Did you know your gift can have more of an impact and affect generations to come at Gilda’s Club? Through a deferred or planned gift today, you can help us to continue to meet the needs of current and future participants.
A planned gift is a way to determine during your lifetime where your assets will go – gifts to be given now or later. It allows you to use your assets during your lifetime by making a commitment that will touch the lives of countless individuals and families affected by cancer. A common misconception is that planned giving is only for the wealthy, but the reality is that everyone can make a difference.
Choosing a Planned Gift to Meet Your Charitable Objectives
There are numerous benefits to you when you donate to Gilda’s Club NYC through a planned gift. These may include an immediate income tax deduction, lifetime income, a reduction in your adjusted gross income on your taxes and other benefits (summarized below):
Bequest: One of the simplest planned gifts to establish, a bequest through your will or living trust results in a meaningful donation to Gilda’s Club NYC while ensuring that you have adequate funds throughout your lifetime.
Charitable Gift Annuity: A CGA provides the security of annual income as well as a significant donation to Gilda’s Club NYC.
Endowment Gift: This gift ensures that Gilda’s Club NYC has future resources to provide support and services through annual operating funds, and also provides you with a tax deduction for the endowment principal.
IRA: Fulfilling the minimum distribution requirements of your IRA by making a qualified charitable distribution reduces your taxable income and transfers the funds to Gilda’s Club NYC tax-free. You can also minimize estate tax liability by leaving the remainder of your IRA to Gilda’s Club NYC by naming us as the beneficiary.
Life Insurance Policy: Gifting a new or existing life insurance policy allows you to make a significant gift to Gilda’s Club NYC without depleting your financial reserves for future needs.
Real Estate: A gift of commercial, industrial or residential real estate or vacant land can result in a significant donation to Gilda’s Club NYC, the maximum charitable tax deduction possible for you and reduced capital gains liability.
Stock or Mutual Funds: Donating appreciated stock or mutual funds can result in an immediate donation to Gilda’s Club NYC while minimizing your capital gains taxes and giving you the maximum charitable tax deduction possible.
Trust: A gift through a trust can provide you with income for life or provide a legacy to your heirs while making a donation (current or deferred) to Gilda’s Club NYC.
Your gift will be completely confidential.
We will not ask how much is being left to Gilda’s Club NYC. However, we are available to help you plan your gift and identify your wishes. Your instructions to us can be changed at any time with a simple phone call to the Development office.
Joining the Legacy Society requires one simple step.
Kindly submit the Letter of Intent Legacy Society Form informing us of your intentions to include Gilda’s Club NYC in your bequest. Please be sure to indicate if you wish your gift to remain confidential. The agreement is non-binding and does not constitute a legal promise of any future donation to Gilda’s Club NYC.
Please send the completed forms to:
Gilda’s Club NYC
195 West Houston Street
New York, NY 10014
Attn: Development Office
Contact: Email Sheila Lennon, Chief Development Officer or call (212) 647-9700.