April 15, 2004
New Standards Issued on Calculating Worth of Planned Gifts
To help nonprofit organizations determine the value of charitable annuities and other planned gifts, the National Committee on Planned Giving introduced new gift-valuation standards last week.
The standards, which are designed to help organizations determine the charitable impact in today's dollars of planned gifts that the groups might not receive for 10 or more years, met resistance from some fund raisers.
Several fund raisers said they worried that charities might find the
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