Charitable Remainder Annuity Trusts

How it works:

  1. You transfer cash, securities or other appreciated property into a trust.
  2. The trust makes fixed annual payments to you or to anyone you name.
  3. When the trust ends, the principal passes to Baptist Health Care Foundation.


  • You receive an immediate income-tax deduction for a portion of your contribution to the trust.
  • As long as you are one of the beneficiaries, you pay no immediate capital-gains tax on any appreciated assets you donate. A portion of the capital-gains tax is spread over your life expectancy.
  • You or your designated income beneficiaries receive stable, predictable payments for life or a term of years.
  • You can make additional gifts to the trust as your circumstances allow and qualify for additional tax deductions.
  • You can make a significant gift that benefits you now and the Foundation later.

Consider a charitable remainder unitrust if you:

  • Want to make a major gift to the Foundation while retaining or increasing your cash flow from the assets you contribute.
  • Have appreciated stocks or bonds and want to avoid the capital-gains cost of a sale.
  • Prefer the stability of a fixed income.
  • Want a larger charitable deduction for your gift than the unitrust option would provide.
  • Have tax-free bonds and want to continue to draw tax-free income from your gift plan.

Please contact us at  850.469.7906 prior to establishing a charitable remainder annuity trust to ensure it follows our Gift Acceptance Policies.