Berkeley Repertory Theatre has received Charity Navigator’s 4 stars for a fourth consecutive year! This means that your tax-deductible gift is put to work effectively to bring award-winning theatre productions and education programs to our community.
Support Berkeley Rep > Planned giving > Charitable remainder unitrusts
Charitable remainder unitrusts
A charitable remainder unitrust allows you to make a gift to Berkeley Rep while providing yourself or others with income before Berkeley Rep is permitted to use your gift. To create this trust, you irrevocably transfer securities, money or other properties to a trustee, such as a bank or other fiduciary, which manages the assets and pays a fixed percentage of the asset value to you, your designated beneficiaries or both. These income payments are distributed annually or more frequently and can continue for the beneficiary’s life or for a term of up to 20 years. After that period, the remaining assets go to Berkeley Rep to support the Theatre according to your instructions.
In addition to helping you to support artistic excellence at Berkeley Rep, your charitable remainder trust relieves you of the burden of having to manage your assets yourself, and it may provide you with a larger income than those assets are currently earning. In addition, tax benefits may include an immediate charitable deduction, avoidance of capital gains tax upon the sale of any appreciated assets and an eventual estate tax savings.
choosing how your gift will be used
You have several options to consider when making a gift from a charitable remainder trust. Here are some possibilities.
- Unrestricted gifts: The use of your gift is left to Berkeley Rep’s discretion. These are the most valuable kinds of gifts, as they help maximize Berkeley Rep’s ability to respond flexibly and creatively to the Theatre’s future needs.
- Restricted gifts: Support ongoing specific needs such as Artistic Initiatives, Youth Programs, Capital Improvements or Staff Development and Retention. Please be sure to speak with a member of Berkeley Rep’s Development staff to ensure that Berkeley Rep can honor the specific intentions you are expressing through your gift.
- Endowment Funds: Enrich one of Berkeley Rep’s existing Endowment Funds with your gift.
- Named Funds: It is possible to create a separate fund named for yourself or in the name of someone you wish to honor. Named funds remain visible at Berkeley Rep because of the people and activities they support, and their visibility helps to encourage others to give.
For more information, to discuss your options or to inform Berkeley Rep of your intentions, please contact Associate Director of Development Daria Hepps at 510 647–2904 or dhepps@berkeleyrep.org.
tell us about it!
You can help us make the best use of your gift by telling us about it. We may even be able to show you how to increase the impact of your gift. Please rest assured that we will respect your wishes and your privacy. Conversations about your future plans will be kept strictly confidential.
For more information, to discuss your options or to inform Berkeley Rep of your intentions, please contact Associate Director of Development Daria Hepps at 510 647–2904 or dhepps@berkeleyrep.org, or simply print and mail Berkeley Rep’s Letter of Intent.
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