The Dechomai Foundation gladly provides charitable gift annuities with a host of options to meet your needs.
FEES: For a charitable gift annuity, a fee of 2.00% of value of the portfolio measured and charged quarterly. This includes:
Administration Fees: The Dechomai Foundation will charge an administration fee of 1.00% of the value of the CGA, charged quarterly. This fee covers all administration, donor payments, record-keeping, and tax compliance. A 100% grant of the residuum comes back to the nonprofit at the death of the annuitant(s).
Investment Fees: The Dechomai Foundation will charge an investment fee of 1.00% for CGA pool investment management, unless an outside investment manager is selected.
Note that the charitable gift annuity must have a value between the Dechomai Foundation minimum of $20,000 and a maximum of $250,000, with some exceptions for larger donations. The minimum age for annuitants is 55.
ADDITIONAL FEATURES: Annuities can be immediate, deferred, or flexible deferred. They can be funded with cash, stock, mutual funds, and illiquid assets (with board approval).
We offer these charitable gift annuities for residents of all states, except:
CA / HI / MD / NY / WA (Note, we expect to be operational in all states except WA, HI and NY by 2017)
Dechomai Foundation, Inc. and Dechomai Asset Trust has over $100 million in combined assets as of 12/31/2016.