The 2007 and 2008 valuation rate for new pooled income funds is 4.8%. See an expanded explanation of how this rate is calculated.

Spread the News!
Feel free to forward this e-mail to anyone who might find it useful.
Anyone is welcome to sign up for this free monthly newsletter.

In this issue:

• Featured Article: Resolve to Recognize Your Planned Giving Donors
• Quick Tip: Important Reminder - Tax Form Requirements for Gift Annuity Beneficiaries
• HelpClip: Think Lead Trust When the IRS Discount Rate is Low
• Changes in State Annual Reporting Requirements
• PG Calc Webinars Save Time and Money on Planned Giving Training
• Planned Giving Manager Training in Stamford, CT on February 7 - 8

Featured Article: Resolve to Recognize Your Planned Giving Donors
The New Year is here and it’s time to act upon your resolution to increase and strengthen your donor recognition program. We all know how important recognition is – it’s our opportunity to acknowledge, to thank, and to celebrate the donors for their trust in, and commitment to, the charity’s mission. But recognition of planned giving donors often won’t happen through conventional donor recognition channels. That is where a heritage society comes in.

Learn more...

Quick Tip: Important Reminder - Tax Form Requirements for Gift Annuity Beneficiaries
Organizations with gift annuity programs are responsible for sending 1099-R tax forms to annuitants and the IRS.

The following are the timing requirements and links to the IRS for additional information:
- January: Print the 1099-Rs for 2007; furnish 1099-R Copies B or C to annuitants by January 31
- February: Print and send 1099-R forms Copy A to the IRS by February 29, 2008*
- March: Send 1099-R information electronically by March 31, 2008
  *Sending 1099-R data on a 3½" diskette is no longer acceptable

Instructions for preparing 1099-R forms...

Filing Information Returns Electronically information...

HelpClip: Think Lead Trust When the IRS Discount Rate is Low
The IRS discount rate has dropped like a stone from 6.2% last August to 4.2% for February. The lower the IRS discount rate, the greater the benefits of funding a charitable lead annuity trust (CLAT).  Fortunately, Planned Giving Manager includes powerful features for illustrating the benefits of a CLAT -- its Online Help shows you how.

See how...

Changes in State Annual Reporting Requirements
Arkansas, New York, and Washington have all made changes to the annual reports required to be filed by any charity registered to issue gift annuities in the state.

Get the complete details...

PG Calc Webinars Save Time and Money on Planned Giving Training
Visit http://www.pgcalc.com/training/webinars.htm and view our 2008 webinar schedule. Convenient, affordable, and delivered by recognized planned giving experts, consider PG Calc Webinars for your own professional enrichment, the training of your staff members, and as an excellent source of planned giving content for board members and allied professionals. See our full-page ad in the Chronicle of Philanthropy.

Register now for “Recognizing Planned Giving Potential in Donors” on January 29, presented by Jeff Lydenberg.

Planned Giving Manager Training in Stamford, CT on February 7 - 8
Register now for our “Gift Planning with Planned Giving Manager” training sessions in Stamford, CT on February 7 and 8. Come and learn from the experts at our Introductory session on Thursday, February 7, the Advanced session on Friday, February 8, or both.

Sessions run from 9 am – 4 pm and the cost is only $295/day. We have space available at these training sessions and would be happy to see you in Stamford! Please contact Michael Heep at 888-474-2252 or mheep@pgcalc.com if you have any questions.

These classes will be held at the Marriott Stamford Hotel & Spa. Sleeping rooms will be available at a discounted group rate of $159/night until January 23 - just mention PG Calc! Please contact the Marriott Stamford directly at 800-732-9689 to make your sleeping room reservation.

Learn more or register...

Comments on This Newsletter
Send an e-mail message with your thoughts and/or suggestions to support@pgcalc.com.

This publication is designed to provide information in regard to the subject matter covered. It is understood that the publisher is not engaged in rendering legal, accounting, or other professional services. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.