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Charitable Remainder Trusts (CRT) is a financial vehicle created to give income for the donor while supporting a specific ...
“A charitable trust can allow a grantor to leave behind everything they have acquired, knowing it’s going to a good cause,” Martin says. Your legacy will carry on with the organization and ...
A macro trend of the last 15 years is a steady decline in the trust placed in institutions, especially financial ones, ranging from banks to charitable organizations. It’s no surprise ...
Your Nonprofit Legal Resource. In today's episode, Cynthia Rowland's guests are Dale Schroeder and Anneke Niemera ...
“Unfortunately, the organization that ... The brothers created Parkwood Trust Co., a 60-employee company that takes care of the family’s personal and charitable trusts, valued at $9 billion ...
Most people know charitable donations are tax-deductible ... When you pass away, the remainder of the assets within the trust go to the organization of your choice. In a CRT, the cash flow ...
Charitable gift annuities are a way for donors to receive an income stream for life while supporting the charity of their choice.
Additionally in 2024, Northern Trust contributed $70 million to the Northern Trust Foundation for future charitable gifts, and employees gave nearly 120,000 hours of their time to support charitable ...
For cash or non-cash donations of $250 or more, ask the organization for a receipt showing the estimated value of your donation. Charitable donations of any size for which you are seeking a tax ...