Question 1

What services does CTAC offer?

Accepted Answer

CTAC offers administration services for a variety of planned giving vehicles, including charitable trusts, private foundations and supporting organizations, and donor advised funds. They provide expert administration and exceptional customer service to help their clients manage their philanthropic endeavors.

Question 2

What is a charitable trust?

Accepted Answer

A charitable trust is a type of planned giving vehicle that allows an individual to give generously to charity while also receiving substantial tax savings for income, estate, and capital gains tax. CTAC helps clients develop and manage these charitable trusts.

Question 3

What is a private foundation?

Accepted Answer

A private foundation is generally founded by an individual, family, or group of individuals, with trustees or directors responsible for managing the foundation's funds and program. CTAC provides administration services for private foundations and supporting organizations.

Question 4

What is a donor advised fund?

Accepted Answer

A donor advised fund (DAF) allows an individual, family, or corporation to make a charitable gift and then recommend how those funds should be distributed to various charities over time. CTAC offers administration services for donor advised funds.

Ctac

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What services does CTAC offer?

What is a charitable trust?

What is a private foundation?

What is a donor advised fund?

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