Smart Giving, Powerful Results

crtdiagramWhat if you could have a steady income for life, reduce your taxes, and help UO students as a result? You can, with a charitable remainder trust.


Harry and Sally Mallard, both age seventy-five, dreamed of creating a scholarship to help students attend the UO.

At their annual tax review they mentioned this to their accountant.

They were also concerned about the vacation house they own. It wasn’t used much anymore, and at their age, they didn’t want to deal with renters.

Think charitable remainder trust if you want to support the UO and you say “yes” to one or more of the following:

  • I want to sell my real property
  • I can use a tax deduction
  • I want to supplement my retirement income
  • I want to diversify my stocks without triggering immediate capital gains taxes

They hesitated to sell because of the capital gains tax they would have to pay.

Their accountant suggested they transfer the house into a charitable remainder trust. By doing so they can avoid immediate capital gains, receive lifetime income, and ultimately support the UO.

In August of 2012, the Mallards decided to transfer the house valued at $350,000 into a charitable remainder trust with a 5 percent payout rate. They immediately qualified for a $171,514 income tax charitable deduction.

After the property sells, the trust will begin making payments to them for the rest of their lives. When the trust payments end, the remainder of their trust will provide scholarships for students at the UO.

To learn more about charitable remainder trusts and other gifts that can provide you with income, e-mail us at, or call 541-346-1687 or toll free 800-289-2354.

Example: A couple, both 75, fund a $350,000
charitable remainder trust in December 2012
Payout rate 5.0%
Annual payment first year* $ 17,500
Estimated income tax charitable deduction $ 171,514
*Future payments will be based on the value of the trust on January 1 each year.
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