It’s been six years since the American Council on Gift Annuities raised the recommended rates payable on charitable gift annuities (CGAs), but the wait is over, and the association will formally publish new, higher rates on May 15. The new rates will take effect July 1, 2018.
The council said the new rates would be .30% to .50% higher, with the largest increases applying to ages when donors typically sign up for annuities.
This is good news for organizations offering gift annuities and good news for their donors. Gabriel Group is prepared to help its nonprofit clients take full advantage of this welcome opportunity to increase the number and size of charitable annuity contracts.
For more information, please contact Renee Durnin at Gabriel Group at 314.743.5713 or email@example.com. And stay tuned — we’ll pass the complete new rate schedule along when it’s announced.
They’re both a part of our spring newsletter!
Gabriel Group’s latest publication of The Messenger is out and ready for you to view here.
This time around, we’re covering stewardship of mid-level donors, GG’s fundraising history and one of our latest successful partnerships – a new relationship with YMCAs across the country.
Interested in learning more? Make sure and contact our Vice President of Fundraising Services, Dino Megaloudis, at 919.619.1266 or firstname.lastname@example.org to find out how Gabriel Group can help your nonprofit thrive.
Gabriel Group is happy to name KidSmart as our 2018 Pay-It-Forward recipient.
KidSmart’s mission is to ensure that children and their classrooms in the Greater St. Louis area have the basic tools for learning. It fulfills its mission by transferring the community’s surplus supplies and merchandise into the hands of teachers for school children in need, at no cost. Since opening in 2002, KidSmart has distributed over $50 million in school supplies to more than 150,000 economically disadvantaged children in the area.
For six years now, Gabriel Group has chosen a local St. Louis-area charity for our Pay-It-Forward efforts in order to make a bigger impact within our immediate community. Throughout each calendar year, associates participate in numerous fundraising efforts that include tournaments, happy hours and raffle opportunities. At the beginning of the following year, we then present a check to our partner organization in honor of our clients in lieu of a traditional Christmas gift.
Over the past 11 years, Gabriel Group has funded a spring water aqueduct in the Dominican Republic to help provide children with safe drinking water; built four double-family homes for families in earthquake-ravaged Haiti; funded a new classroom at an early childhood education center in Zambia; provided food and clothing to an orphanage in Mozambique; supported relief efforts following the tornado in Joplin; helped children suffering from abuse or neglect; partnered with an organization close to associates’ hearts after losing one of our own to ovarian cancer; fought homelessness and hunger in the St. Louis area; and supported local veterans.
We as a company couldn’t be prouder of all we have accomplished thus far, and can’t wait to see what 2018 will bring to KidSmart and the children it serves. The journey to our $15,000 goal has already begun, and we’re looking forward to yet another year of giving, generosity and fun! Make sure to stay up to date with all of our latest fundraising endeavors on our Facebook page and right here on the Gabriel Group blog!