AMERICAN COUNCIL ON GIFT ANNUITIES

Suggested maximum rates are structured to ensure a minimum charitable deduction of 10% of the funding amount at all annuitant ages, based on the prevailing Charitable Federal Mid-Term Rate (CFMR), and align with IRS guidelines for tax deductions. This ensures legal compliance and promotes trust in gift annuity programs.

Commits to building a diverse and inclusive Board of Directors and organizational culture through inclusive search processes, welcoming spaces for all perspectives, and regular assessment of DEI efforts, reflecting the diversity of members, partners, and the broader philanthropic community.

Commits to building a diverse and inclusive Board of Directors and organizational culture through inclusive search processes, welcoming spaces for diverse perspectives, and regular assessment of DEI efforts, ensuring representation across member organizations, partners, and the broader philanthropic community.

Commits to building a diverse and inclusive Board of Directors and organizational culture by implementing inclusive search practices, welcoming diverse perspectives, and regularly assessing DEI progress across all levels of engagement.

The organization supports the use of deferred and flexible charitable gift annuities, including those funded by IRA assets, to increase donor accessibility and flexibility. These tools allow donors to delay income payments while securing immediate tax benefits and supporting charitable causes.

Advocates for and provides guidance on various gift annuity structures—including deferred, flexible, and IRA-funded annuities—that enhance donor appeal by offering tax advantages (e.g., immediate deductions, use of IRA assets after age 70½) and income flexibility, thereby increasing the accessibility and attractiveness of planned giving.

Provides detailed information on state-specific statutes and regulatory requirements for charitable gift annuities, promoting compliance and uniformity across jurisdictions. Also advocates for favorable legislation and monitors regulatory changes.

Conducts surveys and research on donor motivations and experiences with charitable gift annuities to inform best practices, strengthen the field, and improve program effectiveness across member organizations.

Conducts donor research and provides educational resources, regulatory guidance, and state-specific compliance information to support charities in administering transparent, compliant, and effective charitable gift annuity programs, while also advising on federal and state legislative developments.

Provides data, research, and regulatory guidance to strengthen charitable gift annuity programs, including state-specific legal requirements, IRA-funded annuity options, deferred and flexible annuity structures, and donor behavior insights through surveys and statistical reports.

The organization establishes suggested maximum payout rates for charitable gift annuities using actuarial analysis, mortality assumptions (45% Male/55% Female blend under the 2012 IAR table), a projected gross investment return of 5.75%, and annual expense assumptions of 1%. Rates are designed so that the residual gift to charity equals 50% of the original contribution, ensuring long-term sustainability and consistency across programs.

The organization establishes suggested maximum payout rates for charitable gift annuities using actuarial analysis, mortality assumptions (45% male/55% female blend under the 2012 IAR table), projected investment returns (5.75%), expense assumptions (1% annually), and a target residual gift of 50% of the original contribution. Rates are also calibrated to ensure a minimum 10% charitable deduction at all ages based on the prevailing Charitable Federal Mid-Term Rate.

The organization establishes suggested maximum payout rates for charitable gift annuities using a rules-based financial model that targets a 50% residual gift to charity, informed by actuarial analysis of life expectancy, investment return assumptions (5.75%), expense assumptions (1%), and mortality tables (45% male/55% female blend from 2012 IART). Rates are also adjusted to ensure compliance with tax regulations, including a minimum 10% charitable deduction and a 20% minimum present value for younger annuitants.