New York 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 New York.
New York Charitable Gift Annuity Registration
Initial Registration
| Agency Fee: | $0 |
| Notes: | In order to apply for a charitable gift annuity permit, a charity must have tax exempt status and adopt a board resolution pertaining to annuities and naming the segregated trust. The application process includes submitting proof of tax exemption, financial reports showing segregation of assets, and other documents. New York also offers exemptions from the permit requirement for charities whose reserve fund requirement is less than $1,000,000. |
Registration Renewal
| Form: | There is no renewal form. |
| Agency Fee: | $0 |
| Due: | Annually by March 1. |
