IRS Issues Tax Stats on Split-Interest Trusts

Snapshot of Split Interest Trust Data

Split-interest trusts make distributions to both charitable and noncharitable beneficiaries, while providing tax benefits to their donor. All split-interest trusts must annually file Form 5227, Split-Interest Trust Information Return, to report financial activity and determine if they should be treated as a private foundation. Based on the method and timing of distributions, split-interest trusts are divided into the following four categories:

• Charitable remainder annuity trusts - distribute income in a series of fixed payments to one or more noncharitable beneficiaries for a defined period of time, after which the remaining value of the trust is transferred to a charitable beneficiary.
• Charitable remainder unitrusts - distribute a percentage of the fair market value to one or more noncharitable beneficiaries for a defined period of time, after which remaining value of the trust is transferred to a charitable beneficiary.
• Charitable lead trusts - distribute a sequence of payments to a charitable beneficiary for a period of time, after which the remaining trust assets are transferred to a noncharitable beneficiary.
• Pooled income funds - allow donors to donate assets to a charity. The pooled assets are invested as a group and each donor receives income based on the ratio of his or her contribution to the total value of the investment pool. After the death of the donor, his or her prorated share of the investment pool is withdrawn and given to the charitable organization.

For information about selected terms and concepts, a description of the data sources and limitations, and links to recent revisions of Form 5227, please visit Split Interest Trust Study Metadata.

Statistical Tables Publications and Papers Other IRS Data

Statistical Tables

The following tables are available as Microsoft Excel® files. A free Excel viewer is available for download, if needed.

Charitable Remainder Annuity Trusts: 

• Income and Deduction Information
• Accumulation and Distribution Information
• Book Value Balance Sheet Information

Charitable Remainder Unitrusts:

• Income and Deduction Information
• Accumulation and Distribution Information
• Book Value Balance Sheet Information
• Fair Market Value Balance Sheet Information

Charitable Lead Trusts:

• Income and Deduction Information
• Book Value Balance Sheet Information

Pooled Income Funds:

• Income and Deduction Information
• Book Value Balance Sheet Information 
  
   

Publications Publications and Papers

The following are available as PDF files.  A free Adobe® reader is available for download, if needed.

• Split-Interest Trusts
       2009     2008     2007     2006     2005     2004     2002     2001     2000
   
• Charitable Remainder Trusts
       1999     1998
   
• Taxing Charity: Linking Income Tax Returns to Samples of Nonexempt Charitable and Charitable Remainder Trust Returns
   
• Compendium of Studies of Tax-Exempt Organizations 
  (Publication 1416)

Other SOI Data on Trusts

Certain nonexempt charitable trusts are also annually required to file Form 990-PF, Return of Private Foundation (or Section 4947(a)(1) Charitable Trust Treated as a Private Foundation).  Form 1041 is the income tax return filed by fiduciaries to report income, distributions, and tax liability of estates and trusts.

Other IRS Data and Related Links

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