This is the inverse of a charitable remainder trust and is an irrevocable trust that generates a potential income stream for one or more charities of the donor’s choice, with the remaining assets eventually going to family members or other beneficiaries.
Important: The material presented in this website is intended only as general educational information and should not be interpreted as legal, financial or tax advice. Figures cited in examples are for hypothetical purposes only and are subject to change. We encourage you to consult your financial, tax, and/or legal advisors to obtain guidance specific to your individual situation and philanthropic goals.
Make a donation or reach out to us about planned giving today!
Read more about Planned Giving
ALMOST THERE, WE’RE ALMOST THERE!
2023 saw us chopping down trees and clearing the area for the ground breaking ceremony. Over 100 people came and our beloved Nancy Marshall turned…
Keep readingCHC WELCOMES 2 NEW BOARD MEMBERS!
Since the Summer, Nancy Fletcher and Betsy Gordon have joined our board. Each of them brings valuable experience and skills that will enhance our organization…
Keep reading
GIVING HOPE TO THE UNHOUSED COMMUNITY
In the beginning, COAT started out by just handing out food and supplies. COAT now has three paid employees and several volunteers. We have also…
Keep reading