Letter: Charity-Gift Annuities Are Sound

The lengthy description of problems with two isolated charities in the article "Donors Find Gift Annuities Can Stop Giving" (Personal Journal, May 12) may grab your readers' attention, but it does immeasurable harm to charities that feed and shelter the homeless, educate our youth and provide innumerable services which enhance the quality of our lives...

Except for the isolated cases in your article, donors receive their annuity payments on time and as expected from reputable charities running legitimate programs...

WSJ: Charity-Gift Annuities Are Sound
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