Which of the Following Entities Allows the Donor to Gift

question 2

Multiple Choice

Which of the following entities allows the donor to gift variable annual payments to a charity for a period of time?

• A)Charitable Lead Annuity Trust.
• B)Charitable Lead Unitrust.
• C)Charitable Remainder Trust.
• D)Qualified Charitable Distribution Trust.

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Definitions:

Outside Supplier

A third-party entity that provides goods or services to a business.

Residual Income

Income that remains after all operating expenses, including cost of capital, are subtracted from revenue, often used in performance measurement.

Investment Center

A business segment whose manager has control over cost, revenue, and investments in operating assets.

Cost Center

A department or segment of a business to which costs can be allocated but does not directly generate revenue.