A Word from the President - May 2025 |
News |
Written by Phil Purcell, MPA/JD - ACGA President |
Spring is always a busy time of year but this…oh yes, this year… it is even busier than normal. Why? In addition to the regular interest in charitable gift annuities spurred by the individual tax season, we have had fluctuations in the stock markets making fixed income payments more attractive to many risk-averse seniors. ACGA is here for all your charitable gift annuity needs, so you can convert more conversations into gifts. Do the swings in the market have you wondering about CGA rates? The Council continues to believe that the current Suggested Rates are appropriate given existing market conditions. ACGA member organizations and their donors can rest assured that the Council closely monitors market conditions and will change rates as necessary to provide Suggested Maximum Payout Rates that are attractive to both the annuitant and the issuing charity. One way we can maintain such a long-term view of the charitable gift annuity market is our quadrennial survey. This longitudinal survey is the most enduring in our sector, going back over 30 years! Please help us keep this integral research going by returning your survey today. Even if you are finding yourself eating lunch at your desk most days and returning emails while watching your favorite kiddo round the bases on the baseball field, make time to join ACGA, David Libengood and Larry Katzenstein on Wednesday, June 11 at 12:00pm ET for a free member webinar: How Donors Compare CGAs to Commercial Annuities. The session will provide an overview of these two very popular financial products while offering 1 CFRE credit or 1 CFP contact hour credit. It is a don’t miss session!
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Last Updated on Thursday, May 08, 2025 11:41 AM |