Charitable Gift Annuities

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Harry Houtman is President of Link Charity Canada Incorporated He is also a gift planning officer for Christian Blind Mission International. He introduced the gift annuities to Christian Stewardship Services during his tenure there. Harry has served for many years on the national executive of the Canadian Charitable Annuity Association in its various shapes and forms, including as secretary of the board for many years. He was part of the delegation to the BC Securities Commission. Harry created Link Charity as a service linking donors with charities to provide planned giving instruments such as self-funded gift annuities, gifts of appreciated securities, family endowments, etc. Under Harry’s guidance Link Charity is becoming a major player in the gift annuity fields. Harry has done much for those who purchase a gift annuity and for charities who are promoting this vehicle for an income to benefit the organization. He has unselfishly and willingly given of his time, energy and wisdom. Harry is being recognized for his expertise, positive promotion of the charitable gift annuity and for creative assistance to many donors for their benefit as well as that of charities. Recommended by: Art Brooker Executive Director In Touch Ministries of Canada Alan Brereton is the first recipient of the Gordon Nelson Award of the Canadian Charitable Annuity Association. Alan Brereton is a retired actuary who still does consulting work with Eckler Partners Limited Alan is a United Church member who approached the Gift Planning Officer to express his concern about the viability and funding formula securing sufficient financial backing of annuities issued and guarantying future income streams for annuitants. He became a member of the Gift Planning Committee of The United Church of Canada so he could continue to challenge the United Church until their systems covered all of his actuarial concerns. After he became Chair of the Planned Giving Committee, Canada Revenue Agency changed the requirements for the receipting of Charitable Gift Annuities Dec. 21, 2002. The new system required all charities to use a market value for the prescribed annuity portion of the gift. Charities had to then acquire these market value quotes from CANNEX at extra costs to themselves. When Alan determined that these costs were significant for the Charitable Annuity community, he set about devising a quotation system that all charities could use that eliminated the necessity of using an outside agency. This system has been a blessing to all the charities since they can now quote quickly, easily and at a very low cost. This has been an exceptional contribution to the charitable annuity sector by a professional with a unique grasp of annuity complexities. Now that the system is up and running to his satisfaction, Alan has turned his attention back to the Insurance industry. He is working with them to develop consistent standards among those who do the actuarial evaluations of those charities issuing charitable gift annuities. Alan Brereton, as the 2005 recipient of the Gordon Nelson Award, very much exemplifies the characteristics of professionalism and has exhibited a very strong commitment to the charitable annuity community. Nominated by: The Gift Planning Committee The United Church of Canada

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