Major Gifts   >   The Flexibility of a Unitrust

The Flexibility of a Unitrust

The Unitrust is a gift to the Bogart Pediatric Cancer Research Program, but it is also much more.  Because the unitrust is a deferred gift plan, it lets you make a major donation of securities to us, but you get to keep the income from those assets.

How a Unitrust Works

The concept of this combination investment plan/gift is simple.  You fund a unitrust with assets—appreciated property of stocks generate the greatest net savings for you.  You choose a set percentage of the current value of the unitrust, which may be redetermined annually, that you will receive as a life income.  After your lifetime (and, if you wish, that of a survivor), the principal of your trust goes to the Bogart Pediatric Cancer Research Program.

You can receive the same percentage every year, even if the unitrust income is less then that percentage.  Any difference comes out of the capital gains or principal.  Or, you can choose a unitrust with a net income plus make-up option, so that if the actual income amount is below the stated percentage, you receive only that amount.  In this scenario, deficiencies are made up in later years when the unitrust income exceeds the stated percentage.

Add Up the Benefits

A unitrust offers many advantages:

Most important, you make a personal commitment of a significant gift to the foundation to pursue our mission.