Overview
What is American Council On Gift Annuities?
The American Council on Gift Annuities, based in Tucson, Arizona, is a nonprofit organization committed to supporting charitable gift annuity programs across the nation. Their mission involves establishing suggested maximum gift annuity rates, providing education and research, monitoring state regulations, advocating for donors and nonprofits, and engaging in various activities to promote beneficial gifts for charities. They conduct an educational conference for planned giving, development, and administrative staff of charitable non-profits and related professionals every two years. Despite the conference being held virtually this fiscal year, their dedication to furthering charitable gift annuity programs remains unwavering.
Official website here: www.acga-web.org
Is American Council On Gift Annuities legitimate?
American Council On Gift Annuities is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Council On Gift Annuities submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.acga-web.org
What is the mission statement of American Council On Gift Annuities?
The American Council On Gift Annuities aims to support the success of charitable gift annuity programs nationwide. They achieve this by establishing suggested maximum gift annuity rates, providing education, conducting research, monitoring state regulations, advocating for good gifts, and engaging in various activities that benefit both nonprofits and their donors. The organization's vision is to be the leading resource for charitable gift annuity program success. In addition to its mission, the ACGA hosts an educational conference every two years for planned giving, development, and administrative staff of charitable non-profits and related professionals.
Official website here: www.acga-web.org
Who is the CEO of American Council On Gift Annuities?
Joseph O Bull is the President of American Council On Gift Annuities.
Official website here: www.acga-web.org
What is the revenue of American Council On Gift Annuities?
American Council On Gift Annuities's revenue in 2023 was $185,239.
Official website here: www.acga-web.org
Who are the executives of American Council On Gift Annuities and what are their salaries?
There 37 volunteers at American Council On Gift Annuities.
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Official website here: www.acga-web.org
Where can I find the form 990 for American Council On Gift Annuities?
American Council On Gift Annuities's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.acga-web.org
Learn more at the official website: www.acga-web.org
Mission Statement of American Council On Gift Annuities
The American Council On Gift Annuities, abbreviated as ACGA, is committed to fostering the success of charitable gift annuity programs across the nation. This nonprofit organization achieves this mission by promoting suggested maximum gift annuity rates, offering education, conducting research, monitoring state regulations, advocating for relevant issues, and engaging in various activities that benefit both charities and their donors. The ACGA's ultimate vision is to establish itself as the premier resource for charitable gift annuity program success.
In pursuit of this mission, the ACGA plays a crucial role in promoting good gifts for nonprofits and their donors. One of their key strategies is the regular promulgation of suggested maximum gift annuity rates, which help charities ensure they are offering competitive rates to their donors while also ensuring the long-term financial sustainability of their own organizations. Additionally, the ACGA provides education and research opportunities for professionals working in the planned giving, development, and administrative sectors of charitable nonprofits. By staying informed on the latest trends and best practices, these professionals can better serve their organizations and the donors they work with.
Furthermore, the ACGA closely monitors state regulations related to charitable gift annuities, ensuring that nonprofits are in compliance with the laws in their respective jurisdictions. This proactive approach to regulation helps protect both charities and their donors, fostering a climate of trust and confidence in the charitable sector. Through advocacy and other activities, the ACGA also works to influence policy and promote the interests of charities and their donors at the state and federal levels. Overall, the mission of the American Council On Gift Annuities is to support the success of charitable gift annuity programs nationwide, benefiting both nonprofits and their donors.
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Impact
October, 2024
The American Council on Gift Annuities (ACGA) significantly impacts charitable organizations across the nation by enhancing the effectiveness and sustainability of charitable gift annuity programs. Through its initiatives, ACGA provides suggested maximum gift annuity rates that help charities create attractive and financially sound gift annuity offerings. This guidance fosters donor confidence, ensuring that charities can establish programs that are beneficial for both the organization and its supporters.
Additionally, ACGA prioritizes education by hosting conferences designed for planned giving, development, and administrative staff of charities. These educational opportunities empower professionals with the knowledge and strategies necessary to successfully implement and manage gift annuity programs. This commitment to education also includes ongoing research and resources that keep stakeholders informed about best practices and regulatory compliance.
ACGA's role extends to advocacy, monitoring state regulations, and promoting effective practices that enhance the reputation and reliability of charitable gift annuities. By addressing the regulatory landscape and offering support, ACGA helps to create a conducive environment for charitable giving, thus maximizing the impact of donations.
Overall, the American Council on Gift Annuities serves as a critical resource for charities, enhancing their capabilities in fundraising and enabling them to establish meaningful connections with donors. Its efforts contribute to a more robust philanthropic landscape, ultimately benefiting communities across the nation.
This information is meant to be a general summary of American Council On Gift Annuities. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $16,252
- Program Service Revenue: $4,102
- Gross Receipts: $185,239
Assets and Liabilities:
- Total Assets: $793,610
- Total Liabilities: $30,490
- Net Assets: $763,120
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WEBINARS
Revenue
$4,102
Organization Details
Founding Year
1927
Phone
(770) 874-3355Principal Officer
Joseph O Bull
Main Address
5151 E BROADWAY BLVD 1600, TUCSON, AZ, 85711
Website
www.acga-web.orgNTEE Category
Code: T40Z - Philanthropy
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