Non-Grantor Charitable Lead Annuity Trust - Term Certain

Prepared for: Donor name

A. Input Assumptions
Date of transfer February 21, 2018
Fair market value of property transferred $1,000,000.00
The term income interest of the trust will last 20 years
Annual annuity rate 5%
Payment frequency Quarterly
Is payment at beginning or end of payment period End
IRC Sec. 7520(a) election to use 1/2018 discount rate of 2.6%
The mortality table is based on the census taken in 2000
B. Calculation of Gift and Estate Tax Deduction for Non-Grantor Trust
1. Fair market value of property transferred $1,000,000.00
2. Annual annuity rate 5%
3. Annuity amount payable on an annual basis $50,000.00
4. Factor for present worth of an annuity (based on Table B) 15.4429
5. Line 3 annuity amount times Line 4 factor $772,145.00
6. Adjustment factor for payment frequency (from Table K) 1.0097
7. Present value of annuity interest (Line 5 * Line 6) $779,634.81
8. Value of annuity interest (lesser of Line 1 and Line 7). The gift or estate tax deduction $779,634.81
9. Present value of remainder interest = the non deductible remainder (Line 1 - Line 10) $220,365.19

NOTE: This calculation is provided for educational purposes only. The type of assets transferred, the actual date of the gift, and other factors may have a material effect on the amount or use of your deduction. You are advised to seek the advice of your tax advisors before implementing a gift of this type.

Greenpeace Fund, Inc. is registered with the Internal Revenue Service as a 501(c)(3) entity and promotes
Greenpeace’s mission through public education and grants to other environmental organizations.
Contributions to Greenpeace Fund, Inc. are tax-deductible.
Greenpeace Fund, Inc.’s Tax ID number is: 95-3313195.

Greenpeace Fund Inc. | 702 H Street NW, Suite 300 | Washington, DC 20001

(800) 328-0678 - Corrine Barr

© Copyright 2018 by Sharpe Group. All Rights Reserved.