California Charitable Gift Annuity Registration
Charities are required to meet prerequisites and follow regulations before using charitable annuities for fundraising. This guide contains information about charitable gift annuities in California.
California Charitable Gift Annuity Registration
Initial Registration
| Form: | Application for Certificate of Authority as a Grants and Annuities Society |
| Filing Method: | Mail or online. |
| Agency Fee: | $4,233 |
| Notarize: | Required |
| Notes: | Charities must authorize the creation of the annuity fund by board resolution. In addition, charities need a segregated reserve fund and must follow reserve fund regulations to qualify for issuance of charitable gift annuities. |
Registration Renewal
| Form: | |
| Agency Fee: | $136 |
| Due: | Annually within 120 days of the organization's fiscal year end. |
| Notes: | In addition to annual statements, charities must submit quarterly statements with information on each annuity agreement. |
