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The Braendle's Story  

 

“We wanted to support Guadalupe Center over many years, but we wanted to do it in an intelligent way in terms of potential tax savings, and perhaps having some funds left over,” said Debi and George Braendle who established a Charitable Lead Trust at the recommendation of their attorney Edward Wollman.  The Braendle’s Charitable Lead Annuity Trust (“CLT”) spins off a fixed amount of money annually that is sent to the Guadalupe Center to support the building maintenance fund - something they thought was important following the last capital campaign conducted while Debi was on the Board of Trustees.  CLTs expire at a specified date with the funds reverting back to the original donor or to an heir of their choice.