The NonProfit Times - The Leading Business Publication For Nonprofit Management: "Planned Giving: Don’t Let Donors Drown
By Mark Hrywna
Volatility in the stock market might make individuals looking for security more open to charitable gift annuities (CGA). But, at the same time the market might be wreaking havoc on a charity’s annuity reserves, a portion of which are usually invested in equities.
The American Council on Gift Annuities (ACGA) recommends a portfolio be invested 40 percent in equities and 55 percent in bonds, with 5 percent cash."
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