Charitable Lead Trust
How It Works
- You contribute securities or other appreciating assets to a Charitable Lead Trust. Our suggested minimum gift is $1,000,000.
- The trust makes annual payments to the Harvard T.H. Chan School of Public Health for a period of time.
- When the trust terminates, the remaining principal is paid to your heirs.
- Income payments to us for a term reduce the ultimate tax cost of transferring an asset to your heirs.
- The amount and term of the payments to the Harvard Chan School can be set so as to reduce or even eliminate transfer taxes due when the principal reverts to your heirs.
- All appreciation that takes place in the trust goes tax-free to the individuals named in your trust.
- More details about Charitable Lead Trusts.
- Frequently asked questions about Charitable Lead Trusts.
- Contact us so we can assist you through every step.
Mike Donatelli, AB ’79, JD ’81, and Evelyn Donatelli
“A charitable lead trust is an invaluable way to give the Harvard Chan School needed cash ‘up front.’ You give Harvard at least $1 million, they invest it and give the School 5 percent of that for a set number of years (usually 10), and then the trust matures back to you, or your children or grandchildren.” –Mike Donatelli, AB ’79, JD ’81, and Evelyn Donatelli