For Uniform Gift Annuity Rates we have a term and definition in Fundraising.

Uniform Gift Annuity Rates (Fundraising)

Rates which the Committee on Gift Annuities recommends for approval to the Conference on Gift Annuities. From the Green Book: "Those rates (which are the percentages multiplied by the amounts paid for the annuities to determine the annual amounts of annuity payments) have been computed to produce at the death of the annuitant(s) an average "residuum" gift to the organization of approximately 50 percent of the amount transferred by the donor." Nonprofits are not required to use the rates, but their use is highly recommended. See Charitable Gift Annuity. The rates are changed periodically to reflect actuarial mortality experience and income potential on reserves invested to pay the annuities.

Similar

Browse words that start with:

• Un
• Uni
• Unif
• Unifo

Browse All Terms by First Letter

Term Search