CRAT meaning in Accounts and Finance ?

Answer:

What is Charitable Remainder Annuity Trust mean?

A Charitable Remainder Annuity Trust (CRAT) is a Planned Giving vehicle that entails a donor placing a major gift of cash or property into a trust. The trust then pays a fixed amount of income each year to the donor or the donor's specified beneficiary. When the donor dies, the remainder of the trust is transferred to the charity.

Charitable trusts such as a CRAT require a trustee. Sometimes the charity is named as trustee, other times it is a third party such as an attorney, a bank or a financial advisor.

reference

Full Form	Category
Charitable Remainder Annuity Trust	Accounts and Finance
Capital Region Action Team	Community
Cyber Risk Assessment Tool	Computing
Can't Remember A Time	Computing
Crystal Research and Technology	General
Centre Régional Africain de Technologie	International
Certified Rhythm Analysis Technician	Jobs
Certified Rational Addictions Therapist	Jobs
Clinical Research Associates of Tidewater	Medical