What are the ASU Foundation’s dollar minimums for charitable gift annuities?
A. For charitable gift annuities and deferred payment gift annuities, the minimum is $10,000. For charitable remainder trusts, the minimum is generally $100,000, with a remainder interest of at least $50,000, but may vary depending on the ASU Foundation’s future interest. Q. What are the ASU Foundation’s age minimums for life income gifts? A. There are no age minimums. Q. How many beneficiaries may a donor name for a gift annuity or charitable trust? A. With a gift annuity or a deferred-payment gift annuity, the donor may designate a maximum of two beneficiaries; with a charitable remainder trust, the donor is limited to lives in being, as long as the remainder interest minimum is met. Q. What are the requirements for the ASU Foundation to serve as trustee of a charitable trust? A. The ASU Foundation will serve as trustee, and actively seeks to be named as trustee under the following guidelines: if the ASU Foundation’s portion of the remainder interest (the charitable deduction) equals
Related Questions
- I would like to make a gift to Harrogate and District NHS Foundation Trust Charitable Funds in my will. What information do I need to include?
- Can the Harvest Endowment Foundation issue and administer charitable gift annuities?
- What are the ASU Foundation’s dollar minimums for charitable gift annuities?
