CHARITABLE GIFT ANNUITY OR CHARITABLE REMAINDER TRUST

A charitable gift annuity or charitable remainder trust enables you to make a contribution to 2nd Story in exchange for payments each year for a specified term or for life. This payment can be made to you or others, and can be created to reflect your specific giving priorities. Your initial gift is invested for the specified term or life and then the remaining assets are transferred to 2nd Story to be used as you have directed. These gifts provide significant income, as well as capital gains and estate tax savings.