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The T1 Trust's goal is to provide mainline excursion service. The T1 Trust's cost estimate to build T1 number 5550 is $10 million, with an expected completion date of 2030 [ 3 ] (This total has since been reduced to a bit more than $7 million, as a used PRR long haul tender has been acquired in lieu of new construction).
Pennsylvania Railroad 5550 (PRR 5550) is a mainline duplex drive steam locomotive under construction in the United States. With an estimated completion by 2030, the locomotive will become the 53rd example of the Pennsylvania Railroad's T1 steam locomotive class and the only operational locomotive of its type, [7] as well as the largest steam locomotive built in the United States since 1952.
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A donation is a gift for charity, humanitarian aid, or to benefit a cause. A donation may take various forms, including money, alms, services, or goods such as clothing, toys, food, or vehicles. A donation may satisfy medical needs such as blood or organs for transplant. Charitable donations of goods or services are also called gifts in kind. [1]
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A Section 664 trust makes payments either of a fixed amount (charitable remainder annuity trust) or a percentage of trust principal (charitable remainder unitrust), [15] to either the donor or another named beneficiary. If the trust qualifies under the IRS code, the donor may claim a charitable income tax deduction for their donation to the trust.
In philanthropy, donor intent is the purpose, sometimes publicly expressed, for which a philanthropist intends a charitable gift or bequest.Donor intent is most often expressed in gift restrictions, terms, or agreements between a donor and donee, but it may also be expressed separately in the words, actions, beliefs, and giving practices of a philanthropist.