Trust Administration
A team of six Trust Administrators manages an array of charitable gift contracts. Foundation trust administrators are measured and certified by industry standards. These standards include:
- Certified Trust and Financial Advisors (CTFA)
- Certified Public Accountants (CPA)
- Certified Fund Raising Executives (CFRE)
- Certified Development Executives (CDE)
Several of the administrators also hold a Master in Business Administration (MBA) degree.
Schedule of Trust Administration Activities
Custodial Accounts
- Statements mailed on the 15th of the following month depending on frequency (monthly, quarterly, etc.).
- Direct deposit made on payment date; check mailed on payment date.
Trusts
- Statements mailed quarterly on the 15th of the following month.
- Form Schedule K1 mailed by February 28th following the preparation of trust tax return.
Gift Annuity IRS Form 1099R mailed on or before January 31.
Pooled Income Fund Form Schedule K1 mailed on or before January 31.
Trust, custodial, and endowment fund trades (buy or sell assets) placed on the last day of the month.
All gifted assets liquidated immediately.
Links to Common Forms
Mail to:
Gift Processing - 2nd Floor
The LCMS Foundation
1333 S. Kirkwood Rd.
St. Louis, MO 63122 |
