Charitable Remainder Trusts

A charitable remainder trust is an arrangement that allows you to provide income to yourself or others for life (or a term of years), after which the trust assets go to SAB to help train future dancers at the School.

To establish a charitable remainder trust you irrevocably transfer cash, securities, or other assets to a trustee of your choice – who will invest the assets and make “income” payments to the beneficiary (or several beneficiaries) you have named. The annual payments to the income beneficiary can be either a fixed dollar amount (Charitable Remainder Annuity Trust) or a variable amount (Charitable Remainder Unitrust), depending on your wishes, goals and desires. When the trust ends, the remaining trust principal passes to SAB.

Benefits include:

• You receive an immediate income tax deduction for a portion of your contribution to the trust
• You pay no upfront capital gains tax on appreciated assets you donate to the trust
• You or your designated beneficiaries receive income for life or a term of years
• Your estate may enjoy reduced probate costs and estate taxes
• You have the satisfaction of making a significant gift that benefits you now and SAB later

If you create a Charitable Remainder Trust for the ultimate benefit of SAB, you'll be eligible to join the Founders Society. To learn more, click here.

For more information and/or a personal illustration please contact Meredith Robbins, Director of Development, at 212-769-6615 or mrobbins@sab.org. All inquires are confidential.