You can leave your Legacy of Pride will also creating an income stream for you or your family.
CHARITABLE Remainder TRUST
A charitable remainder trust, or a CRT, is an irrevocable trust that generates a potential income stream for you or other beneficiaries, with the remainder going to Horizons. You can name yourself or someone else to receive a potential income stream for a term of years, no more than 20, or for the life of one or more non-charitable beneficiaries, and then name Horizons to receive the remainder.
With a CRT, you have the potential to take a partial income tax charitable deduction when you fund the trust, which is based on a calculation on the remainder distribution to Horizons.
There are two main types of charitable remainder trusts:
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Let us know about your legacy gift.
By notifying us about your future legacy gift, you become part of the Horizons community as a member of our Legacy Circle. We're then able to recognize your commitment to our community's future when we honor the 400+ Legacy Circle members in our annual report. You also can become an inspiration to others to make their commitments — every additional Legacy Circle member is an example to other LGBTQ people and our allies.
Horizons will always keep confidential any specific information about your intentions and will always respect any donor's wishes to remain anonymous to the public.
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This information is not intended as legal, accounting, or other professional advice. For assistance in charitable giving, always engage the services of a qualified professional.