Why Use An Asset to Give a Gift?
Which of the following might be good reasons for a donor to use an asset to make a major gift to your organization?
Which of the following might be good reasons for a donor to use an asset to make a major gift to your organization?
PLEASE NOTE: This is only a sample, and is presented as such for your reference. It should not be reproduced.
THIS GIFT AGREEMENT is entered into this _______ day of ____________, 20__, between _____________________ (the “Donor”) whose current primary address is _______________________, and _______________________, a tax exempt, non-profit organization located in ______________, ________________(the “Charity”).
PLEASE NOTE: This is only a sample, and is presented as such for your reference. It is not to be reproduced.
THIS GIFT AGREEMENT is entered into this _______ day of ____________, 20__, between _________________________ (the “Donor”) whose current primary address is ___________________________, and __________________________, a tax exempt, non-profit organization located in ______________, _________________(the “Charity”).
Gift agreements should be a critical part of your major gifts program. They prevent misunderstandings and are a wonderful way to show your donor how important they are to your organization.
(Scroll down for the question)
Expressed as equations, they look like this:
The Older the beneficiaries/annuitants, and the Fewer beneficiaries or annuitants, and the Lower the payout rate, the Bigger the overall tax benefits.
The Question: When a Charitable Gift Annuity (CGA) is established, what are the critical factors in calculating the annuity payment?
All life-income gifts share a set of key characteristics. Which of the following are true?
It is possible for your organization to receive a testamentary gift even if the donor does not have a will.
Layla Middleton is a loyal supporter of your organization. At 55, she owns her own business and throws a huge amount of energy into her work. She's single, no kids. You've asked her for a major gift, but she's been hesitant. What's a good way forward?
Which of the below is the key factor (hopefully listed in your organization's gift acceptance policy) that must be satisfied before you have further conversations with the donor?