Charitable Remainder Trust Calculator
Inputs
$
%
years
%
%
%
Tab to move between fields
Results
Annual Income
$70,000.00
≈ 6 years of state college
Charitable Deduction
$142,250.93
≈ 9 used cars
Tax Savings$52,632.84
Total Income Over Term$1,400,000.00
Remainder to Charity$477,644.60
1
Identify Input Parameters
6 parameters
= Funding Amount = 1000000, Annual Payout Rate = 7, Term (Years) = 20, Expected Growth Rate = 6, Tax Bracket = 37, IRS Section 7520 Rate = 5.2
= 6 input(s) provided
2
Calculate Annual Income
Annual Income
= 70000
= $70,000
3
Calculate Charitable Deduction
Charitable Deduction
= 142250.93
= $142,250.93
4
Calculate Tax Savings
Tax Savings
= 52632.84
= $52,632.84
5
Calculate Total Income Over Term
Total Income Over Term
= 1400000
= $1,400,000