1. You irrevocably transfer cash, securities, or other property to a trust.
2. You receive a generous income tax deduction when you fund the trust. If you fund your trust with securities or other property that have grown in value, you also pay no capital gains tax in the year of your gift.
3. During its term, the trust pays a fixed amount to you or to anyone you name, typically for life.
4. When the trust ends, its remaining principal passes to [pgm_charshort]. You may designate how we use these funds.

This diagram shows the benefits if you give [pgm_propertydescription] to fund a [pgm_%income]% charitable remainder annuity trust that makes payments each year [pgm_duration].

In addition to providing generous support to [pgm_charshort], these benefits include a [pgm_ded] income tax charitable [pgm_capgainbenefit] [pgm_income] in payments each year.