Transfer Assets to the Cathedral

The gift that gives back

Assets can be transferred to the Cathedral Church of Saint John the Divine through a Charitable Remainder Annuity Trust. Assets transferred to a trust pay a set amount each year to non-charitable beneficiaries (for example, to yourself and/or your children).  This can be for a fixed term or for the life or lives of the beneficiaries, after which time the remaining assets are distributed to the Cathedral.

A gift of the type provides three benefits:

1. You will receive an immediate income tax deduction for the value of the remainder that will be transferred to the Cathedral upon the trust’s termination;
2. You and/or your beneficiaries collect income from the assets for a specified period of time;
3. There will be a significant reduction in your estate taxes when the trust remainder is transferred to the Cathedral.

Establishing a Charitable Remainder Annuity Trust will require the assistance of your financial advisor or attorney.   For more information please call the Development Office at 212 316-7461 or e-mail us at support@stjohndivine.org.

Any information you provide will be held in strict confidence.