ACGA Lowers Suggested Gift Annuity Rates and Investment Assumptions

ACGA Lowers Suggested Gift Annuity Rates and Investment Assumptions

News story posted in Charitable Gift Annuity on 30 December 2008| comments
audience: National Publication | last updated: 18 May 2011
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Summary

According to an online report by the Chronicle on Philanthropy, the American Council on Gift Annuities on December 29th voted to urge charities that issue charitable gift annuities to lower both the annuity rates they pay annuitants and the amount of interest that assets in gift annuities are expected to earn annually.

Full Story:

The report is available currently on the Chronicle on Philanthropy's website at:

http://philanthropy.com/news/updates/index.php?id=6659

The ACGA's complete summary of recommendations will be published as soon as they become available.

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