Charitable Trusts & Pooled Income Funds

The San Mateo County Community Colleges Foundation gratefully accepts gifts from charitable remainder trusts, charitable lead trusts, and pooled income funds. While we do not manage or serve as trustee for these vehicles, they offer powerful ways to support our mission while meeting your financial and philanthropic goals.

Please consult your financial advisor, tax professional, or attorney to establish any of these giving options.

Charitable Remainder Trusts (CRTs)

CRTs provide lifetime income to you or a designated beneficiary, with the remainder supporting SMCCC Foundation after the trust term ends.
Types of CRTs:

Annuity Trust: Fixed annual payments (minimum 5% of initial gift value); no additional contributions allowed
Unitrust: Annual payments based on a fixed percentage of the trust’s revalued assets; allows additional contributions

Variations:

Income-Only Unitrust: Pays only net income, not principal
NIMCRUT: Starts as income-only, then converts to standard unitrust after a triggering event (e.g., age milestone)

Charitable Lead Trusts (CLTs)

CLTs provide income to SMCCC Foundation for a set term, after which the remaining assets pass to your heirs or other beneficiaries—often with reduced tax impact.

Types of CLTs:

Annuity Trust: Fixed annual payments
Unitrust: Variable payments based on asset value

Pooled Income Funds

Your gift purchases shares in a professionally managed investment pool. You (or your designated beneficiaries) receive annual income for life. Afterward, your shares support SMCCC Foundation’s mission.

Benefits:

Lifetime income
Diversified investments
Federal and possible state tax deductions
No immediate capital gains tax on appreciated assets