Community foundations manage hundreds of individual, smaller charitable trusts under one umbrella. Instead of hunting for fifty different family trusts, you can often apply to a single community foundation and be considered for dozens of distinct trust scholarships tailored to your local geographic area. Key Benefits of Trust-Funded Scholarships
For many donors, the tax benefits are a key motivator. By funding a charitable trust with appreciated assets like stocks or real estate, donors can often avoid paying significant capital gains taxes on the sale of those assets. Additionally, donors may be eligible for a substantial federal income tax charitable deduction based on the value of their gift. charitable trust scholarship