What are the charitable gift annuity payout rates?
Like most charities across the country, the Orange County Community Foundation has adopted the charitable gift annuity rates suggested by the American Council on Gift Annuities (ACGA). The charitable gift annuity rates established by the ACGA are based upon the assumption that fifty percent (50%) of the initial gift may remain for charity when the annuitant passes away. Generally, charitable gift annuity payout rates under this program can range from 4.8% to 11.3% depending upon your age. For more information about charitable gift annuities and/or the American Council on Gift Annuities, please click here (http://www.acga-web.org/).