What assets can be used to fund gift annuities?
Typically, cash or marketable securities are the funding assets, however, we may also consider various forms of non-cash assets on a case-by-case basis. Charitable Remainder Trusts 1. Describe how a Dechomai charitable remainder trust works step-by-step. After the donor contacts Dechomai, he/she will be provided with a sample gift illustration. We then will provide a disclosure letter and fee schedule. The donor’s attorney must create the trust naming Dechomai is trustee. The donor then transfers the assets to the trust. Dechomai is responsible for the trust investment management and administration for the entire term. When the trust terminates, the remainder will be transferred to a donor advised fund. The donor must leave instructions for the ultimate grant so that Dechomai may then approve a final distribution of 100% of the proceeds as a donor advised distribution.
