Charitable Remainder Trust

Giving through a Charitable Remainder Trust allows you to receive income for the rest of your life, knowing that whatever remains will benefit your community. How it works

  • You transfer cash, appreciated stocks, real estate, or other assets into a trust.
  • You receive an immediate charitable tax deduction for the charitable portion of your trust.
  • The trust pays you or a beneficiary you designate regular income payments.
  • Upon the beneficiary’s death or after a defined period of years, the remaining assets in the trust transfer to the Fort Scott Area Community Foundation.
  • We set up a fund in your name, in the name of your family or business, or in honor of any person or organization you choose.
  • We handle all the administrative details after the fund is established, issuing grant awards to charities in the name of the fund.
  • Your gift can be placed into an endowment that is invested over time. Earnings from your fund are used to make grants addressing community needs. Your gift – and all future earnings from your gift – is a permanent source of community capital, helping to do good work forever.

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