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Grantor Lead Trust
Gift Range: $100,000 or more
A grantor lead trust provides a donor with a charitable income-tax deduction for the present value of the payments Webb is to receive from the trust for a specified period of time. The donor, however, continues to be taxed on the income earned by the trust each year—including the amount distributed to Webb . (To avoid this negative tax result, donors often fund grantor lead trusts with tax-exempt securities.) At the end of the trust term, the assets are returned to the donor.
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Hugh Nystrom '85 Director of Advancement 865.291.3837 Hugh.Nystrom@webbschool.org |
Webb School of Knoxville 9800 Webb School Drive Knoxville, TN 37923 Federal Tax ID: #62-0550980 |
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