American Council on Gift Annuities

The Rates Committee of the American Council on Gift Annuities employs a consistent methodology for reviewing its suggested maximum rates schedules and the assumptions that underlie those rates. Throughout the year the Committee engages in a regular review of our assumptions, along with any economic markers that would affect those assumptions. While the Committee keeps a close eye on current economic activity, historically the Council has not made quick reactions to short-term economic fluctuations since charitable gift annuities are intended to be long-term in nature. If economic events warrant a change in assumptions that would affect the rates schedules, the Council will issue relevant communications. Please note that when the Applicable Federal Rate (AFR) falls to low levels, charities may have to reduce the gift annuity rates they offer in order to comply with the IRS 10% rule.