July 2, 2009
Charities Tweak Their Handling of Gift Annuities in Bad Economy
Nonprofit groups around the country are making changes in the way they handle a popular type of donation — the charitable gift annuity — as the economy calls into question the basic assumptions that made the annuities a good deal for both charities and donors.
The topic is a sensitive one: Nonprofit groups are so worried donors will think the annuities are threatened, or that problems with annuities are a sign of deeper problems, that almost no nonprofit group is
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