Women's philanthropy expert Debra Mesch has been selected to hold the world's first endowed chair dedicated to research and teaching about women's philanthropy.
Suggested CGA Rates Remain Unchanged as of April 2015
FOR IMMEDIATE RELEASE
April 17, 2015
At its semiannual meeting on April 13, 2015, the Board of Directors of the American Council on Gift Annuities (ACGA) reaffirmed the existing schedule of suggested maximum rates for charitable gift annuities which was originally published on January 1, 2012. As part of its ongoing review process, the Rates Committee of the ACGA monitors interest rates that underlie the investment return assumptions used to create the rate schedules. The Committee also recently completed a study with its consulting actuaries, The Hay Group, to update its gift annuitant mortality assumptions in terms of the recently issued 2012 Individual Annuity Reserving (2012 IAR) Mortality Table. The Committee plans to reissue its Rates Paper to reflect the updated mortality assumptions later this spring. For more detailed information about our suggested gift annuity rates, please visit the gift annuity rates section of our website.
David Libengood
ACGA Rates Committee
April 17, 2015
At its semiannual meeting on April 13, 2015, the Board of Directors of the American Council on Gift Annuities (ACGA) reaffirmed the existing schedule of suggested maximum rates for charitable gift annuities which was originally published on January 1, 2012. As part of its ongoing review process, the Rates Committee of the ACGA monitors interest rates that underlie the investment return assumptions used to create the rate schedules. The Committee also recently completed a study with its consulting actuaries, The Hay Group, to update its gift annuitant mortality assumptions in terms of the recently issued 2012 Individual Annuity Reserving (2012 IAR) Mortality Table. The Committee plans to reissue its Rates Paper to reflect the updated mortality assumptions later this spring. For more detailed information about our suggested gift annuity rates, please visit the gift annuity rates section of our website.
David Libengood
ACGA Rates Committee
The 5 Types of Legacy Society Names
Would a donor rather be a member of the Old Main Society or the New Century Society? The Willow Society or the Golden Oaks? Or maybe the Order of the Golden Shillelagh?
New Nonprofit Backs Permanent Charitable IRA Legislation
FOR IMMEDIATE RELEASE
March 31, 2015
(Washington, D.C.) A group of national leaders in planned giving and philanthropy have formed the Charitable IRA Initiative, a 501(c)(4) nonprofit organization with the sole purpose of encouraging members of the U.S. Congress and the president to enact permanent legislation enabling owners of IRAs to transfer their IRA assets to American charities. IRA rollovers could be outright gifts up to $100,000 per year or life-income agreements up to $500,000/year. There are no income taxes on IRA charitable rollovers.
March 31, 2015
(Washington, D.C.) A group of national leaders in planned giving and philanthropy have formed the Charitable IRA Initiative, a 501(c)(4) nonprofit organization with the sole purpose of encouraging members of the U.S. Congress and the president to enact permanent legislation enabling owners of IRAs to transfer their IRA assets to American charities. IRA rollovers could be outright gifts up to $100,000 per year or life-income agreements up to $500,000/year. There are no income taxes on IRA charitable rollovers.
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