New Jersey 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 Jersey.
New Jersey Charitable Gift Annuity Registration
Initial Registration
| Form: | |
| Agency Fee: | $100 |
| Notarization Required?: | Required |
| Notes: | Proof of entity registration and charitable registration are required with the application. Charities must maintain a segregated reserve fund that covers the current value of all outstanding annuity payments plus the greater of $100,000 or 10% of the reserve fund. |
Registration Renewal
| Form: | |
| Agency Fee: | $0 |
| Due: | Within 120 days of the end of the calendar year. Permission may be granted for the filing to be made on a fiscal year basis. |
| Notes: | An annual statement should be filed even if the organization did not issue annuities. |
