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*If you would like The University of North Carolina at Chapel Hill Foundation, Inc. to serve as trustee, the trust must abide by the following requirements. The University of North Carolina at Chapel Hill Foundation, Inc. requires a minimum funding level of $100,000 for Charitable Remainder Unitrust. All income beneficiaries of CRTs whose standard payments begin immediately must be 50 years of age or older, depending on the current market conditions and the remainder calculations at the time the CRT is funded. The maximum number of income beneficiaries is two unless the combined life expectancy of more than two beneficiaries is no more than the life expectancy of a 50 year-old. If you have charitable interests other than the University and wish for the Foundation to serve as trustee, it can do so as long as at least 51% of the remainder is irrevocably designated for the benefit of the University and/or the University's affiliated foundations.
OFFICE OF UNIVERSITY DEVELOPMENT
PO Box 309
Chapel Hill, NC 27514-0309