NCPG Home
Join NCPG
Members Only
Resource Center
Education & Training
Ethics & Standards
Government Relations
LEAVE A LEGACY
National Conference
pals
Planned Giving Councils
Support NCPG
International Gift Planning Alliance
Contact Us

    


 

 

 Today is May 9, 2008

 2008 Conference, Oct. 22-25, 2008, Denver, Colorado   

     

ACGA Lowers Immediate and Deferred Gift Annuity Rates (5/6/08)  
The American Council on Gift Annuities has approved a new, lower schedule of gift annuity rates for immediate gift annuities, effective on July 1, 2008. In addition, deferred gift annuity rates will also be lower. For information about the new rates, visit the ACGA web site at www.acga-web.org.


New NCPG Research Investigates Gift Planners' Programs and Priorities (4/22/08)  
NCPG invites members and others in the gift planning community to participate in two research projects.

NCPG Survey on Real Estate Gifts collects nonprofit planners’ experience and attitudes related to charitable gifts of real estate assets. We are seeking responses from all organizations, ranging from those with active programs for cultivating real estate gifts, to those that seldom if ever receive these assets. Results of the survey will be analyzed in a special issue of The Journal of Gift Planning focused on real estate gifts. The questionnaire includes 29 multiple choice questions, and should take no more than 15 minutes to complete. To access the web-based survey, click here

NCPG Survey of Priorities for Legislative Advocacy collects gift planners’ opinions about the most important legislative issues and challenges facing nonprofit organizations and donors involved in charitable planned giving. Data from this survey will assist the NCPG Board of Directors in planning an agenda for government relations. The questionnaire includes only 5 questions. To access the web-based survey, click here.

These surveys will be open for a limited time. Please respond as soon as possible! If you have questions about any of NCPG’s survey projects, contact Barbara Yeager at byeager@ncpg.org.
Baucus, Grassley Introduce Two-Year IRA Charitable Rollover Extension (4/17/08)  
Senators Max Baucus (D-MT) and Charles Grassley (R-IA), Chairman and Ranking Member of the Finance Committee, respectively, today (April 17) introduced major legislation, which extends a number of tax provisions―including the IRA Charitable Rollover―through December 31, 2009 and increases the alternative minimum tax (AMT) exemption for 2008. The “extender” portion of this legislation is expected to cost approximately $50 billion and will, upon passage, likely be off-set in order to comply with Pay-As-You-Go (“PAY-Go”) budget rules. A bill number for the legislation is forthcoming.

Chairman Baucus has indicated he intends to hold a markup in the Finance Committee in the next few weeks, and the legislation could reach the Senate floor before Memorial Day. NCPG will share additional information as it becomes available.

The Baucus-Grassley legislation also contains a number of additional charitable provisions. Click here to read a summary of the key charitable provisions.
Major Redesign of Form 5227; NCPG Expresses Concern (3/31/08)  
In response to changes brought about by The Pension Protection Act of 2006, the IRS has issued a substantially revised Form 5227, Split-Interest Trust Information Return, for reporting by charitable remainder trusts, pooled income funds, and charitable lead trusts for the 2007 tax year.

NCPG has issued a letter to the Internal Revenue Service regarding the revision to make form 5227 available for public inspection. There is concern among trustees of CRTs, particularly charities, that donors’ privacy will become an issue once these forms are filed.

NCPG encourages members to contact the IRS with any concerns regarding Form 5227. Click here for more information.
2008 NCPG Leadership Assembly: Calling All Council Leaders (3/19/08)  
The 2008 NCPG Leadership Assembly (formerly known as the Assembly of Delegates) is taking place June 18-20 in Indianapolis, Indiana, at the Marriott Indianapolis Downtown. The NCPG Leadership Assembly will bring more than 100 council leaders from across the country together to discuss council programming and management, make valuable networking and mentoring contacts, and optimize your council's voice in NCPG activities. The event is for current and future council leaders. To register, visit the Council Leadership Resources Section of this web site. You will need your council ID# and password. If you cannot find that information, call the NCPG office at (317) 269-6274.
Senate Signals Support for Expanding IRA Rollover to Include Life-Income Gifts (3/14/08)  
The Senate approved its fiscal year 2009 budget resolution (S. Con. Res. 70). The resolution includes language that calls on Congress to reinstate the IRA Charitable Rollover, which expired on December 31, 2007, and expand the provision to allow for life-income agreements, including charitable gift annuities, charitable remainder trusts and pooled income funds. This language was added to the budget resolution by an amendment from Senator Byron Dorgan (D-ND) and was co-sponsored by Senators Olympia Snowe (R-ME) and Blanche Lincoln (D-AR).  The amendment was agreed to in the Senate by unanimous consent.

The language added to the budget resolution by the Dorgan amendment is a significant development in NCPG’s efforts to retro-actively extend the IRA Charitable Rollover and expand it to include life-income gifts. In particular, the Dorgan amendment is recognition of the role that planned giving can play in encouraging philanthropy by all Americans. 

The budget resolution is a non-binding document that sets aggregate spending and revenue targets for the fiscal year beginning October 1, 2008 and outlines broad policy goals.


     

National Conference on Planned Giving

Next Virtual Seminar

   May 21, 2008

National Committee on Planned Giving®


233 McCrea Street
Suite 400
Indianapolis, IN 46225
p: (317)269-6274
f: (317)269-6276

E-mail: ncpg@ncpg.org
Click here for a map



Copyright© 2008
National Committee
on Planned Giving®

All rights reserved.


membership directory | home | about | join | members | resources | education & training
ethics & standards | govt. relations | 
LEAVE A LEGACY® | conference | pals™ | councils | training calendar |
 international gift planning alliance | contact