The donor receives an income stream from the trust for a term of years or for life, and the named charitable beneficiary receives the remaining trust assets at the end of the trust term. (schwabcharitable.org)
Buffet said the performance of the funds of hedge funds leaves «no doubt that Girls Inc. of Omaha, the charitable beneficiary I designated to get any bet winnings I earned, will be the organization eagerly opening the mail next January.» (businessinsider.com)
Lagos donated $ 1,000 back to the two charitable beneficiaries. (remonline.com)