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Archive for February, 1997

Scholarships Established With Charitable Annuity Trust

Posted February 1st, 1997

Although the small, liberal arts college named as beneficiary by one of its alumna prefers anonymity, the evolution of the gift tells a story worth repeating The donor: A 1952 graduate of the college who is now age 66. The gift: A $262,500 charitable remainder annuity trust funded with stock the donor purchased for $250. …Read More

Suggested Gift Annuity Rates Revised

Posted February 1st, 1997

Since 1927, the American Council on Gift Annuities has periodically published suggested gift annuity rates. Traditionally, the Council has retained the services of an actuary to review the fiscal soundness of suggested gift annuity rates every 3 years. Adjustments, when deemed necessary, have usually been made at those intervals. Recent history Following that pattern the …Read More

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