Gift Planning Corner

Charitable Remainder Trusts

Posted by Susan Gutchess, Acting Director of Gift Planning

A charitable remainder trust is a tool that allows a donor or another beneficiary to receive income for a set period of time. At the termination of the trust, the remainder is left to a charity. The Conservancy is known for protecting the natural world – but we also help protect charitable investments.

One of the key steps in setting up a trust is selecting a trustee who is responsible for overseeing the investments, ensuring that income payments are received and taking care of taxes and other administrative issues. An individual, financial institution or charity such as the Conservancy can serve as trustee.

With the help of our service providers, Kaspick & Company and State Street Bank, the Conservancy has a track record of strong investment returns. Some of our managed trusts have had average annual net returns of 6.0 percent over the past 10 years (This is 2.2% above the benchmark for this group of trusts). Trust donors, who are also members of our Legacy Club, enjoy no longer having the burden and responsibility of managing their charitable remainder trusts.

Other benefits of naming the Conservancy as trustee include:
  • Timely payments and distribution of annual tax statements
  • Continuity of trusteeship
  • No administrative burden — The Nature Conservancy assumes all investment and administration
  • Shared interest in the success of the trust

If you are considering establishing a charitable remainder trust, or if you would like to discuss the possibility of the Conservancy assuming trusteeship, members of our Gift Planning staff would be happy to work with you.

Information that may interest you ...

You can leave a legacy for nature through a charitable remainder trust. Learn more.

Support nature with though your estate plan. Find out how.

You can leave a legacy for nature. Learn about our Legacy Club.

You can protect marine habitats and other natural places by making a planned gift with The Nature Conservancy. Contact us today.