Charitable Remainder Unitrust

A charitable remainder unitrust ("unitrust") is a gift plan that allows you to provide income to yourself or others while making a generous gift to Slippery Rock University.  The income may continue for the lifetimes of the beneficiaries you name, a fixed term of not more than 20 years, or a combination of the two. 
As a unitrust donor, you irrevocably transfer assets, usually cash, securities, or real estate, to a trustee of your choice.
When the unitrust term ends, the unitrust's principal passes to Slippery Rock University Foundation to be used for the purpose you designate. You may add funds to your unitrust whenever you like.

Charitable Remainder Trust Benefits

  1. You qualify for a federal income tax deduction. 
  2. The income beneficiaries you name receive annual income for life, or for the period you designate. 
  3. Your estate may enjoy reduced probate costs and estate taxes. 
  4. You provide generous support of Slippery Rock University.
  5. Your gift will benefit from expert asset management, provided by the same professionals who manage the Slippery Rock University Foundation endowment.

Interested in learning more?

Connect with our Planned Giving Officer at sboehringer@srufoundation.org or call 724.738.2644.