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*The University of North Carolina at Chapel Hill Foundation, Inc. requires a minimum funding level of $20,000 for Charitable Gift Annuities. The Foundation generally follows the annuity rates recommended by the American Council on Gift Annuities (ACGA). The minimum age is 50 years or higher and payout rates are capped at the current ACGA rate for an 80 year old. CGA payments are guaranteed by the unrestricted assets of the Foundation. For any large CGA with respect to which the annual payment to the beneficiary is $30,000 or greater, a risk concentration analysis shall be performed prior to accepting the CGA.
OFFICE OF UNIVERSITY DEVELOPMENT
PO Box 309
Chapel Hill, NC 27514-0309