Trusts & Annuities

The Oregon Community Foundation acts as trustee for charitable trusts and gift annuities. A life income or split interest gift arrangement secures beneficiary payments for the donor, or for other named individuals, while also providing a charitable gift to OCF. 

Trusts or annuities are administered through TIAA Kaspick with oversight by Foundation staff.  TIAA Kaspick manages one of the largest portfolios of planned gifts in the nation and has a proven track record of providing excellent trust administration with competitive investment returns.   
 

Types of Trusts
Gift Annuities
Staff Assistance

Types of Trusts

Charitable Remainder Trusts (CRTs)

A donor may transfer assets to a charitable remainder trust that provides a specified distribution percentage to one or more (income) beneficiaries for life, or a term of years, with the remainder interest paid to charity. There are two kinds of CRTs:

  • Charitable remainder unitrust. A CRUT requires annual revaluation of the trust assets — which typically changes the value of the unitrust payment — and allows donors to make additional gifts to the trust.
  • Charitable remainder annuity trust. The income beneficiary of a CRAT receives a fixed amount that is determined when the trust is established.  A CRAT does not allow donors to make additional gifts to the trust.

Charitable Lead Trusts

A donor may transfer assets to a charitable lead trust. A charity is the income or “lead” beneficiary for a lifetime or term of years, after which the remaining assets are distributed to the donor or other beneficiaries.