About Us

The Dechomai Foundation assists donors with non-cash asset donations,
charitable gift annuities and charitable remainder trusts.

Non-Cash Donations
The Dechomai Foundation’s foremost reason for existence is to help other
charitable institutions receive non-cash donations – donations that the charity
might not otherwise be able to accept.

We manage the entire process – from receiving the non-cash asset to
managing and liquidating the asset to finally granting the net proceeds to the
charity recommended by the donor (almost always the originating charity).

We have extensive experience in accepting real estate (commercial and
residential), many types limited partnerships, closely-held stock, restricted
stock, S-Corp stock, life insurance, notes, seats on financial exchanges and
other unusual assets – all subject to Board approval, of course.

A comprehensive description of the way a “typical” non-cash donation is
handled can be found in the Non-cash Donation Work Flow Chart. While we
pride ourselves in being capable of handling just about all types of non-cash
donations, there are instances when our Board may decide to decline an
asset.

Charitable Gift Annuities
A charitable gift annuity is a simple contract whereby the donor contributes
property in exchange for a guaranteed lifetime income. Dechomai follows the
American Council on Gift Annuities suggested rates which typically range from
6.0-11.3%.

Dechomai may issue gift annuities in all states except: CA / FL / HI / MD / NJ /
NY / WI / SC / SD / ME / OR. We perform all administration and investment
management for the gift until the donor’s death, and then place the remainder
into a donor advised fund. The donor must grant out 100% of the remainder,
subject to the donor advised fund policies, to a US public charity. Prior to
executing a gift annuity contract, the donor will receive a disclosure letter, gift
illustration and fee schedule.

Charitable Remainder Trusts
Dechomai may also serve as trustee for charitable remainder trusts. This
may be for a short period of time – e.g., trusts funded with non-cash assets, or
for the entire trust term. Similar to charitable gift annuities, the trust’s
remainder will be deposited into a donor advised fund which then must be
granted out to a US public charity. Prior to naming Dechomai as the trustee,
the donor will receive a disclosure letter, gift illustration and fee schedule.