January 9, 2003
AARP Article Calling Gift Annuities 'Scams' Worries Fund Raisers
Fund raisers are concerned that an article in the December issue of the AARP Bulletin, which is distributed to 35 million Americans, could cause donors to become reluctant to set up charitable gift annuities.
Under the headline "Scam Alert," the one-page article in the monthly publication warns readers to be wary of con artists offering charitable gift annuities, and describes how the defunct Mid-America Foundation, in Scottsdale, Ariz., allegedly misled donors by organizing
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