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Suggested Maximum Gift Annuity Rates

The suggested maximum gift annuity rates developed and monitored by the ACGA are the industry standard and are followed by about 97% of charitable organizations nationwide.

Monitoring State Regulations

The ACGA monitors and responds to state gift annuity regulatory issues that arise from time to time. Your ACGA membership underscores your commitment to ethics, accountability and appropriate consumer protection for your donors, adding credibility to your donor relationship and your organization’s gift annuity program.

Research

The gift annuity surveys conducted by ACGA are the best source of information about charitable gift annuity policies, practices and trends. The surveys include questions related to gifts, annuitants, administration and investments.

35th Conference

Join us in Louisville, April 20-22, 2022, for the longest running gift planning conference in the industry.

How to Join or Support the ACGA

Unique to the gift planning community, the American Council on Gift Annuities (ACGA) suggests maximum charitable gift annuity rates, monitors state regulations especially as they pertain to charitable gift annuities and provides education on CGAs as well as broader gift planning.  Through these activities and more we support and advance responsible philanthropy that benefits donors and charities.

Ways you can support the ACGA:

Rates Update

As of June 11, 2020

As part of a continuous monitoring process, the American Council on Gift Annuities (ACGA) Board of Directors held a meeting on May 7, 2020 and reviewed the current assumptions inherent in our gift annuity rate schedules.

The Board approved a decrease in the suggested maximum payout rates for charitable gift annuities. In general, the payout rates will be lowered by 0.4 to 0.5 percentage points, based on the annuitant(s) age(s) (e.g., payout reduction of $40 to $50 on a $10,000 donation).

These new rates will become effective on July 1, 2020.

IRS Discount Rates

Month Rate
November 2020 0.4%
October2020 0.4%
September 2020 0.4%
August 2020 0.4%

 

When computing the deduction for a gift annuity (and many other planned gifts), one can use the IRS discount rate for the month of the gift or either of the two prior months. The rate for the upcoming month typically is announced around the 20th of the previous month.

Click here to view past IRS discount rates. 

Latest News

Marketing Gift Annuities via the Web

  • October 02 - 2020

As many non-profit organizations have switched to remote and work from home options due to the pandemic, staying in touch with supporters and continuing fundraising efforts in new ways has become even more important. Many organizations have put in place travel restrictions, restrictions on...

ACGA Member Questions and Answers

  • October 02 - 2020

At the American Council on Gift Annuities (ACGA), we receive a wide variety of questions from our members on a regular basis. Some of the questions are around state regulations and many of the questions surround our suggested maximum gift annuity payout rates. We often get questions around best...

Four Things to Consider When Expanding Your Gift Annuity Reach

  • October 02 - 2020

Organizations offering charitable gifts annuities (CGAs) are often familiar with the gift annuity regulations in their home state. Many organizations spend years building a donor base in the area surrounding their location. As that comfort level grows, an organization may wish to explore expanding...

Do Gift Annuities Still Appeal to Donors

  • October 02 - 2020

The ACGA’s suggested gift annuity rates, which became effective July 1, 2020, are the lowest they have been since the ACGA and its predecessor organization, the Committee on Gift Annuities, starting recommending them in 1927.  Suppose, for example, that in May of 2019 a donor, age 74 at the...

A Word from the President - October 2020

  • October 02 - 2020

Here we are approaching fall, and the season of Thanksgiving where we remember all the many things for which we have to be thankful.  One of the things I’m grateful for at the ACGA is that we get mail.  Well, to be honest, we mostly get email, phone calls and voicemail, but...

Philanthropy in Transformational Times

  • May 01 - 2020

Robert F. Sharpe, Jr. summarized and addressed the unprecedented combination of challenges now facing the philanthropic sector at the 34th ACGA Conference.  Robert revealed a number of lessons learned from decades of experience helping nonprofits effectively cope with difficult...

About the ACGA

  • Our Mission, Vision and History

    Our Mission

    The ACGA’s mission is to foster the success of charitable gift annuity programs at charities nationwide through the promulgation of suggested maximum gift annuity rates, education, research, monitoring state regulations, advocacy, and other activities that promote good gifts for nonprofits and their donors.

    Our Vision

    The American Council on Gift Annuities is the premier resource for charitable gift annuity program success.

    Our History

    The ACGA, formerly the Committee on Gift Annuities, was formed in 1927 for the purpose of providing educational and other services to American charities regarding gift annuities and other forms of planned gifts.  The focus was “to study and recommend the proper range of rates, the forms of contracts, the amount and type of reserve funds and the nomenclature to be used, to ascertain and advise as to the legislation in the United States and the various states regarding [charitable gift] annuities, their taxability, etc.” to better assure the donor’s focus was on the charitable cause(s) to be supported by their gift, rather than the gift annuity payment rate being offered by charities competing for the gift. The first suggested gift annuity payout rates were adopted at the first Conference on Gift Annuities in April 1927.

  • Join the American Council on Gift Annuities

     Join Now        Join our mailing list


    Unique to the gift planning community, the American Council on Gift Annuities (ACGA) suggests maximum charitable gift annuity rates, monitors state regulations especially as they pertain to charitable gift annuities and provides education on CGAs as well as broader gift planning.  Through these activities and more we support and advance responsible philanthropy that benefits donors and charities.

    Your membership support is vital to advancing the ACGA’s mission of fostering the success of charitable gift annuity programs at charities nationwide and enabling our volunteer board of directors to continue the essential work we have been doing since 1927:

    • Suggesting maximum charitable gift annuity rates. The suggested maximum gift annuity rates developed and monitored by the ACGA are the industry standard and are followed by about 97% of charitable organizations nationwide.    Using rates developed by the ACGA, software vendors make these maximum suggested rates available to charities for convenient gift calculation.   The ACGA regularly reviews the financial and actuarial assumptions behind its suggested maximum gift annuity rates to ensure they are fiscally responsible for charities.
    • Offering vital professional development and networking opportunities. The ACGA brings together experts in the field of charitable giving to present on a range of topics at our renowned biennial planned giving conference. Attendees connect and collaborate with colleagues and allied professionals as they gain new insights about planned giving techniques, marketing and administration. (ACGA members enjoy a $200 discount on the conference registration!)
    • Monitoring state gift annuity regulation, legislation and appropriate consumer protection. The ACGA monitors and responds to state gift annuity regulatory issues that arise from time to time. Your ACGA membership underscores your commitment to ethics, accountability and appropriate consumer protection for your donors, adding credibility to your donor relationship and your organization’s gift annuity program.
    Read More
  • Board of Directors

    Executive Committee

    Locke
    President
    Rebecca Locke
    Executive Director, Gift Planning
    American Red Cross
    Decatur, GA
    http://www.redcross.org
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    President-elect

    Joseph O. Bull, J.D.
    Consultant
    Columbus, OH

    Hesseltine  
    VP, Development

    Renee V. Kurdzos
    Executive Director, Planned Giving
    Fred Hutchinson Cancer Research Center
    Seattle, WA
    http://www.fredhutch.org
    Armstrong  
    VP, Programs

    Dianne Armstrong, CFRE
    Vice President-Gift Planning
    Planned Parenthood Federation of America, Inc.
    New York, NY
    http://www.ppfa.org
    Thompkins  
    VP, Engagement

    Crystal Thompkins
    National Director, Gift Planning Services
    BNY Mellon Planned Giving
    Greensboro, NC
    http://www.bnymellon.com
    Ely
    VP, Rates & Regulations

    David G. Ely, CFA
    Portfolio Manager
    Brown Advisory
    Boston, MA
    http://www.brownadvisory.com
    McGowan
    VP, Finance & Investments

    Kevin P. McGowan
    Chief Financial Officer
    Catholic Extension Society
    Chicago, IL
    http://www.catholicextension.org
    SchultzJaarda
    VP, Research

    Kristen Jaarda, J.D.
    Sr. Vice President
    Crescendo Interactive, Inc.
    Camarillo, CA
    http://www.crescendointeractive.com/
    Libengood copy
    VP, Governance & Secretary
    David A. Libengood

    Chief Client Relationship Officer
    TIAA Kaspick
    Boston, MA
    http://www.kaspick.com
    Valentine L
    Immediate Past President

    Laurie W. Valentine, J.D.
    Fisher & Sauls, P.A.
    St. Petersburg, FL
    http://www.fishersauls.com
    Read More
  • ACGA Endowment Campaign - Securing the Future

    Make a Donation

    ACGAEndow

    Distinguished Record of Service

    Since 1927, ACGA has promoted responsible philanthropy across the United States, providing practical guidelines, safe practices, and ethical framework for non-profit organizations, professional development officers, and thoughtful donors. The primary focus has been on charitable gift annuities, a unique planning tool for the realization of personal, family and charitable goals. ACGA has worked to demystify the use of charitable gift annuities to the advantage of nonprofits and donors alike through the following activities:

    • ensuring sound financial assumptions as the basis for suggested charitable gift annuity rates
    • disseminating best practices for nonprofits offering charitable gift annuities
    • promoting the Philanthropy Protection Act of 1995
    • educating thousands of professionals engaged in gift planning
    • promoting the Model Standards of Practice for the Charitable Gift Planner
    • gathering data and conducting research
    • bridging the gap between regulatory agencies and charities
    • monitoring legislation of importance to the nonprofit sector
    Read More
  • The Frank D. Minton Leadership Initiatives

     Make a Donation 

    FMinton

    The ACGA has been a regular source for valuable content aimed at equipping both gift planners and their business office partners with information to help them assess the health of their gift planning programs and to strengthen them for the good of their organizations.

    In April 2016, the ACGA announced the establishment of the Frank D. Minton Leadership Initiatives, named for a pioneer of gift planning who continues to work to support organizations in their efforts to sustain gift planning programs that add financial value to their missions. The Initiatives will focus on providing content for individuals who are the decision makers for gift planning programs with respect to rates schedules used, investments strategy, asset allocation, assets to be accepted, types of vehicles offered, and managing outside service providers.

    Read More
  • The Terry L. Simmons Scholarship Fund

    Make a Donation 

    The American Council on Gift Annuities has established an endowment fund to assist promising gift planners with their professional development. The Terry L. Simmons Philanthropic Endowment Fund will provide scholarships to worthy individuals who would otherwise be unable to attend the biennial ACGA conference.

    On June 27, 2008 Lindsay Lapole and Frank Minton presented to Terry Simmons a plaque commemorating the establishment of an endowed philanthropic fund in Terry’s honor. Also present for the occasion were Terry’s wife Karen, his son, Adam, and his daughter, Shannon. His oldest son, Jordan, was unable to attend because of work responsibilities.

    Income from the fund will be used for grants to enable young gift planners to further their professional development by attending an ACGA conference.

    Read More

About the 2020 Conference

  • 2020 Conference Information
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    Partner Opportunities

    A few of our 2020 conference partner opportunities are still available!  We have restructured our partner opportunities to offer more options and time to engage with attendees.  Reserve your space today before the best opportunities are gone.

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    Conference Schedule, Speakers & Sessions

    Click here to view a finalized schedule and list of conference speakers and sessions.  For the more detailed Conference Program with session descriptions and speaker bios, click here. You can learn more about what general sessions we have planned here.

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    Conference Registration

    Conference registration is open.  Make sure your membership is current to take advantage of the member conference registration discount. Click here to learn more.

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    Conference Articles

    These articles contain information on the latest conference news and events including some of our sessions and speakers.

    terrysimmons

    Terry Simmons Scholarship Applications

    The ACGA has established an endowment fund to assist promising gift planners with their professional development. The Terry L. Simmons Philanthropic Endowment Fund provides scholarships to worthy individuals who would otherwise be unable to attend the conference.  The scholarship application process is closed.  The winners will be announced in our March newsletter.

  • Conference Partner Opportunities Now Available

    ConferencePartnerIt may seem early, but preparations are already underway for the 2020 ACGA Conference. We anticipate another well-attended conference, of both nonprofit staff and allied professionals.  We are excited to be back in Atlanta and expect to see many new attendees take advantage of the opportunity to combine attendance with donor visits to the area. There are a few key partnership opportunities available, including ways to feature your organization on the very popular conference app that debuted at the last conference.

    Read More
  • Conference Registration

    ACGA 34th Conference on Gift Planning

    ACGA 34th Conference on Gift Planning

    The ACGA is proud to have our Technology Partners:

    Crescendo Logo

     

    USLIT

     

    NOTE: NOTE: You will have an opportunity to view all of the sessions at your leisure for 6 months.  Click here to view a program schedule.  

    Digital Conference
    ACGA Members
    Non-Members
    $425
    $625

    Signup as a member to receive the discounted member registration.

    ACGA members need to login to register for the conference and receive the member discount.

    Event Details

    Event Start Date 04-20-2020 11:00 am ET
    Event End Date 04-22-2020 5:00 pm ET
    Registration Start Date 09-19-2019 9:00 am ET
    Cut off date 04-22-2020 4:30 pm ET
    Individual Price Digital Conference - ACGA Member: $425, Digital Conference - ACGA Non-Member: $625
    We are no longer accepting registration for this event