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LSCU COOP / Southeastern Credit Union Foundation / Upcoming Events Calendar / Charitable Lead Trust Webinar
Free MEMBERS Trust Company Webinar on Chairtable Lead Trust Option
Credit unions are invited to register for a free webinar from MEMBERS Trust Company - "NCUF Charitable Lead Trust - A Charitable Investment to Match Your Charitable Intent." The 20-minute webinar will be held Feb. 2, 2012 at 3:30 CT (1:30 PT | 4:30 PM ET).
Webinar participants will get a chance to hear more about the new Charitable Lead Trust Community Investment Fund (CIF) option from Tom Walker, president/CEO, and Jason Ritzenthaler, CFA, CTFA - vice president, Trust & Investments, of MEMBERS Trust Company.
With the new Charitable Lead Trust option, NCUF will receive annual payments calculated as a percentage of the market value of the assets held in the trust for a three- to five-year period. Unless donor credit union elects to renew the trust at the end of this payout period, the remaining assets in the trust will be returned to the credit union.
Click here for a detailed FAQ on the new Charitable Lead Trust CIF Option, and click here to register for the Charitable Lead Trust webinar.
Charitable Lead Trust offers a more customized investment option to meet charitable giving objectives for donor credit unions. Under the terms of the Charitable Lead Trust, NCUF will receive an annual payment equal to a set percentage of the value of the trust. These payments will continue for three to five years at the option of the donor credit union. At the end of the term, the donor credit union may renew or terminate the trust and receive the remaining assets including any appreciation over the payments to NCUF.














