Grantor Lead Trust

Gift Range: $100,000 or more

A grantor lead trust provides a donor with a charitable income-tax deduction for the present value of the payments Corewell Health Foundation is to receive from the trust for a specified period of time. The donor, however, continues to be taxed on the income earned by the trust each year—including the amount distributed to Corewell Health Foundation. (To avoid this negative tax result, donors often fund grantor lead trusts with tax-exempt securities.) At the end of the trust term, the assets are returned to the donor.

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Contact Us

Lawrence Ghannam, JD
Development Director
947.522.0112
Lawrence.Ghannam@corewellhealth.org

 

Corewell Health Foundation
26901 Beaumont Blvd., Floor 5D
Southfield, MI 48033
Federal Tax ID Number: 38-1459362

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