Charitable Gift Annuity Payout Rates are Dropping
The American Council on Gift Annuities recently approved a decrease in the suggested maximum payout rates for charitable gift annuities.

The new rates will go into effect July 1, 2020.
Helping Donors Support Their Charitable Passions
The Oklahoma City Community Foundation helped former Oklahoma County District Judge Nancy Coats-Ashley further her community legacy through the creation of a donor advised fund that will permanently support causes important to her, like Legal Aid Services of Oklahoma. To take advantage of charitable gift annuity benefits (CGA), she also created a CGA that distributes income to her for life. After her death, the remainder of the annuity will benefit Ms. Coats-Ashley's donor advised fund.
Removing Barriers for Youth
The Oklahoma City Community Foundation is awarding $127,500 to help remove barriers and create opportunities for youth birth to age 14 through the Opportunities for Children iFund program.

Established in 2011 by Community Foundation Trustees, the iFund program uses gifts from donors to support services for youth and elderly as well as provide access to health care.
Questions? Contact Joe Carter at (405) 606-2914.