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How are gift annuity rates determined?

April 26, 2017Annuity gift rates

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How are gift annuity rates determined?

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All charities are free to set the rates they offer, as long as the rates comply with any applicable state regulations. Generally, charities choose to follow the schedule of recommended maximum rates published by the American Council on Gift Annuities (ACGA). The ACGA is a non-profit organization that provides education and other services to charities regarding gift annuities and other forms of planned gifts. Allegheny follows the ACGA rates. The ACGA-recommended rates change from time to time, based on a variety of economic factors. (Any changes would affect only annuities established after the rate change was recommended.) To learn more about charitable gift annuities, please check our Web site here or contact Melissa Mencotti at 814-332-5912 or at melissa.mencotti@allegheny.edu.