Minimize

You're Membership with CTAI provides the following Benefits:

Website Access

  • To view resources and  information
  • Access to forms, reports and online applications

Implementation & Management Consulting Services:

  • Review CRT documents submitted for administration
  • Trust setup — including user access
  • Calculate donor's charitable income tax deduction(s) and provide official deduction calculation report that can be attached to IRS Form 8283 to support charitable income tax deduction claim
  • Perform initial trust valuation or assist trustee in obtaining a qualified appraisal

Professional Counsel

  • Maximizing tax benefits
  • Preservation of life earnings for heirs
  • Controlled income flow
  • Fulfillment of charitable intent
  • Expanding gift options
  • Ensuring the comfort of future support   
  • Maintaining focus on the charitable mission
  • Receiving assistance with complex program and case designs
  • Reducing Costs
  • Obtaining help with financial and tax reporting

Forms and Information:

Annual Reporting
(Accessible to Members Only)

  • Federal/State Tax Reporting
  • Form 5227
  • Form 1041A (no longer required by IRS)
  • Form K-1
  • Form 1041 (if needed)
  • Form 8282 (if needed)
  • Form 4720 (if needed)

Required State Forms

  • Trust annual summary statement
  • Accounting summary
  • Distribution Summary
spacer
  Minimize

Charitable Trust Administrators, Inc.

Features and Benefits
  • Our trust reports are comprehensive and understandable.
  • Our tax filings are timely.  Normally completed within 30 days of year-end.
  • Our fee structure is fair. Our fees are fixed and not determined by basis points like most trust companies and investment advisory or brokerage firms.
Easy to Read and Understand:
  • Donor’s will be able to read and understand their trusts.
  • We can provide custom report covers for the organization.
  • Donor relations will be improved with great timely reports.
  • The donor, his advisers, the development office will all have timely, accurate information to review.
  • The charity using our services will be differentiated in the marketplace by providing timely and professional reports.
  • The legal or financial professional will serve their clients well by providing independent and professional service.
Timely Tax Filings:
  • Donor’s will receive their tax information (K-1) on a timely basis and will not be held up in their annual tax filings.
  • We provide complete back-office support providing the organization to grow and expand with additional space or cost.
  • No specialized tax knowledge is needed by your staff.
  • Our staff is “on Call” to answer any tax or related questions regarding charitable trusts.
  • Donor’s may refer their friends that are not receiving similar service from their charity.
Fee Structure is Extremely Fair:
  • We normally can reduce administrative costs for an organization by 50%.
spacer
dummy