Protect Your Assets
You can benefit from the tax savings that result from supporting Legacy Health without giving up the assets that you'd like your family to receive someday with a donation in the form of a charitable lead trust.
There are two ways that charitable lead trusts make payments to Legacy Health:
A charitable lead annuity trust pays a fixed amount each year to Legacy Health and is more attractive when interest rates are low.
A charitable lead unitrust pays a variable amount each year based on the value of the assets in the trust. With a unitrust, if the trust's assets go up in value, for example, the payments to Legacy Health go up as well.
Calculate Your Benefits
Submit a few details and see how a charitable lead trust can benefit you.
An Example of How It Works
George would like to support Legacy Health and provide for his children. George received a windfall amount of income and needs a large income tax deduction to offset the income. Following his advisor's recommendation, George funds a grantor charitable lead annuity trust with assets valued at $1,000,000. George's trust pays $70,000 (7% of the initial fair market value) to Legacy Health each year for 15 years, which will total $1,050,000. After that, the balance in the trust reverts back to George. He receives an income tax charitable deduction of $955,700. Assuming the trust earns an average 6% annual rate of return, George receives approximately $767,240 at the end of the trust term.
*Based on a 1.2% charitable midterm federal rate. Deductions and calculations will vary depending on your personal circumstances.
- Contact Joshua Goldstein, MBA (he/him) at 503.413.3501 or email@example.com to talk about supporting Legacy Health by setting up a charitable lead trust.
- Seek the advice of your financial or legal advisor.
- If you include Legacy Health in your plans, please use our legal name and federal tax ID.
Legal Name: Legacy Health
Address: P.O. Box 4484, Portland, OR 97208
Federal Tax ID Number: CARES Northwest 93-1314469Good Samaritan Foundation 23-7017276Legacy Emanuel Medical Center 46-5562403 Legacy Health Foundation 46-5562403Legacy Meridian Park Medical Center 46-5562403Legacy Mount Hood Medical Center 46-5562403Randall Children's Hospital Foundation 93-1314469Salmon Creek Hospital Foundation 83-0433165Silverton Health Foundation 93-00913392Unity Center for Behavioral Health 46-5562403
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