Pomona College offers charitable gift annuities at very attractive rates.

Through "The Pomona Plan," you can build reliable long-term income while also enjoying the benefits of charitable giving to support higher education. 

Whether you are interested in an immediate or deferred annuity, Pomona may have an option that will work well for you.  Pomona College carries AAA "stable" bond rating from Moody's, Standard and Poor's, and Fitch.  

Visit our website for a free on-line calculator and information on how to contact us.

The full menu or “laundry list” of annuity products and features builds off of the basic list discussed in the previous chapter.

Where relevant, each description below will include a brief comment on how the entry relates to the basic list of annuity types.

The following is a list that links to each of the annuity types discussed in this chapter:

A new service may provide charitable organizations with greater access to gift annuities.

The administrative aspects of charitable gift annuities can be a burden and obstacle for many smaller not for profit organizations.

A Cambridge-based consulting firm is in discussions with a large non-profit to provide nationwide administrative services for gift annuities.

Source: Philanthropy.com

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Robert Dillie allegedly operated a fraudulent foundation from 1996 to 2001. 

The foundation involved a ponzi scheme that issued $55 million in gift annuities to over 400 donors.

As a result of the case, the Federal Court of Appeals has concluded that gift annuities are investment contracts under federal securities laws.

The Court's conclusion will likely have a meaningful impact on the marketing activities of charitable foundations that are actively promoting gift annuities.

Source: On Philanthropy

The financial crisis has begun to have an impact on something known as a charitable gift annuity or simply gift annuity.

Tax deductible gifts to charitable organizations can be made in exchange for the promise of guaranteed, annuity-like payments from the charity to the donor.

Some charities purchase insurance policies to fund the promised annuity payments while others simply rely on existing assets and the overall financial health of the organization.