
American Council on Gift Annuities
The American Council on Gift Annuities (ACGA) is a professional organization that sets standards and provides guidance for charities offering gift annuities. A gift annuity is a financial arrangement where a donor makes a donation to a charity and, in return, receives a fixed income for life. The ACGA ensures these programs are financially sound and fair by developing actuarial tables and best practices, helping charities manage responsible payouts and donors secure reliable income streams. Overall, the ACGA promotes ethical standards and transparency in charitable gift annuity programs.