Tennessee 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 Tennessee.
Tennessee Charitable Gift Annuity Registration
Initial Registration
| Form: | |
| Agency Fee: | $675 |
| Notarize: | Required |
| Notes: | Charities must maintain a separate reserve fund that contains either 110% of the reserves required by TN Code § 56-52-104(b) or the total amount of donations for outstanding charitable gift annuities. |
Registration Renewal
| Form: | There is no renewal form, instead send a letter of intent to renew to the department along with the renewal fee. |
| Agency Fee: | $100 |
| Due: | Annually by March 1. |
| Notes: | In addition to renewing the certificate of authority, charities should also submit an annual report within 90 days after the close of their fiscal year. |
