Whether you are interested in making a challenge grant, funding a portion of a New York Public Radio program or want to support the general operating expenses of our stations, New York Public Radio's Development Department stands ready to discuss the many opportunities available. Please contact Amy Fitzpatrick, Director of Institutional Giving, for more information, at (646) 829-4467 or via e-mail: email@example.com.
Using securities that have gone up in value since you bought them is an excellent way to make a gift to New York Public Radio. In most cases you will be entitled to an income tax charitable deduction for the full fair market value of the securities on the date of the gift and will not have to report capital gain income. You may use securities to make your annual gift to New York Public Radio, contribute a special gift, or to fund a charitable gift annuity or charitable trust.
To assist you with the transfer of securities please contact Molly Sidney at firstname.lastname@example.org or 646-829-4482.
There are many ways to create a meaningful legacy to help ensure the future of New York Public Radio -- such as including a bequest in your will or living trust, establishing a charitable gift annuity, or designating our stations as the beneficiaries of your retirement plans, charitable trusts, or life insurance policies -- that may also provide tax and financial benefits to you, depending on your circumstances and objectives. To learn more, please contact Dina Vaz, Associate Director of Legacy Giving at (646) 829-4587 or email@example.com.
UPDATED ALERT: IRA CHARITABLE ROLLOVER REAUTHORIZED AND MADE PERMANENT
The IRA Charitable Rollover, first enacted as part of the Pension Protection Act of 2006 and extended through December 2014 in the Tax Increase Prevention Act of 2014, has been reauthorized by the US Congress and signed back into law permanently by President Obama -- retroactively from January 1, 2015. You may now make a charitable gift directly from your Individual Retirement Account (IRA) while excluding the amount of that gift from your adjusted gross income (AGI).
Benefits of the IRA Charitable Rollover:
--The IRA Charitable Rollover permits you to make donations directly to charitable organizations such as New York Public Radio from your IRA without counting the distribution as part of your AGI and, consequently, without paying taxes on it.
--You wouldn't recognize the distribution as income for federal income tax purposes.
--The distribution counts towards your minimum required distribution for the year.
--You must be at least 70 1/2 years old and required to make an annual distribution from your IRA.
--Your total combined IRA Charitable Rollover donations cannot exceed $100,000 in any one year.
--Charitable contributions from an IRA must go directly to a public charity that is not a supporting organization. Contributions to donor-advised funds and private foundations, except in narrow circumstances, do not qualify for the tax-free treatment.
--You cannot receive any goods or services in return for your charitable IRA rollover donation in order to qualify for the tax-free treatment.
--You must receive an acknowledgement from New York Public Radio or other charitable institution donated to for each rollover contribution made with the specific language required by the IRS included, stipulating your intentions.
We strongly recommend that you seek advice from your financial advisor prior to making an IRA Charitable Rollover donation, as personal circumstances may have a significant impact on whether such a contribution would be advantageous to you. In order to benefit from a 2015-eligible IRA Charitable Rollover Donation, plan to contact your IRA administrator as soon as possible as some administrators may place a deadline on requesting transfers.
For more information, please contact Dina Vaz, Associate Director of Legacy Giving, at (646) 829-4587 or firstname.lastname@example.org.