Contact Vice President of External and Donor Relations Carol Bradford today at (213) 413-4130 to learn more.

Charitable Lead Trust

A Charitable Lead Trust (CLT) will appeal to those who want to leave an inheritance for children and grandchildren while minimizing the percentage taken by estate and other inheritance taxes. While a variety of asset types can be used, one of the most common is revenue-generating real estate such as apartment buildings.

Download a Charitable Lead Trust Fact Sheet.

How it Works

A trust is set up from which CCF receives the income from the asset (e.g., apartment building) for a specified number of years. These proceeds are used to create a fund at the foundation that benefits the issues or organizations you care about most.

The trust will reduce estate taxes and prevent the property from being taxed to your children. Then, when your grandchildren reach maturity, the trust is terminated and the assets go for their benefit. Your grandchildren receive much more than they would have otherwise, and the fund established at the foundation will serve the community in perpetuity.