Who would have believed that Chartiable Remainder Trusts would be so large!
I wonder if this can be right. Could these actually be foundations formed as trusts, as opposed to a CRT?
Company | Assets |
---|---|
METZGER CHARITABLE REMAINDER UNITRUST | 714,692,714,692 |
CULVER CHARITABLE REMAINDER UNITRUST | 436,786,479,461 |
BETTY FIGG-CARTWRIGHT CHARITABLE REMAINDER UNITRUST | 368,388,312,938 |
ROBERT J & RUTH WARNER CHARITABLE REM UNITRUST 623-011000307272 | 351,136,378,661 |
LILLIAN ZUCKERMAN CHARITABLE REMAINDER UNI TR UA 12301998 | 190,521,422,998 |
GRANT L & JANET M DUNLAP UNITRUST | 143,569,149,087 |
ELIZABETH A BRYAN CHARITABLE REMAINDER UNITRUST | 131,802,118,267 |
PATRICIA A MCDOWELL CHARITABLE REM TRUST | 111,982,114,176 |
R C AND KRIS R CURTIS CHARITABLE REMAINDER UNITRUST NO 1 | 107,465,101,178 |
Added later: See Randy Fox's research in the comment linked below.
Just imagine the size of the dumpster of the character who gets an 8% annual unitrust payment from a pile 15 times larger than Harvard's endowment!
Posted by: Keith Whitaker | July 28, 2011 at 01:12 PM
I was going to say, this is strange? Misinformation?
Posted by: Phil Cubeta | July 28, 2011 at 02:40 PM
Actually, i tracked the first two trusts, Metzger CRT and Culver CRT back to the IRS data. Metzger has about $726,000 and change and Culver has about $316,000 and change. The numbers you printed are some index control numbers not asset values. Sure that this is true for the rest of them
Randy Fox
Posted by: Randy Fox | July 29, 2011 at 09:09 AM
Thanks, Randy, my sanity is restored.
Posted by: Phil Cubeta | July 29, 2011 at 01:46 PM
Never sure of that Phil
Posted by: Randy Fox | August 04, 2011 at 10:40 AM
I spoke too soon, Randy. The doctor says, though, that with enough Thorazine I can come to work again.
Posted by: Phil Cubeta | August 04, 2011 at 11:21 AM