-->
Join Our Mailing List | IRS Discount Rate April 2017 2.6%

Search form

follow us on:
Facebook
LinkedIn
Twitter
Google Plus
RSS
Support Support

Gift Administration

Date-Of-Death Values for Charitable Gift Annuities

We frequently receive calls from our clients asking how to determine the date-of-death value for a charitable gift annuity (CGA). The value of a gift annuity upon the death of an annuitant seems to be an area of particular confusion.

FASB Liabilities and FASB 157 Fair Value Measurements - Mountains and Molehills

For gift planning offices at most not-for-profit organizations (NFPs), FASB accounting is the last thing on the list. Activities are geared towards bringing in new planned gifts, ongoing administration, and donor stewardship. The financial office asks for a FASB liability report once a year (at a few NFPs, once a quarter). Someone in the gift planning office runs off a new report using similar assumptions to the previous year. If there is an outside gift administrator, they can be asked to produce the report.

SALES 888-497-4970 SUPPORT 888-474-2252 HOME  |  CONTACT US  |  SITE MAP  |  PRIVACY STATEMENT