Planned Giving

Charitable Remainder Annuity Trust

Charitable Remainder Annuity Trust 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 Hood for purposes you specify

Benefits

  • Payments to one or more beneficiaries that remain fixed for the life of the trust
  • Federal income-tax deduction for the charitable remainder value of your interest
  • No capital-gain tax when trust property is sold
  • Trust remainder will provide generous support for Hood

More Information

Contact Us

Emily VanderWoude
Senior Director of Advancement
Phone: 301-696-3708
Email: vanderwoude@hood.edu

 

Hood College
401 Rosemont Avenue
Frederick, Maryland 21701

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