Tax Exempt (Generic) Scholarship Administrator |
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TheKingfish
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Tax Exempt (Generic) Scholarship Administrator |
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I am creating a trust which will largely be an educational scholarship. I have no heirs and my assets contain Traditional IRAs (46%) and Roth IRAs (24%). To avoid the after-death tax bite, I want the trust to push that legacy into a 501(c)(3). I could designate my alma mater university as the host/administrator but I would rather make it less parochial. In other words, I would like the scholarships open to a wider audience; to broaden the opportunity, giving applicants some institutional choice.
Ideally I would like a generic tax-exempt scholarship administrator. Is that doable? Are there such entities? I am early in the pursuit, so your directional thoughts would be much appreciated.
Thank you,
TheKingfish
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Sun May 05, 2019 12:44 pm |
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TheKingfish
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Cash: $ 3.00
Posts: 13
Joined: 08 Dec 2014
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I thought I would tie-off this thread with my own input. After all, the key to most informational pursuit is knowing the ‘key words’ that shoot you off in a positive direction. From there, the world is your oyster. In this case the area is philanthropy, and those entities I wondered about do (in fact) exist. Those words would be:
Community Foundations
Giving Circles
Scholarship America
Good luck,
TheKingfish
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Sat May 11, 2019 8:38 pm |
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Carmen W
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According to me your tax will be released in this case. As custom assignment help educational tax is not applicable I have read it in law. Although I didn’t practice law but for that point, I am assured that it is exempt.
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Sat Nov 30, 2019 2:58 pm |
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Darwin2018
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Location: USA |
New idea |
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The objective of student loans is to help students in paying their fees during education. They differ in countries. For example, with the help of these finances, a person can improve his skills with a tutor and learn an additional language https://upskillstutor.com.ng/ for a wonderful future. They have a wide price range and you can choose. I would like the scholarships open to a wider audience; to broaden the opportunity, giving applicants some help for education.
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Fri Jan 31, 2020 2:32 pm |
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Brotherjohn
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Yes, I agree. It will be more easy. A wider audience needs it!
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Fri Jan 31, 2020 3:38 pm |
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