Charitable Remainder Unitrust

Charitable Remainder Unitrust Diagram

How It Works

  1. Create trust agreement stating terms of the trust; transfer cash or other property to trustee
  2. Trustee invests and manages trust assets and makes payments to income beneficiaries you designate
  3. Remainder to Empire State University for purposes you specify

Benefits

  • Payments to one or more beneficiaries, varying annually with the value of the trust
  • Federal income-tax deduction for the charitable remainder value of your interest
  • No capital-gain tax when trust is established; property is sold by the trust
  • Trust remainder will provide generous support for SUNY Empire

More Information

Contact Us

Toby Tobrocke
Director of Development
518-580-4805
Toby.Tobrocke@esc.edu

 

The Empire State University Foundation
28 Union Ave.
Saratoga Springs, NY 12866

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Questions?

We are always happy to hear from alumni, students, and other friends of the university.

For general inquiries, dial extension 2248.
Our fax number is 518-580-0700.

800-847-3000