Protect Your Assets

You can benefit from the tax savings that result from supporting New Jersey Audubon 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 NJ Audubon:

A charitable lead annuity trust pays a fixed amount each year to NJ Audubon 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 NJ Audubon go up as well.

An Example of How It Works

Father smiling with childrenGeorge would like to support NJ Audubon 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 percent of the initial fair market value) to NJ Audubon 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 $854,311. Assuming the trust earns an average 6 percent annual rate of return, George receives approximately $767,240 at the end of the trust term.

*Assuming annual payments and a 3.2 percent charitable midterm federal rate.

Action Steps

  1. Contact Thomas Stokes at 908-396-6476 or tom.stokes@njaudubon.org to talk about supporting NJ Audubon by setting up a charitable lead trust.
  2. Seek the advice of your financial or legal advisor.
  3. If you include NJ Audubon in your plans, please use our legal name and federal tax ID.

Legal Name: New Jersey Audubon Society
Address: 9 Hardscrabble Road, Bernardsville, NJ 07924
Federal Tax ID Number: 22-1539642