Charitable Foundation
Giving Opportunity: Charitable Remainder Annuity Trust
This plan pays you a fixed dollar amount every year for the rest of your life, with no investment worries or responsibilities. After your lifetime (and the lifetime of a surviving beneficiary, if you desire), the trust remainder is available to support our mission.
Benefits of a charitable remainder annuity trust include:
- A fixed and certain dollar income for life
- Immediate charitable deduction
- A way to increase income from a low-yield holding
- Freedom from investment responsibilities
- Avoidance of capital gains tax on appreciated assets used to fund the trust
Giving Opportunity: Charitable Remainder Unitrust
This option is a combination of a gift and an investment plan. You place assets in trust and your (and/or another beneficiary) receive lifetime income from those assets. Afterward, White Memorial Medical Center receives the remainder. There are additional options with this plan, which the staff of the Charitable Foundation will be glad to discuss with you.
Benefits of the charitable remainder unitrust include:
- Lifetime income (often greater than your previous yield)
- A sizable income tax charitable deduction
- Avoidance of capital gains tax if you donate appreciated securities
- Professional management of the assets frees you from investment worries
If you would like more information about making a gift to the White Memorial Medical Center Charitable Foundation, please call us at (323) 260-5739.
The White Memorial Medical Center Charitable Foundation is licensed by the City of Los Angeles-Police Commission Charitable Services Section to make appeals for charitable donations. If you would like to see a copy of our permit, please contact us.
