Menu

Creating a lasting legacy through a permanent fund in The Trust. It is an effective way of making sure the causes you care about will benefit from your generosity forever. Let us show you ways to balance your family commitments and your philanthropic wishes. You can give what's left after your loved ones are cared for.

 

 

shutterstock_Grandpa-with-grandaughter
Ways to Give

Planned Gifts

We can explain the tax and other benefits of planned gifts. You can:

  • Leave a specific amount or percentage in your will.
  • Give what’s left after your heirs are cared for through a charitable remainder trust.
  • Leave your “residuary” estate—what’s left after other bequests have been fulfilled.

IRAs and Other Retirement Plan Assets

Income taxes can take a significant portion of retirement plan assets that are left to heirs. Instead, these assets can be allocated to charity which is not subject to income tax, including other assets left to heirs. This results in the greatest benefit for both your loved ones and charitable beneficiaries.

Legacy-Society---final-05
Legacy Society

At The New York Community Trust, we believe in the power of community. Our Legacy Society brings together donors who want to make a permanent impact on the causes they care about most. The charitable goals of members of our legacy society are as diverse as the people of our city, but they’re linked together by their desire to create a better world for generations to come.

All donors who generously provide for permanent funds at The Trust, whether through wills, trusts, beneficiary designations, or who commit to leave a balance in their existing donor-advised funds to support our work, are invited to join the Legacy Society. 

Benefits of membership

  • Invitations to events, lectures, special site visits, and receptions
  • Exclusive communications regarding The Trust’s work and its impact
  • The option to be featured in Trust publications
  • Special recognition in our Annual Report
  • Professional administration of your fund(s)
  • And more…

If you’ve already provided for The New York Community Trust in your will or estate plans, we want to honor you in our Legacy Society. Contact Marie D’Costa at (212) 686-2461 or md@nyct-cfi.org to join us.

 

2017_Liberty_AriMintz
A Private Foundation or a Fund in The Trust, or Both?

If you have a private foundation, or are considering one, ask yourself: Who will run it? Who will take care of annual filings? Who will make decisions about grants and investments? Will future boards share my values and priorities? If your answer to any of these is, “I don’t know,” starting a fund at The Trust might be the best answer.

Many Trust donors have both, and use their funds in The Trust to support causes outside the focus of their private foundations. Others have dissolved their family foundations into funds at The Trust to simplify their giving and reduce operational costs.