NPR News and Cultural Arts
  for the Central Valley

Fred and Susan truly appreciated the quality programming of public broadcasting. Their trust gift represents the single largest estate gift his station has received. This generous contribution will help ensure quality program offerings for years to come. The funds will be used to accommodate both their wishes.

Fred studied electrical and mechanical engineering at a Midwest university and was successful in the corporate world. He retired as President of a large machine works company.

"During a conversation with two of his longtime friends, we learned that he was particularly fond of our classical music programs," said a representative of their local public radio station. "His friends believed his work ethic and constant efforts for perfection were no doubt why he enjoyed our programs. The wonderful times he and his wife spent at their summer home were often spent with the San Francisco Symphony or SymphonyCast on with them."

There are two different types of charitable remainder trusts.

A charitable remainder unitrust is a popular way to achieve tax benefits as well as a fixed annual percentage on the value of the assets in the trust. The assets are valued annually and, if the trust value increases, the payment to the beneficiary(ies) increases.

A charitable remainder annuity trust is set up to pay a fixed rate of return based on the initial valuation at the time the property is placed in the trust. The trust assets are never revalued. An example of a charitable remainder trust is available. Some additional information on charitable remainder trusts is also available.

To read about Charitable Remainder Trusts, click here. Or return to the Planned Giving homepage.

If you would like to discuss planning a gift to Valley Public Radio, please call or e-mail Development Director Renee Torres Machi (rmachi@kvpr.org) or President Mariam Stepanian (mariam@kvpr.org) at 559 275-0764.

Please note, individual financial circumstances will vary. The information on this site does not constitute legal or tax advice. Donor stories and photographs are for purposes of illustration only. As with all tax and estate planning, please consult your attorney or estate specialist. All material is copyrighted and is for viewing purposes only. Use of this site signifies your agreement with the terms of use. The content in this Planned Giving section has been developed for Valley Public Radio by Future Focus under an exclusive licensing arrangement with MajorGiving.com, LLC. Please report any problems to content provider. Revised: August 23, 2005 16:08.