A charitable lead trust is essentially the reverse of a charitable remainder trust. Rather than the donor receiving lifetime income from the trust, the charity gets the "lead" benefit and receives the annual stream of income payments.
March 25, 2009
Source: From "AARP Crash Course in Estate Planning"
Once a poverty-stricken young immigrant from Mexico, Catalino Tapia won a $100,000 Purpose Prize for creating a foundation, made up of gardeners like himself, that provides college scholarships for low-income students.
April 16, 2009
By: Elizabeth Pope | Source: AARP Segunda Juventud
CGAs give donors a lifetime annuity in return for a donation to the charity.
February 2, 2006
By: National Endowment for Financial Education | Source: National Endowment for Financial Education
A brief summary of certain federal income tax laws for A informational purposes only. We urge you to consult your tax advisor for the federal, state, and local tax consequences of a charitable contribution.
August 18, 2008
In the slumping economy, more people are turning to charity for food, shelter, medicine, and other basic human services.
June 24, 2008
By: Christopher J. Gearon | Source: AARP.org
A long career dedicated to social justice has led Gara LaMarche to his recent appointment as president and chief executive officer of Atlantic Philanthropies. The Atlantic Philanthropies strive to answer critical social problems related to aging, disadvantaged children and youth, health, and human rights. As a seasoned human rights advocate LaMarche shares his ideas and vision for the organization with host Mike Cuthbert
June 19, 2008
By: Mike Cuthbert
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