a type of U.S. charitable remainder trust where the contributions of donors are commingled, and each income beneficiary receives a pro rata share of the net income.
A trust maintained by a charity. A donor contributes money or other property to the fund and retains, or gives to another, a life income interest in his or her proportionate share of the fund's future income. The donor also irrevocably assigns the remainder interest to the maintaining charity. The fund operates as a separate trust with numerous donors. All of the assets separately contributed to the fund are commingled for investment and administrative purposes.
Was created by the 1969 Tax Reform Act and is a fund maintained by the charity in which all life income gifts are pooled for investment purposes, with income shared proportionally among the participants. Upon death of the income beneficiaries, the principal is distributed to the charity. Payment schedules are stated in the trust document that is issued by the charity, the language of which is prescribed by the IRS.
A trust funded by a number of donors, each donor receiving an income for life.
a charitable trust in which the donor's gift of cash or securities is combined with the gifts of other individuals, and then invested by Brandeis
a fund that commingles gifts from multiple donors
an irrevocable trust established and maintained by a public charity to which many donors can make contributions
an irrevocable trust to which several donors may contribute
an unincorporated fund set up by a public charity to which a person transfers property, reserving an income interest in, and giving the charity the remainder interest in that property
a split-interest trust with a remainder interest for a public charity and a life income interest retained by the donor or for another person
a trust designed to provide variable yet reliable income
a trust established by a charity to receive donated property and to provide the donors with income for life
a trust into which two or more donors irrevocably transfer property, contributing the remaining interest in the property to the University
a trust, operated by a charitable organization, that enables you to retain a life income, claim a current income tax deduction, and make a future gift to charity
a trust that acts much like a mutual fund
a trust that commingles gifts from many donors
a Trust that enables the donor, along with other donors, to "pool" in one trust, gifts of money and other acceptable property for which the creation of individual trust accounts would be impractical
a trust that is established and maintained by a public charity
a type of charitable remainder trust that operates somewhat like a mutual fund, wherein your gift to the fund, along with similar gift from others, are invested in a common fund
a type of investment trust that is often described as similar to a mutual fund
a type of mutual fund maintained by a charitable organization
A trust funded by a number of donors, each retaining an income for life. Each donor is paid a pro-rata share of the fund's earnings. Each donor's portion of the principal becomes the property of the charity at the death of the donor.
This fund allows gifts from separate donors to be commingled in a single trust. In return, each designated beneficiary receives a proportionate share of the net income earned by the fund annually.
a donor transfers money/property to an irrevocable trust operated by a charity, receiving a share of income for life. Whatever remains at the donor's death is available to the charity.
A program maintained by charity that provides a donor with income in exchange for a contribution to the fund. Contributions from several donors are combined to produce an investable amount. Income realized through the fund's investments are distributed to donors in proportion to their respective contributions. Donors receive a partial charitable deduction at the time of contribution. At the death of the donor, the portion of the fund attributable to the donor's original contribution is transferred to charity.
A charitable trust in which gifts of cash or marketable securities are commingled for investment purposes with those of other donors. The donor and/or any person designated is paid his/her pro-rata share of all the income earned annually by the trust. After the death of the income beneficiary/beneficiaries, the donor's gift is removed from the pool and goes to the charity that sponsors the trust.
also called a Charitable Remainder Pooled Income Fund is an investment fund much like a mutual fund. It is made up of transfers by many persons to the fund who receive life income interest in exchange for their transfers, based on the value of the transfer into the fund and based on the income earned by the fund.
A trust created by a charitable organization that combines the contributions of several donors and distributes income to those donors based on the earnings of the trust. The trust is managed by the charitable organization, and contributions are partially deductible for income tax purposes.
Charitable giving vehicle whereby the donor, or his designated beneficiary, receives income on the value of the gift, which is pooled with other gifts for investment purposes, with the remainder going to charity upon the death of the beneficiary.
A fund in which a donor's assets are pooled with other gifts. The donor receives a variable income for his/her lifetime and/or the lifetime of another individual. The payout is determined by the income earned by the fund and will vary over time. The donor claims a charitable deduction in the year of the gift, which is based on the present value of the charitable interest. Because all capital gains are retained by the fund, the donor is not subject to capital gains tax on appreciated securities sold.
A trust arrangement which accepts gifts of cash or certain properties from persons who want to provide support for the charitable organization; gifts made to the fund are commingled and invested by the trustee and units of participation are awarded to the donor for his or her gift; income is then paid to the donor proportionate to his or her share of fund earnings.
