Commonwealth Community Trust (Cct)

Description

• Commonwealth Community Trust (CCT) is a 501(c)(3) national nonprofit organization that administers affordable and efficient pooled special needs trusts for people with disabilities. CCT's mission is to provide affordable administration of Third-Party and First-Party Pooled Special Needs Trusts for people with disabilities while protecting his or her government benefits such as Supplemental Security Income (SSI) and Medicaid. CCT serves as the trust administrator, ensuring that disbursements are prompt and for the sole benefit of the Beneficiary.Founded in 1990 by parents who have a child with a disability along with concerned professionals, CCT is managed by a Board of Directors who serves with a caring heart and without compensation. Our volunteer Board of Directors is comprised of at least two members who are related to an individual with a disability, legal and financial professionals, and experts who work in the disabilities field.CCT staff members are knowledgeable about rules governing trusts for clients receiving Supplemental Security Income (SSI) and Medicaid in order to preserve these benefits. As of May 2016, CCT has served over 1,200 clients nationwide and manages more than $40 million in funded trusts.Benefits of Establishing a Pooled Special Needs Trust with Commonwealth Community Trust- 26 years of trust administration experience- Affordable, comprehensive services with low administration fees- Trustworthy and experienced staff- Knowledgeable about rules protecting Medicaid and SSI- Greater investment opportunities as the funds are pooled- Minimum of $5,000 to fund a trust- Prompt disbursements for the sole benefit of the Beneficiary- Sensitive to the needs of people living with a disability and their family members- Stability as a national nonprofit organization- Enrollment for Beneficiaries of any age- Work closely with attorneys and other professionals
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  Headquarters:Po Box 29408 , Richmond, Virginia, United States

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  Phone Number: +1 804-740-6930

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  Website: https://www.commonwealthcommunitytrust.org

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  Employees:14

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  Revenue:$1 - 10M

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  Legal Name:Commonwealth Community Trust (Cct)

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• |  NAICS Code: 621399  |

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