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Charitable Remainder Unitrusts

CRUT Diagram

How it Works

  • You transfer cash, securities or other appreciated property into the trust managed by the WVU Foundation.
  • The trust pays a percentage of the value of its principal, which is valued annually, to you or beneficiary(ies) you name.
  • When the trust terminates, the remainder passes to the Foundation to be used as you have directed to benefit WVU, 4-H, Potomac State, WVU Tech, or MAC.
  • See the financial benefits for yourself with our Gift Calculator.

Benefits

  • Receive income for life or a term of years in return for your gift. 
  • Receive an immediate income tax deduction for a portion of your contribution.
  • Pay no upfront capital gains tax on appreciated assets you donate.
  • You can make additional gifts to the trust as your circumstances allow for additional income and tax benefits.
Bill '59 and Judy Carrico – We are pleased to receive quarterly income through the WVU Foundation. Our gift will help medical students in the future and commemorate Bill's parents too.

Next: Tell me more...

Please contact us so that we can assist you through every step of the process.

Questions and Answers


Who can serve as trustee of my unitrust?

How would the assets in my unitrust be invested?

Is it better to give cash or appreciated securities?

Can I give real estate or other property to a unitrust?

Can I include my children as income beneficiaries?

What are the tax deduction implications of my charitable remainder unitrust?

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