1 / 8

Dr. Scott Janney, CFRE, RFC Executive Director of Planned Giving Villanova University

Options Choices and Flexible Payments: The Gift Annuities Your Donors Want. The St. Louis Planned Giving Council. Dr. Scott Janney, CFRE, RFC Executive Director of Planned Giving Villanova University. CRT Its own entity

lenka
Download Presentation

Dr. Scott Janney, CFRE, RFC Executive Director of Planned Giving Villanova University

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Options Choices and Flexible Payments: The Gift Annuities Your Donors Want The St. Louis Planned Giving Council Dr. Scott Janney, CFRE, RFC Executive Director of Planned Giving Villanova University

  2. CRT Its own entity Choice between fixed dollar amount (Annuity Trust) or a fixed percentage rate (Unitrust) 5% Min, various rates Usually requires a high gift amount Income Taxed: WI/FO CGA A simple contract Guaranteed by charity’s assets Offers fixed dollar amount only Maximum rates suggested by ACGA Lower gift amount Income: Fixed Schedule Charitable Remainder Trust vs. Charitable Gift Annuity

  3. The Tried-and-True Gift Annuity Good for the Donor • Good for the Charity “All Annuitants Are Women and They Lie About Their Age”

  4. Gift Annuities: • Immediate Gift Annuities Deferred Gift Annuities • Flexible Gift Annuities

  5. Flexible Gift Annuities Who likes them? • Repeat Offenders • Physicians / Professionals • Business Owners

  6. A 60 Year-Old Donor Funds a $10,000 Gift Annuity on 9/30/10 CGA DGA FGA First Payment: 12/31/2010 Rate: 5.2% Tax Deduction: $1,979 Annuity: $520 12/31/2011 5.4% $2,166 $540 12/31/2011 5.4% $2,166 $540 12/31/2012 5.8% $2,166 $580 12/31/2013 6.0% $2,166 $600 12/31/2014 6.4% $2,166 $640 12/31/2015 6.9% $2,166 $690 12/31/2016 7.2% $2,166 $720 12/31/2017 7.6% $2,166 $760 A Flexible Gift Annuity is a Gift Annuity with a Flexible Deferral Date; it gives the donor a valuable choice.

  7. Other Gift Annuity Options: • A Gift for Your Parent(s) • A Gift for your Wife • Gift Annuity Funded with RLE • A Gift for Your Child or Grandchild aka The “College Tuition Gift Annuity” Not Just for Relatives

  8. THANK YOU! Options Choices and Flexible Payments: The Gift Annuities Your Donors Want Dr. Scott Janney, CFRE, RFC Villanova University

More Related