ours can administer charitable lead unitrusts and annuity trusts, both of which pay income to one or more charitable beneficiaries during the lifetime of the donor client for a specified period of years.  After the trust term expires, the assets of the trust may transfer to individual, non-charitable beneficiaries. Establishing a trust is simple.  Cash or property is transferred to the trust.  The charitable income beneficiaries receive annually an amount equal to a fixed percentage of the trust's fair market value (unitrust) or a fixed dollar amount (annuity trust).  Upon termination of the trust, the assets are transferred to the individuals you specify. As these giving vehicles are complex and related to other estate planning, we encourage you to work with your lawyer or financial advisor.  If you have questions about life income plans that have not been answered in this section, please click here to Contact Us for more information.