There are many worthy charitable organizations and institutions that are in need of financial support. That’s why Manhattan College is especially thankful for your gifts and wants to acknowledge your special generosity.
In addition to saying thank you, we would like to share information that can help assure the maximum effectiveness from your gifts. By spending a few minutes carefully considering the form and timing of your giving, you may find that you can have an even greater impact now and in the lives of future generations of students.
Properly timed gifts of cash and other appropriate property can result in significant reductions in your federal income taxes. For example, gifts of publicly traded securities and certain other assets that have increased in value since you have owned them can be given while providing relief from capital gains tax.
Provisions in 2001 and 2003 federal tax legislation made sweeping changes designed to result in millions of taxpayers having more income to save, spend or give. We will be happy to supply you with an additional information about the impact of this legislation.
Your will, living trust, retirement plans and other gift and estate planning vehicles can provide additional opportunities for you to support Manhattan College and other charitable interests. Charitable gifts included in estate plans can result in significant tax savings as well. Tax law changes in effect as of Jan. 1, 2004 mean the elimination of federal estate tax liability for many Americans. This could make more assets available for loved ones and your charitable interests.
Your generosity helps assure continued excellence. If you would be interested in making a gift with ongoing impact, consider:
To plan for an estate gift, please contact Mary Ellen Malone at 718-862-7976 or email@example.com.