The Alphabet Soup of Planned Giving
Across
- 4. Another term for remainder
- 7. definition goes brrrr
- 9. A split interest trust created and administrated by a charitable organization. Donors to the fund recieve....
- 10. a planned gift that makes payment to the donors and/or beneficiaries for life or a term of years after which the remainder is distributed to a non profit organization
- 12. a private standard-setting body whose primarypurpose is to establish and improve Generally Accepted Accounting Principles within the US
- 15. A contract between a donor and a charity providing fixed payments for life in exchange for a donation
- 16. Tax form for distributions from pensions, annuities and other plans
- 17. the amount of tax-free amounts an annuitant was eligible for but do not live to recieve...
- 18. The amount remaining for the charity when the ...
- 20. A split-interest trust that pays a fixed or unitrust amount to a charitable organization for a period of years specific in the trust instrument.
- 21. An umbrella term for a spilt-interest trust that pays an individual during their life or for a period after which the remainder is distributed to a charitable organization
Down
- 1. a type of CRUT in which the trust distributes the lesser of 1) the income earned by the CRUT or 2) the unitrust percentage amount specified in the trust instrument
- 2. A split-interest trust that pays a fixed percentage (not less than 5% but not more than 50%) of the net fair....
- 3. any gift in which a part of it is assigned to a charitable organization while another portion is set aside to benefit the donor or their designated beneficiaries
- 5. A gift of property or assets to a beneficiary as defined in a will
- 6. a personal savings planthat gives individuals tax advantages for saving money for retirement
- 8. a distribution from your individual retirement account owned by an individual who is 70 1/2 or older that is paid directly from the IRA to a qualified charity
- 11. the price an asset would bring on the open market
- 13. similar to the NICRUT except if the income earned is indufficient to make the expected percentage distribution, the difference is tracked and can be paid in future years if/ when there is excess income
- 14. IRS form used to report income distributions from trusts
- 19. the amount individuals must withdraw from their tax-deferred individual retirement account each year, beginning at age 73
- 22. A nonprofit organization that provides standards and resources for charitable gift annuities