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Start with a shared vocabulary.

These planning tools support internal discussion and general education. They are intentionally high level and should be reviewed for your organization before use.

Plain-language glossary

CRUT
Charitable remainder unitrust: an irrevocable trust structure that generally provides variable payments and a charitable remainder interest.
ILIT
Irrevocable life insurance trust: a separate trust commonly discussed in estate planning; legal and insurance advice are required.
CLT
Charitable lead trust: a trust that generally provides a charitable interest for a period before remaining assets pass to other beneficiaries.
Qualified charitable distribution
A direct distribution from an eligible IRA to an eligible charity, subject to current law and individual eligibility.
Bequest
A gift directed through a will or estate plan.
Beneficiary designation
An instruction naming who or what receives an account or policy benefit, subject to plan terms and applicable law.

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Board briefing template

A future downloadable briefing will cover purpose, boundaries, governance questions, related-party diligence, and launch approvals.

Use the board checklist