Mutual fund IRA owner’s beneficiary on the account was a charitable trust. Assets were transferred out of the IRA to the new charitable trust account.

1) Since the mutual funds were not redeemed, no 1099-R was generated. Is this what should have happened?

2) If so, shouldn’t the new charitable trust account’s funds have a cost basis on their shares as of the IRA owner’s date of death?

Please advise. Thank you very much.