Data Tag: AM.CH/1

Data Format: 2(A/N)

Required field.

Links an account to a charitable trust type. This code is very important since it determines the type of processing the system performs for the account.

Accepts any code that is defined in Table CHA (Charitable Trust Type).

Data Tag: AM.CH/2

Data Format: 10(A/N)

Optional field.

Defines the maximum number of years in the charitable trust term.

Accepts up to 10 alphanumeric characters.

Default is none.

Data Tag: AM.CH/3

Data Format: 1(A)

Optional field.

Identifies the status of the charitable trust account. Accepts one of the following values:

F First beneficiary

S Successor beneficiary

Data Tag: AM.CH/4

Data Format: 2(N)

Optional field.

Identifies the number of primary beneficiaries for the trust.

Data Tag: AM.CH/5

Data Format: 2(N)

Optional field.

Identifies the number of successor beneficiaries for the trust.

Data Tag: AM.CH/6

Data Format: 3.4(N)

This field is required for CRT processing.

Defines the pay out percentage for the charitable trust. The system uses this constant rate to calculate the annual required payment.

Accepts a percentage value between 1 and 100.

Data Tag: AM.CH/7

Data Format: (MM/DD)

This field is required for CRT remittance processing.

Defines the date of the first scheduled remittance of the year for the account. Enter the date in one of the following formats:

mm/dd or mm/END

If the payment occurs at month-end, enter mm/END in field CH/7 and in field RM/1 in the remittance block. When the date in field CH/7 is cycled to see if it coincides with the remittance date, the END will adjust for each month-end.

Data Tag: AM.CH/8

Data Format: Determines the frequency for the remittance payments. Accepts one of the following values:

M Monthly

B Bi-Monthly

Q Quarterly

S Semi-Annual

A Annual

This field and field CH/7 (First Payment Date of Year) identify the payment information but do not cause the remittance to generate. The system cross-checks these fields against the remittances to make sure that the remittances are set for the appropriate pay period.

Data Tag: AM.CH/9

Data Format: (MM/DD)

This field is required for CRT/CLT processing.

Determines when the account is included in the manual or agenda task for CHEND (Charitable Year-End).

This is the same as the year-end date of the account. If this date falls within the date range requested in CHEND, the system includes the account.

Data Tag: AM.CH/10

Choose from Pay Deficiency At Year End

Determines whether periodic and life-to-date deficiencies are made up at each payment or only in the final payment for the year.

Y Make up deficiency at year-end

N Make up deficiency at each payment

Entering N in this field allows for a steady income stream during the year. This field is optional.

Data Tag: AM.CH/11

Choose from Effective Date Indicator

Optional field.

Causes the last occurrence of the remittance for the year to be effective dated to the month-end date of the previous year. Accepts one of the following values:

Y The effective date of the last remittance for the year is the month-end date of the previous year

N The effective date of all remittances is the actual posting date

For example, if this field is set to Y in an account with a calendar year-end, a remittance paid in January but taxable in the previous year will post with an effective date of 12/31. It will be included in the balances for the previous year when the year-end function calculates new market values. It will be compared to the deficiencies for the previous year to determine the correct payment amount.

Data Tag: AM.CH/12

Data Format: Optional field.

Identifies the date for the FLIP provision in the charitable trust.

Data Tag: AM.CH/13

Data Format: 32(A/N)

Optional field.

Describes the FLIP provision.

Data Tag: AM.CH/14

Data Format: 1(A/N)

Information only.

Identifies the type of FASB restriction for the account.

Accepts any code that is defined in Table 260 (FASB Restriction Type).

Data Tag: AM.CH/15

Choose from Calculate Odd Year End Payment

Specifies whether to calculate an odd amount for the final year end remittance when using function CHRRM (Charitable Trust Resolve Remittance) or corresponding agenda task CHRR.

Default is N.

Data Tag: AM.CH/20

Data Format: 99 lines/10(A/N)-3.3(N)

Identifies interested party numbers and the percentage of entitlement for first recipients.

Accepts responses in the format interested party number hyphen percentage.

NOTE: Valid tax ID numbers must be on file for all interested parties entered and the total of all entered percentages must equal 100%.

Duplicate interested party numbers not permitted.

Default is none.

Data Tag: AM.CH/21

Data Format: 99 lines/10(A/N)-3.3(N)

Identifies interested party numbers and the percentage of entitlement for successor recipients.

Accepts responses in the format interested party number hyphen percentage.

NOTE: Valid tax ID numbers must be on file for all interested parties entered and the total of all entered percentages must equal 100%.

Duplicate interested party numbers not permitted.

Default is none.

Data Tag: AM.CH/22

Data Format: 99 lines/10(A/N)-3.3(N)

Identifies interested party numbers and the percentage of entitlement for contingent recipients.

Accepts responses in the format interested party number hyphen percentage.

NOTE: Valid tax ID numbers must be on file for all interested parties entered and the total of all entered percentages must equal 100%.

Duplicate interested party numbers not permitted.

Default is none.

Chicago Clearing Corporation Interface (CCC) Group

Account Master

Chicago Clearing Corporation Interface Group[*]

Field

Name/Format

Description