A charitable remainder trust and a charitable gift annuity both require a formal trust agreement.
Correct Answer:
Verified
Q24: Academic or athletic scholarships that do not
Q28: According to the rules for accounting for
Q29: Under FASB standards,true endowments are classified as
Q30: FASB standards require private colleges and universities
Q31: An acceptable alternative to the Statement of
Q32: With respect to colleges and universities,academic or
Q34: When a private college is the recipient
Q35: Under FASB standards,quasi-endowments are classified as Unrestricted
Q37: A Research grant program is a type
Q38: A Charitable lead trust is a type
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