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John D. Schneider and Gary T. Johns
John D. Schneider and Gary T. Johns have a very close connection with volunteers back in the 1970s. Gary recalls, "When we were younger, we did not have the financial resources we have today. Our way of supporting the Crocker was through volunteerism. Our donation to the Museum was primarily our time."
Since then, their relationship to the Crocker has evolved and they have decided giving. "The Crocker is one of the few institutions in Sacramento that will be here forever. We want it to be its best." With Gary and John's help, the Crocker will continue to be a regional jewel, attracting lifelong volunteers and donors for many years to come.
A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.
You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to the Crocker Art Museum as a lump sum.
You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to the Crocker Art Museum as a lump sum.