Endowments and planned gifts are natural fits to each other because both are best suited for long term goals. As you prepare for the future, you may wish to make a contribution that will provide a lasting memory. A gift to The Endowment for Inner-City Education can do just that, as it will provide for generations of children to come in perpetuity.
Bequests, charitable gift annuities, charitable remainder trusts, life insurance policies and retirement plan assets all may be attractive vehicles for contributing to The Endowment for Inner-City Education, as they allow you to make a larger gift than you thought possible, while providing you with significant tax benefits.
Bequests
There are several types of bequests from which to choose. You can leave a specific dollar amount; leave specific assets, such as securities; or designate that The Endowment for Inner-City Education receive all or a percentage of your estate after you have provided for your other beneficiaries.
Sample Bequest Language
I give _______________ (a specific dollar amount; a specific asset; or a percentage of the residue of my estate) to The Endowment for Inner-City Education, a 501(c)(3) nonprofit organization, having its principal offices at 1011 First Avenue, New York, New York 10022, for its general purposes.
Purpose of Your Bequest
If you wish to designate a specific program or school as the recipient of your funds, please contact us so that we may better understand your wishes and discuss the wording of your bequest language. This will assure that The Endowment for Inner-City Education will be able to use the gift as you intend.
Guidance on Planned Giving
The Endowment for Inner-City Education works closely with the Director of Gift Planning for the Archdiocese of New York to provide donors with any assistance or guidance they may require in making a gift using charitable gift annuities, charitable remainder trusts, life insurance policies and retirement plan assets. Please contact us if you would like to arrange for an appointment with the Director of Gift Planning to learn more about providing for The Endowment for Inner-City Education in your estate plans.
