Why make a legacy gift to Make the Road NY?
LEGACY GIVING TOOLKIT
You can take care of your family and loved ones and ensure the future of Make the Road New York. There are many ways to give, and your gift can be modified by you at any time.
Bequests In Your Will or Living Trust
- A specific gift leaves Make the Road New York a stated amount of money or asset.
- A percentage gift designates a percentage of your estate to Make the Road New York.
- A residual gift leaves Make the Road New York the remainder of your estate after other bequests, debts, and taxes have been fulfilled.
- A contingent gift to Make the Road New York occurs only if a spouse, family member, or other beneficiary does not survive you.
See sample bequest language here
Beneficiary Designations
You can designate Make the Road New York as a beneficiary of some or all of your:
- IRA, 401(k), 403(b) or other qualified retirement plan;
- life insurance policy;
- bank accounts; and/or
- brokerage accounts.
There may be tax advantages to the above designations. We recommend consulting your legal and financial advisors.
To designate Make the Road New York as a beneficiary, please use the following information:
Legal Name: Make the Road New York
Federal Tax ID Number: 11-3344389
Address: 301 Grove Street, Brooklyn, NY 11237
Income-Generating Gifts
You can work with your advisors to set up a trust that generates income:
- A charitable remainder trust is an irrevocable trust that would generate an income stream for you or other beneficiaries, with the remainder going to Make the Road New York after the end of the trust term.
- A charitable lead trust would first disperse income to Make the Road New York, with the assets in the trust reverting back to you or another beneficiary at the end of the trust term.
All of the information above is not intended as legal or tax advice. Please consult with your legal and financial advisors to learn how a gift will work in your circumstances. Laws and regulations governing legacy gifts vary by state.
Please contact Development Director Julie Miles at 718-418-7690 x1203 or via email for questions or more information.
Already included us in your estate plan? Let us know by filling out this form. Make the Road NY will always keep confidential any specific information about your intentions and will always respect any donor’s wishes to remain anonymous.