Mark for follow up Question 4 of 15. Which of the following accurately describes a charitable trust? A charitable organization: Funds the trust with property that produces tax-exempt income for the charity. Funds the trust and is entitled to tax-exempt income at a later date, specified in the trust document. Is entitled to either an income interest, a remainder interest, or both from the trust Uses this kind of trust to compensate employees of the charity. Mark for follow up Save/Return Later