Vital Signs: Understanding Key Metrics for a Healthy Charitable Gift Annuity Pool
While Charitable Gift Annuities (CGAs) are beneficial instruments for giving, there are risks associated with managing a CGA program. The over-arching risk is that the charity is on the hook for making lifetime payments to all annuitants and therefore must maintain a level of assets to support those payments, but there are other underlying risks. In order to sustain a successful CGA program, it is important to understand all of these risks and their potential impact as well as the key metrics used to analyze those risks. Understanding, analysis and diligent monitoring can help mitigate risk and promote a healthy gift annuity program.
- Define the risks of a CGA pool
- Identify and understand the key metrics for monitoring risk
- Identify red flags that indicate problems within a pool by reviewing sample CGA pool data
- Learn tips for mitigating further risk in a problem pool
|Event Date||10-30-2018 1:00 pm ET|
|Event End Date||10-30-2019 2:00 pm ET|
|Registration Start Date||09-28-2018 6:00 pm ET|
|Cut off date||04-30-2019 3:00 am ET|
|Individual Price||ACGA Members: $50 / ACGA Non-members: $75|
Crystal Thompkins, CAP®, CSPGCM
National Director of Gift Planning Services
BNY Mellon Wealth Management Planned Giving group
Crystal is National Director of Gift Planning Services for the BNY Mellon Wealth Management Planned Giving group. In this role, she is responsible for managing the client relationship teams in Boston, Massachusetts and Greensboro, North Carolina. She also works directly with large, complex clients on all aspects of their planned giving programs and coordinates resources throughout BNY Mellon to provide support and expertise. Crystal joined the firm in 2006, when Mellon acquired U.S. Trust's planned giving business. She has more than 18 years of experience in the planned giving business, including charitable trust tax preparation and tax process management.
Crystal received a bachelor’s degree in accounting from Winston-Salem State University and is a Chartered Advisor in Philanthropy® and a Certified Specialist in Planned Giving. She is a member of the National Association of Charitable Gift Planners and serves on the boards of the American Council on Gift Annuities (ACGA), the North Carolina Planned Giving Council and the Winston-Salem State University Foundation.