{"id":7285,"date":"2009-05-24T12:22:23","date_gmt":"2009-05-24T17:22:23","guid":{"rendered":"http:\/\/www.annuityfyi.com\/blog\/?p=92"},"modified":"2023-02-15T06:15:18","modified_gmt":"2023-02-15T06:15:18","slug":"charity-gift-annuitiesprudent-or-illogical","status":"publish","type":"post","link":"https:\/\/www.annuityfyi.com\/blog\/2009\/05\/charity-gift-annuitiesprudent-or-illogical\/","title":{"rendered":"Charity-Gift Annuities&#8230;prudent or illogical?"},"content":{"rendered":"<p>There has been talk lately that gift annuities are not turning out to be the sound investments they should be.&nbsp; An article in the Personal Journal earlier this month highlighted large problems with two charities going under and not paying annuity payments to the donors.&nbsp; Basically, a charity or gift annuity is similar to other <a title=\"Annuity Basics\" href=\"https:\/\/www.annuityfyi.com\/blog\/2012\/03\/basics-of-longevity-annuities\/\" target=\"_blank\" rel=\"noopener\">annuities<\/a>, but when the donor passes away all remaining monies are left to help the charity continue its services to the community.<\/p>\n<p>Unfortunately, this article with only two examples of poor investments might do unjust harm to the overall charity and gift annuity process.&nbsp; The American Council on Gift Annuities has over 1,200 charitable organizations that pay their donor&#8217;s annuity payments on time and work just as they are meant to, according to the Wall Street Journal.&nbsp; Investors\/donors need to do their research just like with everything else, not letting a few bad apples ruin it for everyone.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There has been talk lately that gift annuities are not turning out to be the sound investments they should be.&nbsp; An article in the Personal Journal earlier this month highlighted large problems with two charities going under and not paying annuity payments to the donors.&nbsp; &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Charity-Gift Annuities&#8230;prudent or illogical?\" class=\"read-more button\" href=\"https:\/\/www.annuityfyi.com\/blog\/2009\/05\/charity-gift-annuitiesprudent-or-illogical\/#more-7285\" aria-label=\"Read more about Charity-Gift Annuities&#8230;prudent or illogical?\">Read more<\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[33,349,350,351,343],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/posts\/7285"}],"collection":[{"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/comments?post=7285"}],"version-history":[{"count":1,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/posts\/7285\/revisions"}],"predecessor-version":[{"id":27056,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/posts\/7285\/revisions\/27056"}],"wp:attachment":[{"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/media?parent=7285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/categories?post=7285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/tags?post=7285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}