PG Calc

August IRS Discount Rate: 5.2%
Read this month's eRate newsletter:
* Featured Article: Reading the Tea Leaves in Giving USA’s 2024 Report on Philanthropy
* Quick Tip: Clearing Cache Clears Away Problems
* From the Blog: Medaling Mortality Tables - Gold, Silver and Bronze Choices for FASB
* Things We Are Following: New Iowa Law Establishes Favorable Death Benefit Recovery Rules
* GiftWrap Release Includes Numerous Improvements
* Updated NY Max Annuity Rates Not Yet Available, But Should Not Be a Concern
* New Chapter for PG Calc Gift Administration
* BatchCalcs Give Away at Boston Training August 14-15
* The Society of the Little Flower Finds PG Calc’s Marketing Services Team Terrific
* Read the PG Calc eRate newsletter:
https://hubs.li/Q02G_2ck0

Medaling Mortality Tables: Gold, Silver and Bronze Choices for FASB - Charities calculating the annual liability of their split interest gift agreements have to determine which mortality table to use. Here are some tips.

Medaling Mortality Tables: Gold, Silver and Bronze Choices for FASB Charities calculating the annual liability of their split interest gift agreements have to determine which mortality table to use. Here are some tips.

Many new gift officers get confused in the sea of acronyms and technical jargon used in the planned giving world. We created our Alphabet Soup of Planned Giving to help break down the initials, terms, and definitions most commonly used in planned giving.

Now it’s time to test your planned giving knowledge. Download PG Calc’s Planned Giving Crossword and see how your technical expertise stacks up:

Download PG Calc's Planned Giving Crossword Test your planned giving knowledge with PG Calc’s Planned Giving Crossword and see how your technical expertise stacks up!

Multilevel sub-accounting is critical for organizations that want to combine gifts in their endowments for investment purposes but maintain detailed records of individual gifts or funds for accounting and donor reporting purposes. At its heart, endowment sub-accounting is about financial accuracy and reporting integrity.

When it comes to understanding the impact endowment sub-accounting can have on a charity, seeing is believing. Our clients share the real-world challenges they faced and how they overcame them in these mini case studies.

Read these mini case studies to see how the sum can be greater than its parts here: Read PG Calc's Mini Case Study on Multilevel Endowment Sub-Accounting:

Read PG Calc's Mini Case Study on Multilevel Endowment Sub-Accounting Read our latest mini case study on how accurate multilevel sub-accounting is crucial to the success of any organization that has an endowment.

Why Does the IRS Always Miss My Birthday? - How do “actuarial age,” actual age, and historic life expectancy assumptions affect planned gift calculations?

Why Does the IRS Always Miss My Birthday? How do “actuarial age,” actual age, and historic life expectancy assumptions affect planned gift calculations?

BDQ #8: What Is a DAF? (Hint: ‘D’ Stands for Donor) - In our Big Dumb Question series, we provide answers to basic gift planning questions. #8: What Is a donor advised fund?

BDQ #8: What Is a DAF? (Hint: ‘D’ Stands for Donor) In our Big Dumb Question series, we provide answers to basic gift planning questions. #8: What Is a donor advised fund?

Organizations registered to issue charitable gift annuities (CGAs) in different states are likely on top of the annual filings they are required to comply with for each state and how they differ from state to state. But what other state compliance issues should you know about?

Download Ongoing CGA Compliance Outside of Annual Filings for a list of additional items to monitor and actions you may need to take to help you keep track.:

Download Ongoing CGA Compliance Outside Annual Filings Download our new guide -- Into the Great Beyond: Ongoing CGA Compliance Outside Annual Filings.

Have you ever been to a planned giving conference or watched a webinar and felt lost in the alphabet soup of acronyms, initials, and technical terms? How do you make sense of the jargon used in planned giving?

We have just the thing! Download our free glossary: The Alphabet Soup of Planned Giving to decipher the names and acronyms of planned giving:

Download PG Calc's Alphabet Soup of Planned Giving Download our free glossary: The Alphabet Soup of Planned Giving to decipher the names and acronyms of planned giving.

An effective planned giving program must consistently invest in identifying, educating, and cultivating prospects. The success of your program depends on your ability to educate donors about the benefits to both your organization and the donors themselves.

An effective marketing plan requires established objectives, a clearly defined strategy, effective tactics, and robust reporting metrics. This will allow you to refine your marketing processes over time to better reach and influence your audience.

Check out PG Calc's white paper, "Creating a Planned Giving Marketing Plan."

Download Creating a Planned Giving Marketing Plan Having an effective marketing plan is critical to the success of your planned giving program. Learn what elements make a marketing plan successful.

For organizations that have large and robust PIFs, the benefits are significant, and they are still coming in. We took a random look at some actual PIFs and found that the charitable remainder amounts distributed to their sponsoring charities are astounding. Since PIFs can only distribute net income, and since interest rates have been relatively low for decades, there seems to be no appeal anymore. But there is still something to say about pooled income funds.

Hey, How’s That PIF Doing Lately? For organizations with PIFs, the benefits are significant. We reviewed some actual PIFs and found that the charitable remainder amounts are astounding.

Keeping your CGA program in compliance with state regulations can be difficult at the best of times. With so many forms to fill out and so much information to compile, deadlines can quickly overwhelm you if you're not careful.

To help you stay organized, we have clarified some requirements in an updated Gift Annuity Annual Filing Timeline Template that groups key state deadlines by month due. Download it now:

Download our Gift Annuity Annual Filing Timeline Template Download PG Calc’s CGA Annual Filing Timeline Template to keep track of all the key dates in the states in which you are issuing charitable gift annuities

A year ago, we published an article under the tongue-in-cheek title of “That’s Alright, It Was Only Money.” We wanted to update our understanding of historical performance results for traditional investment portfolios after the disastrous conclusion of the year 2022.

And now, after another year in the books, but with quite different results in 2023, we ask the question, “Are we back to normal?”

Read Jeffrey Frye's latest article, breaking down the historical performance of the markets and how it affects gift planners: https://hubs.li/Q02pTv240

Join PG Calc’s Julia Boerth and Julie Goldenberg Hay on Wednesday, May 1st at the ACGA’s 36th annual conference for a presentation of “State Regulations: What You Need to Know.”

This presentation will cover the difference between the varying levels of gift annuity state regulation and how these regulations may apply to your organization. Register for the conference now: https://hubs.li/Q02pl9Xc0.

Questions to Ask Before Accepting an International Gift - Negotiating life income gifts from donors abroad can come with challenges, particularly with split-interest agreements.

Questions to Ask Before Accepting an International Gift Negotiating life income gifts from donors abroad can come with challenges, particularly with split-interest agreements.

Measuring the return on investment (ROI) in planned giving marketing is not as straightforward as it is in other types of marketing. Relationships often span years and even decades, and donors are typically in the driver’s seat when it comes to the timing of gifts.

What should you measure? What are the important indicators of success in planned giving marketing? Read our latest guide to find out:

How Do You Measure the ROI in Planned Giving Marketing? Measuring the ROI in planned giving marketing is not as straightforward as it is in other types of marketing. What should you measure?

What is the best way for donors to fund an outright gift?

If your donors are looking to determine the best asset to use for an outright gift – QCD from an IRA, cash, or appreciated securities – use our new decision tree to ask the right questions and guide your conversation: https://hubs.li/Q02mhl2T0

Charitable Lead Trusts: Not Just for the Super-Rich

Charitable Lead Trusts: Not Just for the Super-Rich Charitable lead trusts are at times described as “reverse” CRTs. The trust does not earn an income tax deduction, but earns a gift tax deduction.

Your website is the first impression many donors will have when researching their options to create a legacy with your organization. Having a well-developed planned giving site helps build trust with potential donors and create opportunities. A poorly designed website will inspire them to turn elsewhere.

Download our latest guide to learn more about planned giving website design:

Is Your Planned Giving Website Driving Away Donors? Your website is the first impression many donors will have when researching their options to create a legacy with your organization.

New York Maximum Annuity Rates About to Increase Significantly

New York Maximum Annuity Rates About to Increase Significantly A new law revises how New York computes its maximum gift annuity rates for New York residents and will increase New York’s maximum annuity rates.

The Legacy IRA Act made a new charitable gift option available: funding a charitable gift annuity (CGA) with a qualified charitable distribution (QCD). As this new gift vehicle piqued interest among donors, our consultants and Client Services team have been fielding many questions from gift planners about when it makes sense to fund a CGA with cash, securities, or a QCD.

We’ve created a decision tree to help you determine the best asset to fund a CGA. You can download that here:

When does funding a CGA with a QCD make sense? We’ve created a decision tree to help you determine the best asset to use to fund a charitable gift annuity.

Analysis of the New 2024 ACGA Annuity Rates

Analysis of the New 2024 ACGA Annuity Rates In-depth analysis of new ACGA charitable gift annuity rates for 2023.

Building a comprehensive bequest pipeline requires consistent tracking, projections calculations, and active relationship management. If you're looking for best-in-class software to help manage your legacy giving program, then sign up for a free trial of PG Calc Bequest Manager software today:

Sign Up For Your Free Bequest Manager Trial Download the premier software for bequest management, Bequest Manager!

January IRS Discount Rate: 5.2%

Check out the latest PG Calc eRate newsletter. Read our latest Featured Article: "Stop Reading This Now!", learn about IRS increases to charitable deductions, proposed regulations for DAFs, and more.

Read now:
https://hubs.ly/Q02djcmX0

Subscribe to the eRate:
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January PG Calc eRate: Stop Reading This Now! You read that correctly. If it is still December 2023 and you are reading this, put it aside immediately. If not, Happy New Year! Glad you remembered to come back to read this in 2024.

From the IRS: Donors Can Give More and Pay Less in 2024

From the IRS: Donors Can Give More and Pay Less in 2024 The IRS announced increases in tax exemptions, QCD gift limits, and standard deductions for 2024. Gift planners should know how this will impact donors.

In Andrew Palmer's 3-minute guide, he will show you why donor stories play such an important role for donors. Click below to begin reading!

The Real Story Behind Donor Stories Free White Paper - The Real Story Behind Donor Stories

NY Max Annuity Rates Legislation Signed into Law!

NY Max Annuity Rates Legislation Signed into Law! New York legislation that will reduce the chance that any of its maximum annuity rates will be lower than the corresponding maximum ACGA rates is now law.

BDQ #7: Why Would an Organization Want to Have a Planned Giving Program?

BDQ #7: Why Would an Organization Want to Have a Planned Giving Program? In our Big Dumb Question series, we provide answers to basic gift planning questions. #7: Why Would an Organization Want to Have a Planned Giving Program?

The best donors are those who make repeat gifts. This is particularly true for donors who establish charitable gift annuities. In fact, 50% of gift annuities come from donors who already gave one.

What’s the formula for success to bringing in these repeat gifts?

Read The Formula for Successful Repeat Gifts to understand the steps each party needs to play in order to build a pattern of success that can be repeated to keep those gifts coming:

The Formula for Successful Repeat Gifts Free White Paper - The Formula for Successful Repeat Gifts

In-person training sessions are a great opportunity to develop your planned giving knowledge and PGM Anywhere software skills. After a day or two of hands-on training with our experienced instructors, you'll be on your way to closing more gifts! You are welcome to sign up for one or both trainings.

These classes are being offered prior to the annual National Association of Charitable Gift Planners (CGP) Conference.

Introductory Session: Tuesday, October 31
Learn how to use PGM Anywhere to create persuasive gift proposals. This session will use case studies to introduce planned giving concepts, covering immediate and deferred gift annuities, remainder trust basics, and gifts made utilizing the new IRA QCD provision (CGAs and CRUTs).

https://hubs.li/Q025N5vL0

Advanced Session: Wednesday, November 1
Explore advanced gift plans including flip CRUTs, retained life estates, charitable lead trusts, and gift plans using funds from traditional IRAs (QCDs and other models). This session will utilize both PGM Anywhere and PGM desktop.

https://hubs.li/Q025N4jT0

BDQ #4: Why Is There a Charitable Deduction and How Does It Work? - In our Big Dumb Question series, we provide answers to basic gift planning questions. #4: Why Is There a Charitable Deduction and How Does It Work?

BDQ #4: Why Is There a Charitable Deduction and How Does It Work? In our Big Dumb Question series, we provide answers to basic gift planning questions. #4: Why Is There a Charitable Deduction and How Does It Work?