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.