CGA Flow Chart

Charitable Gift Annuities

Our experience covers the administration of more than 100 charitable gift annuity programs (CGAs) both large and small.  Our services specifically for CGAs include:

  • Illustrations for potential donors showing tax deduction, annuity payments and other benefits
  • Gift annuity agreements and detailed calculations for gifts made to your organization
  • Processing of gifts by contract
  • Processing of terminations by contract
  • Production of annuity distribution checks (or dummy check registers for organizations that produce their own checks) on a periodic basis as specified in contract to be mailed approximately three days prior to due date
  • Annual valuation to determine legal reserve requirement
  • Periodic transfer of reserve based upon established policy
  • Annual Insurance Commissioner reports
  • Annual tax information for annuitants mailed by January 31st