Make a Planned Gift to NCJW NY

Rebekah’s Legacy is a special group of people who have chosen to remember NCJW NY in their estate plans. The society’s namesake, Rebekah Kohut, was a humanitarian, writer, educator, political activist, successful businesswoman, and founder of NCJW NY in 1894. She left her mark by making the city a more just and equitable place. Members of Rebekah’s Legacy receive recognition, special communications, and invitations to intimate events with NCJW NY’s leaders. Most importantly, Rebekah’s Legacy members safeguard NCJW NY’s future, and thereby improve the lives of New Yorkers in need for years to come.

Many good friends of NCJW NY have made planned gifts to ensure that our important work will continue. For most of them, it is the largest gift to NCJW NY they make.

Here are some ways to make a planned gift to NCJW NY:

Gifts from Retirement Plans (outside of a Will or Trust)

During Your Lifetime
A very easy way to make a planned gift to NCJW NY is through your retirement plan(s).

How
If you are 70 1/2 or older, you can direct up to $108,000 each year to charity using a QCD (Qualified Charitable Distribution). Your financial advisor can help you with the paperwork.

Key Benefit
If you are 73 ½ or older, your QCD gift counts against your Required Minimum Distribution (RMD), lowering your taxable income even if you don’t itemize deductions.

 

Legacy Gifts

You can make a charitable gift upon your death by naming NCJW NY as the beneficiary of a retirement account, life insurance policy, bank account, brokerage account, or Donor Advised Fund.

How
For retirement funds: Use the beneficiary designation form to name NCJW NY as a “full beneficiary”, a “partial beneficiary” along with individuals, or as “contingent beneficiary,” which goes into effect if the individuals you name do not survive you.

Key Benefits
Unlike an individual beneficiary, non-profits don’t pay income tax on retirement distributions, so NCJW NY will get the full amount of the gift.

For Bank or Brokerage Accounts: Designate as POD (Pay on Death) or TOD (Transfer on Death) to NCJW NY.

Gifts by Will or Trust

A bequest is simply a gift made through your will or revocable living trust (RLT). It’s a thoughtful way to make a meaningful statement about the values you held during your lifetime. You might choose to make a bequest as a specific dollar amount or as a percentage of your estate.

How
Include a bequest in your will or revocable living trust (RLT).

Key Benefit
Protect your assets and income during your lifetime, while providing for a meaningful, lasting gift for NCJW NY.

 

Learn more about Rebekah’s Legacy & planned giving opportunities by contacting NCJW NY’s Director of Development Amy Greenstein at agreenstein@ncjwny.org or 646-884-9462.