Below is an outline of our Charitable Gift Annuity Administration:

Administrative Procedure Review for Best Practices

  • Meet with development staff to establish goals, objectives and administrative strategies.
  • Track state annuity requirements and assist client in ensuring that new and existing contracts are compliant.
  • Assist in the development of state specific annuity contracts and other relevant documentation, including appropriate administrative forms.
  • Provide assistance with state registration and filing requirements.
  • Support your staff by responding to tax and legal inquiries.
  • Advise marketing material development to target educated donors.
  • Respond to donor inquiries if requested and provide illustrative calculations for possible gift scenarios.

Comprehensive Regulation and Tax Services

  • Establish CGA administrative pools for efficient monitoring and payment management.
  • Maintain complete, accurate and confidential records for donors and other annuitants.
  • Complete all CGA administration reports.
    • FASB 116 and 117
    • Liability Reporting
    • Calculation of reserve requirement
    • Gifting and administrative summaries of CGA contracts and annuity payments.
  • Create IRS Form 1099R for each annuitant
    • Prepare an administrative summary of all forms issued.
  • Detail ratable share accounting for gift annuity investment pool
  • Provide periodic reserve and trust accounting reports.

Technical Advisement and Consultation

  • Provide advisory services on planned gifts including:
    • Calculations
    • Illustrations
    • Consultation based on donor-specific information
  • Evaluate existing procedures and develop appropriate gift acceptance policies
  • Identify state registration and reporting requirements for CGA’s.
  • Present samples of CGA agreements
  • Serve as external consulting support to the development staff

Customized Services

  • Annuity payments delivered by check or ACH
  • Checks delivered two days in advance of contract date
  • Checks can be customized
  • Bulk delivery of checks or individual mailings using nonprofit’s stationary

Fee Schedule

  • Set-Up Fee – $50 per Gift Annuity

Annual Administration

No. of CGA Annual Fee
1- 5 $1,000
6-10 $1,500
11-25 $2,000
26-50 $2,500
51-75 $3,000
76-100 $3,500
100+ Call for Pricing

For questions or to discuss the next steps to develop your nonprofit, contact Brad Kadelski at: