Answer: A gift annuity is a general obligation to the institution.  When the general obligation expires, the full market value of the annuity would be considered the Historical Gift to the new endowment, if an endowment was the donor’s intent.

In Fundriver, deactivate the annuity fund using the standard deactivation process.  Then, post a Cash Historical Gift Transfer entry to the new endowment for the entire value of the retired fund.