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 Democracy Now! 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 Democracy Now!. (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.
212-431-9090 (dial 2)
bequests@democracynow.org
Federal Tax ID Number: 01-0708733
Democracy Now! Development Department
P.O. Box 20389
4 East 27th Street
New York, NY 10001-9994
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