Northern Arizona University

Charitable Remainder Annuity Trust

Provides you with a fixed income.

A charitable remainder annuity trust provides a fixed income. With this type of trust, your lifetime or term income is a fixed annuity, based on a percentage of the initial value of your assets. The annuity amount must be at least 5 percent, by law.

An annuity trust is most often used when your primary goal is a fixed income and long-term inflation is not a concern.

You may establish a charitable remainder trust with the NAU Foundation as a trustee with a gift of $50,000 or more. Depending on the type of trust you choose, you may use a variety of assets, including cash, publicly traded stocks, mutual funds or bonds, closely held stock and real estate.

Charitable remainder trusts can be structured in different ways to meet your financial and charitable goals. Selecting the form that is best for you requires careful consultation with your professional advisors and the NAU Advancement staff. Our staff can provide you and your professional advisors with additional information and specific illustrations of how a charitable remainder trust or other life income gift can work for you.

To find a quick and easy way how you might benefit from establishing a charitable remainder trust or charitable gift annuity with Northern Arizona University, click here to use our gift calculator.