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Tracking Gift Annuities

You can track information about gift annuities set up to benefit your institution. You can track various types of annuities, their rates, the assets that are used to fund them, the accounts that are associated with them, their beneficiaries, and their distribution.

This section discusses how to:

Page Name

Definition Name

Navigation

Usage

Gift Annuity Details

AV_GIFTAN_DTL

select Contributor Relations, then select Prospect Management, then select Planned Giving, then select Gift Annuities, then select Gift Annuity Details

Enter detailed information about a donor's gift annuity to your institution.

Gift Annuity Beneficiaries

AV_GIFTAN_BFCY

select Contributor Relations, then select Prospect Management, then select Planned Giving, then select Gift Annuities, then select Gift Annuity Beneficiaries

Track information about the benefit that your institution expects to receive and additional beneficiaries to a trust.

Gift Annuity Information

AV_GIFTAN_INFO

select Contributor Relations, then select Prospect Management, then select Planned Giving, then select Gift Annuities, then select Gift Annuity Information

Enter information about the distribution, external contacts, and assigned staff of a planned gift to your institution.

Access the Gift Annuity Details page (select Contributor Relations, then select Prospect Management, then select Planned Giving, then select Gift Annuities, then select Gift Annuity Details).

Image: Gift Annuity Details page

This example illustrates the fields and controls on the Gift Annuity Details page. You can find definitions for the fields and controls later on this page.

Gift Annuity Details page

Field or Control

Definition
Gift Annuity Name

Enter the formal gift annuity name (up to 60 characters).

Gift Annuity Type

Select a gift annuity type, Charitable or Deferred.

Values for this field are delivered with the system as translate values. You can modify these translate values.
Deferral Period

If you selected a gift annuity type of Deferred, enter the number of years that the annuity will be deferred.
Rate

Enter the rate at which payouts will be made to the donor over the term of the annuity. Your institution determines the rate based on the age of the donor at the time the gift is made.
Inception Date

Enter the date on which the gift annuity was established.
Gift Annuity Status

Select a gift annuity status:

Active: Select to add a new gift annuity.

Inactive: Select if your institution no longer recognizes this gift annuity.
Asset Category

Select the asset category that describes the assets used to fund the gift annuity. Asset categories are defined by your institution.
Gift Amount

Enter the gift amount of the contribution that was used to create the gift annuity.
Reserve

Enter the amount that your institution must carry to fund the annuity.
Gift Annuity Date

Enter the date that the contribution to fund the gift annuity was made to your institution.
Liability

Enter the amount that your institution is committed to pay out over the life of the gift annuity.

Access the Gift Annuity Beneficiaries page (select Contributor Relations, then select Prospect Management, then select Planned Giving, then select Gift Annuities, then select Gift Annuity Beneficiaries).

Image: Gift Annuity Beneficiaries page

This example illustrates the fields and controls on the Gift Annuity Beneficiaries page. You can find definitions for the fields and controls later on this page.

Gift Annuity Beneficiaries page

Access the Gift Annuity Information page (select Contributor Relations, then select Prospect Management, then select Planned Giving, then select Gift Annuities, then select Gift Annuity Information).

Image: Gift Annuity Information page

This example illustrates the fields and controls on the Gift Annuity Information page. You can find definitions for the fields and controls later on this page.

Gift Annuity Information page

Attachments

Click the View link to open the attachment in a new window. Click the Add Attachment button to upload a new attachment from within the component.