Charitable Remainder Trust (CRT)

A charitable remainder trust is a way to make a gift that allows you to retain income from your property for life or for a period of time that you specify. Your funds are held separately and invested for payment of a fixed or variable income to you and/or someone else you name. Such payments can be a welcome supplement to your retirement plan. When the trust ends at the death of the income recipient or at the end of the specified period of time, whatever remains in the trust is distributed for the charitable purposes you specify. A tax deduction is allowed at the time the trust is created. The size of the deduction depends on beneficiary age(s), payment percentage and other factors.

Charitable Lead Trust (CLT)

A charitable lead trust provides a substantial gift over a period of years while ensuring that the property will ultimately return to the donor or to loved ones. The lead trust is one of the few ways to reduce or eliminate taxes that otherwise would be due on assets left to children or grandchildren. Under the terms of a CLT, assets are transferred to a trust that pays income to one or more charitable recipients for a number of years you determine. At the end of that period, the assets remaining are returned to you or other persons you name. 

Charitable Gift Annuity

A charitable gift annuity is a contract between you and the ETV Endowment whereby you transfer cash or securities to the Endowment and, in exchange, the Endowment agrees to pay you (and/or another beneficiary) a guaranteed fixed income for life. You receive a current income tax deduction in the year of your gift as well as potential future income tax savings. You realize income and tax benefits today for a gift that you might otherwise have planned to make in the future through your will or other long-range plans. Learn more 

Please share with your attorney or financial advisor:
ETV Endowment of South Carolina, Inc.
Federal Tax ID: 57-0657549
401 E. Kennedy Street
Suite B-1
Spartanburg, SC  29302

For more information, please contact our Director of Planned Giving, Rachel Chesser.

The planned gift information presented on our site is intended to provide you with an overview of giving options. You can choose the giving option, or even a combination of gifts, that best suits you and your family’s needs. As you take steps to create your personal legacy, we recommend that you consult your attorney or financial advisor.