Making the Most of Your Board and Volunteers

Are Your Bequest Expectancy Donors Telling the Truth?

In the News...

• Omaha--a new regional headquarters for philanthropy?
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• Gift Annuity Issuers Take Note--U.S. Life Expectancy Increases

Advice from Gift Planners in the Field

AFMR Discount Rates

Here is the trend in adjusted federal midterm rates (AFMRs), which are used in calculating the benefits of split-interest gifts:

OCTOBER 1998	6.2%
SEPTEMBER 1998	6.6%
AUGUST 1998	6.8%
JULY 1998	6.8%
JUNE 1998	7.0%
MAY 1998	6.8%
APRIL 1998	6.8%
MARCH 1998	6.8%
FEBRUARY 1998	6.8%
JANUARY 1998	7.2%
DECEMBER 1997	7.2%
NOVEMBER 1997	7.4%
OCTOBER 1997	7.6%
SEPTEMBER 1997	7.6%
AUGUST 1997	7.6%
JULY 1997	8.0%
JUNE 1997	8.2%
MAY 1997	8.2%
APRIL 1997	7.8%
MARCH 1997	7.8%