Question 58 of 75. 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 or a remainder interest, or both, from the trust. Uses this kind of trust to compensate employees of the charity Question 58 of 75. 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 or a remainder interest, or both, from the trust. O Uses this kind of trust to compensate employees of the charity. Question 58 of 75. 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 O is entitled to either an income interest or a remainder interest, or both, from the trust. Uses this kind of trust to compensate employees of the charity