Hello, all –
May I ask a question about how your institutions book Charitable Lead Annuity Trusts? If you are scheduled to receive quarterly payments of a specific amount for a specified amount of time, do you 1) book the full forthcoming amount as a pledge, or 2) book each installment as an outright gift when each one arrives?
I'd appreciate any feedback anyone can provide.
Michael Halverson, Ed.D. Senior Director of Advancement Services Loyola University Chicago T. 312-915-7283 | C. 320-363-4987 firstname.lastname@example.org | www.luc.edu/advancement