OUTRIGHT GIFTS
Outright gifts immediately benefit City College--and give you immediate and future tax deductions. They can be gifts of cash, securities or tangible assets.  Depending upon the size of your gift, you may pledge to pay over a period of up to five years.  In addition, you can increase the size of your gift through your employer’s matching gift program.

PLANNED GIVING
You can make a larger gift to the City College of New York than you would have thought possible, earn income for life, and gain tax advantages with gift planning. Planned gifts include bequests, annuities and trusts that pay income for life, and gifts of retirement plan assets, life insurance policies.

Bequests: Simply add a codicil to your existing will, designating a specific dollar amount or percentage of your estate to City College.  Suggested language is:

I give, devise, and bequeath the sum of $___ for the benefit of The City College of New York 21st Century Foundation, Office of Development and Institutional Advancement, Room S-154, 160 Convent Avenue, New York, NY  10031.

or

I give, devise, and bequeath ___% of my gross estate for the benefit of The City College of New York 21st Century Foundation, Office of Development and Institutional Advancement, Room S-154, 160 Convent Avenue, New York, NY  10031.

GIFTS THAT PAY INCOME

Charitable Gift Annuities
Charitable Gift Annuities provide you with a fixed income for life.  You receive an immediate tax deduction and, if you give through appreciated securities, you avoid capital gains taxes. 

Charitable Remainder Trust
You can create a Charitable Remainder Trust with your attorney or financial advisor, transferring assets such as stocks, mutual funds, or real estate to City College.  Your plan gives you tax advantages and income for life and will remove assets from your estate, reducing estate taxes.  New legislation makes this easier and more beneficial than ever.


Retirement Plan Assets
IRAs,401(k)s, 403(b)s and other retirement plans are the most heavily taxed assets that can be left to your heirs, with the exception of your spouse.  Income, estate, and excise taxes can lead to a loss of more than 75% of your plan’s assets.  Naming City College your survivor beneficiary removes these highly taxed assets from your estate, and enables you to leave lesser-taxed assets to your heirs.  New legislation makes this easier and more beneficial than ever before.


Life Insurance Policies
You may no longer need to cover your children’s education, your home mortgage, or other expenses you anticipated earlier in your life.  If you donate a fully paid-up policy, naming City College irrevocable owner and beneficiary, you may take an income tax deduction equivalent to its cash value.

THE SOCIETY OF 1847
The City College of New York has created The Society of 1847 to honor our alumni, faculty members and friends who support CCNY through bequests, annuities, trusts or any of the other gift planning vehicles described above. Members of the Society will be invited to take part in the College’s Commencement exercises and will be honored guests at College lectures, seminars and special events.

If you have already provided for City College in your will or trust, you will be a charter member of the Society of 1847.  Please let us know and we will enroll you as a member of this prestigious group.

LET US WORK TOGETHER
We are happy to work with you to arrange the gift that suits you best.  Please contact Executive Director Rosemary Weiss at 212-650-7178 or rweiss@ccny.cuny.edu, and let us, in confidence and without obligation to you, discuss the many way you can help City College--and City College can help you!