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State Foundation | Giving to the Foundation
Giving to the Foundation: Ways To Give
Charitable Lead Trust
In a charitable lead trust, the income from the asset, not the asset, is donated. This arrangement provides the Foundation with an income from the trust for a term of years, or for the lifetime of an individual. At the end of the payment period, the trust property reverts to the donor or, more commonly, passes to the donor’s family and other heirs.
To our donors: Your gift to the Pellissippi Foundation will impact your financial situation. This Web site does not provide legal or financial advice. Consult your attorney, tax adviser, and the Foundation before making or planning a gift.
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