Planned Giving

Nongrantor Lead Trust

Nongrantor Lead Trust Diagram. Description of image is listed below.

How It Works

  1. Create trust agreement stating terms of the trust (usually for a term of years) and transfer cash or other property to trustee
  2. Trustee invests and manages trust assets and makes annual payments to Food Bank of the Rockies
  3. Remainder transferred to your heirs

Benefits

  • Annual gift to Food Bank of the Rockies
  • Future gift to heirs at fraction of property's value for transfer-tax purposes
  • Professional management of assets during term of trust
  • No charitable income-tax deduction, but donor not taxed on annual income of the trust

More Information

Contact Us

Melannie Grimme
Director of Annual and Planned Giving
720-715-7724
mgrimme@foodbankrockies.org

 

Food Bank of the Rockies
10700 E. 45th Ave.
Denver, CO 80239
Federal Tax ID Number: 84-0772672

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