Ways for Your Client to Establish a Fund
There are four ways your client can establish a permanent fund with The Rhode Island Foundation.
- A Current Gift establishes your client's fund now.
- A Deferred Gift establishes the fund at your client's death.
- A Life Income Gift allows your client or someone he/she designates to receive income during his/her lifetime and establishes the fund at his/her death.
- A Charitable Lead Trust makes income payments to a charitable fund at The Rhode Island Foundation your client names, for a term of years or for the lives of individuals; at the end of the term, the remaining assets pass to heirs or other individuals your client designates.