The right procedures mean that all involved parties understand their roles in the process of planned giving. We can help you analyze how you run your gift administration procedures so they can be as efficient as possible. Using our extensive experience and knowledge of best practices, we’ll define procedures that coordinate among persons responsible for development, finance, accounting, and asset management, whether these functions are performed in-house or out-sourced.

Gift processing assessment
We will audit your current gift processing procedures for compliance with state and federal regulations and efficiency, with the goal of eliminating duplication, streamlining use of resources, facilitating access to data, and enhancing donor stewardship.

You will receive a report not just of things you may not be doing perfectly now, but a roadmap as to how to improve those processes to achieve flawless gift administration.  Your administration will be more efficient, saving you money and time, and your donor’s will be happier, which can translate into more and bigger gifts.

Risk analysis
Take advantage of PG Calc’s Risk Analysis service to review your gift annuity program.  We can review the health of your planned giving investments to determine whether you can anticipate positive gift remainders.  We can identify gifts that are in trouble and offer solutions to head off problems.  We offer projections using different investment scenarios and can even run Monte Carlo analysis to hone in on your problem gifts.  We don’t just deliver the bad news.  We offer suggestions that can help resolve problem gifts. 

Appraisals of life income interest
In many circumstances, it can be appropriate for someone currently receiving payments from a life income arrangement to accelerate the charitable interest by surrendering the donor’s income interest. In this case, the donor has provided additional value to the charity and is entitled to a deduction. The value of that deduction is determined with this appraisal exercise.

The arrangement could be a charitable remainder trust, a gift annuity, or a pooled income fund. If the resulting income tax charitable deduction is more than $5,000, the donor will need to obtain a qualified appraisal of the life income interest. Furthermore, the appraiser (and the charity) will need to sign IRS Form 8283, which the donor will then submit with his or her income tax return.

The appraiser must not only be independent of both the donor and the charity, but also must meet a number of other requirements. PG Calc can fulfill these requirements. As part of our discussion about appraising a life income interest, we can help determine whether it would even make sense for the life income interest to be contributed to charity, either on an outright basis or to establish a new life income arrangement.