PLANNED GIVING
Since 1886, planned giving to University Settlement has helped to ensure the long-term future of the vital services we provide.
Thank you for considering a planned gift to University Settlement! The giving opportunities highlighted here are for informational purposes only and are not wholly comprehensive of all planned giving options. Please make sure to speak to your lawyer or tax specialist before deciding on the type of gift that best fits with your overall financial planning.
Feel free to reach out with any questions. Should you need it for planning purposes our official contact information and EIN number are as follows:
University Settlement Society of New York
184 Eldridge Street,
New York, NY 10002
EIN Tax ID # 13-5562374
For more information please don’t hesitate to reach out to amargolies@universitysettlement.org or call 212-453-0294
Bequests
University Settlement is grateful for bequests that may be used immediately upon receipt and where most needed. The donor receives an estate tax deduction for the full amount of the bequest.
There are three ways to make a bequest:
Designate a specific dollar amount or specific percentage of the total estate to University Settlement.
After paying all debts, taxes, expenses, and specific bequests, transfer the remainder of your estate to University Settlement.
Designate that University Settlement receive all or a portion of your estate only under certain circumstances. For example, you can name University Settlement as a beneficiary of your estate only if there are no surviving close family members.
Life Insurance
Life insurance is a valuable and often overlooked asset that can be donated in a philanthropic estate plan.
This enables the donor to make a large future gift at small present costs; by retaining ownership, the donor controls the asset, has the ability to invade the policy value in an emergency and change the beneficiaries. No immediate tax benefit is realized. In time, the value of the policy is added to the gross value of the rate and an estate tax charitable deduction would be levied for the proceeds paid to University Settlement.
Stock and Mutual Funds
Donating appreciated securities – such as stocks or mutual funds – is a tax-smart approach to show your support of our work. It can have many benefits, including avoiding federal or state tax on the capital gains; receiving an income tax deduction for the full market value of the gift if you itemize your tax return; and making a more substantial gift to us at a lower original cost to you. It’s a great way to advance a cause you care about for both you and us – and we couldn’t be more grateful.