FASB Liability Report Service
Determining the liability represented by each of your organization’s split interest gifts such as gift annuities and charitable remainder trusts can be a time-consuming project.
PG Calc staff would be pleased to compute these liabilities for you. You can use our valuations to satisfy the requirements described in Financial Accounting Standards Board (FASB) Statements 116 and 117 or for your organizations own financial reporting purposes.
FASB Liability Reports start at $175/hour with a $375 minimum fee. The cost of a report will vary depending on the number of contracts at your institution. Creating the report after the first year generally costs less due to the reduced time required for initial setup.
Please call us toll free at 888-497-4970 to discuss data format and to receive an estimate of report preparation time.