Grantor Lead Trust

How It Works
- Create trust agreement stating terms of the trust (usually for a term of years), transfer cash or other property to trustee, and receive an income-tax deduction
- Trustee invests and manages trust assets and makes annual payments to MKA
- Remainder transferred back to you
Benefits
- Annual gift to MKA
- Property returned to donor at end of trust term
- Professional management of assets during term of trust
- Charitable income-tax deduction, but you are taxed on trust's annual income
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Contact Us
Chris Kenrick
Associate Director of Philanthropy
973-509-7933
Montclair Kimberley Academy
201 Valley Road
Montclair, NJ 07042
Federal Tax ID number: 23-7365263
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