CHARITABLE REMAINDER UNITRUSTS

Use a charitable remainder unitrust to provide retirement income, college tuition for children or grandchildren, or current cash for other future objectives. A flexible life income tool, the charitable remainder unitrust is often a tax-effective means of supporting Mines while providing a supplemental income stream for you and your heirs.

When you place your assets into an irrevocable trust and name the CSM Foundation as trustee, we invest your assets and pay you and your named beneficiaries a lifetime or term income of an amount that may vary. The income you receive is a percentage of your trustee’s assets valued annually (at minimum, 5%). Upon completion of the trust term, the principal is transferred to Mines for use in accordance with your wishes.

You are allowed a charitable deduction when you establish a unitrust. And you may be eligible for additional tax benefits as well. We can help you and your financial advisor create a charitable remainder unitrust that helps you achieve your long-term goals. Contact us for more information.

Use our online giving calculator to explore ways to pair your needs with your desire to make a difference at Mines.