The American Council on Gift Annuities (ACGA) has recently announced new rates for gift annuities. The new rates are effective July 1, 2008. The new rates are lower than the old rates so if you are interested in funding a gift annuity, it would be important to act before July 1, 2008.

For more information about the advantages of a charitable gift annuity, please e-mail, call 800-900-9021, visit our planned giving webpages, or write to Planned Giving, The Quiet Hour, P.O. Box 3000, Redlands, CA  92373.

The Quiet Hour confidently supports the following required statement and encourages prospective donors to give it consideration:

THIS IS NOT LEGAL ADVICE. ANY PROSPECTIVE DONOR SHOULD SEEK THE ADVICE OF A QUALIFIED ESTATE AND/OR TAX PROFESSIONAL TO DETERMINE THE CONSEQUENCES OF HIS OR HER GIFT. Payments made under a charitable gift annuity are backed solely by the full faith and credit of the issuing organization, are not insured or guaranteed by an insurance company, are not protected by any insurance guaranty association and are not backed in any way by the states.