Oh, do check about the donations from principle. Trusts and Estates do not get an income tax deduction for donations from principal, only from income. And that is taxable income, not necessarily trust accounting income. See I.R.C. 642(c) -- https://www.law.cornell.edu/uscode/text/26/642
This is a super complicated area. You really should get the professional advice of a CPA, EA, or tax attorney. Especially if the amounts are large.
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