When a donor establishes a split interest agreement with a nonprofit, the nonprofit receives a partial interest in the agreement but not the whole trust arrangement.

Question

Quizplus · Accepted Answer

A donation may take the form of a split-interest agreement, whereby a donor enters into a trust or other arrangement with a nonprofit, giving the nonprofit a beneficial interest in the arrangement, but not the sole interest.

When a Donor Establishes a Split Interest Agreement with a Nonprofit