![IRS Article Offers Valuable Insights Into Charitable Trusts IRS Article Offers Valuable Insights Into Charitable Trusts](https://eu-images.contentstack.com/v3/assets/bltabaa95ef14172c61/bltf187711e11914806/6733f2c7ec23a1ce52acb752/seedling-hands-595x335.jpg?width=1280&auto=webp&quality=95&format=jpg&disable=upscale)
In a recently published article, “Split-Interest Trusts, Filing Year 2009,”1 the Internal Revenue Service offered a bird’s eye view of charitable trusts that includes information helpful to professionals who include philanthropic planning in the services they provide. Each year, the trustees of split-interest charitable trusts—charitable remainder trusts (CRTs), charitable lead trusts (CLATs) and pooled income funds (PIFs)—are required to file Form 5227, an informational return designed to disclose the financial activities of these entities.
Here’s a summary of a some of the findings the IRS reported after it studied information provided in the Form 5227s filed for 2009.
The Big Picture
The IRS reports that 122,541 trusts filed form 522...
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