Charitable Gift Annuity
If you have the desire to give but still have the need to retain income, a gift annuity is a very common and easy way to donate to The AMC while doing so. It is a straightforward contract in which you donate assets in exchange for guaranteed, fixed payments to you and/or another person for life. What is left of the remainder from the annuity will benefit The AMC, helping to support our work and mission.
Charitable Remainder Trust
Like a charitable gift annuity, with a charitable remainder trust you make a gift and receive lifetime income. But because it is a tax-exempt entity, capital gains tax is avoided when appreciated assets are transferred to the trust and when they are sold by the trust. As a result, the full market value of the asset is put to work first for you and ultimately for The AMC. In addition, you receive an income tax charitable deduction for a portion of the trust funding amount, which can be used immediately to save on income taxes.
We want to thank you! If you have already named The AMC as a beneficiary in your estate plan, please let us know. We want to thank you for your thoughtful planning and invite you to join the Ellin Prince Speyer Legacy Society.
For more information about our giving opportunities, please contact the Development Office at (212) 329-8660.