This month only, your donation will be doubled by The Light of Day Foundation for up to $150,000!
PDF is committed to using your funds efficiently to support our mission.
Tax ID number: 13-1866796
Charitable Lead Trust
The Charitable Lead Trust is an excellent vehicle for philanthropic individuals who do not need current income from high-yielding assets but wish to pass them to their family at some future time. This is a wonderful kind of gift for PDF, because it gives us the opportunity to use the income now for research and our many initiatives to serve the Parkinson’s community.
Usually, the way the lead trust works is that you transfer assets to a trust for a fixed number of years. During that time, payments from the trust support the Parkinson’s Disease Foundation’s mission. At the end of the trust’s term, whatever remains in the trust will be distributed to your heirs, and the gift or estate taxes are substantially reduced or eliminated. In most cases, the assets are placed in a trust for fifteen years or longer. The lead trust is most often in the form of an annuity trust, paying PDF a fixed dollar amount.
For further information, contact:
Yasnahia Cortorreal, Vice President, Administration
(800) 457-6676 or (212) 923-4700
Thank you for your generosity.