On these pages you will learn about Breaking New Ground. Again., New York Law School’s groundbreaking capital campaign, and how you can help the Law School grow to new heights. Our goal is to raise $100 million over the next seven years for New York Law School’s endowment, which will provide the foundation to achieve the following:
To make a New York Law School education more affordable for every student we admit and to increase the size of our faculty.
Our endowment currently provides $1 million per year in scholarships. Our goal is three times that. Our average graduate begins work with $120,000 of debt. We must make our education more affordable for them, and for all who share our deep commitment to justice and the rule of law but who now reluctantly forego this education because they can’t take on that kind of debt. Every graduate must be free to follow the career of his or her choice without shouldering loans in excess of what many of us paid for our first homes. Focused, continuous scholarship support can help make this a reality.
Additionally, New York Law School has always pointed with pride to our world-class faculty. Our faculty boasts impressive professionals and academics who challenge students in intellectual discussions, collaborate with them on real-world projects, and create opportunities for them to make a difference in the world even before they complete their studies.
We need to swell the ranks of our faculty in order to fulfill our promise to offer the right program for each student, and provide members of the next generation with a bridge to their futures. Implementing our new program requires that we reduce our student-faculty ratio dramatically. To build out our centers and the Writing Program, we must attract new, top-caliber educators who are committed to our students and to making these centers set the standard for all other law schools.
As the demands of the profession change, the need for faculty with greater specialized knowledge increases as well. We are deeply committed to recruiting leading professionals from a wide range of fields who demonstrate impressive expertise as scholars, researchers, and activists, and possess a sincere desire to work side by side with students—as mentors and as partners. With your support, we can expand our faculty and be better prepared to meet the needs of all of our students.
Keep New York Law School current with the latest technology.
We know that technology is the key to adding value in the future, opening up revolutionary new possibilities in business, law, and government. New York Law School’s custom-designed, state-of-the-art facility will be a leading destination for generations of law students to come. While our new facility is now complete, we must make sure it will always maintain its edge. Your support will provide the endowment funding needed to bring the latest technological innovations to the study of law today and in the future.
Deliver close supervision and hands-on training to all of our students, giving them the education they need and deserve, and our society of skilled professionals who will make an immediate impact.
We have already taken huge strides to expand our experiential learning curriculum, doubling our clinical offerings in 2013. We must continue to expand the base and scale of practical-skills learning opportunities to encompass the rest of the student body, so that when participating students graduate, they will have an edge in the marketplace. All we need to make it happen is you. Your campaign support will ensure a cutting-edge collaborative learning curriculum that expands how our students can learn and teaches them how to harness technology to help them visualize and solve problems, and deliver positive results in their careers.
Over 100 naming opportunities are available to support the Capital Campaign and encompass all aspects of the place, program, and people that make New York Law School the incredible institution that it is. Please click here to download our full Donor Recognition and Naming Opportunities Book.
To make a secure gift online, please click here.
Other Ways to Give
You can contribute any number of assets to New York Law School for your charitable gift to the Breaking New Ground. Again. Capital Campaign, and you can make your gift in installments over a period of up to five years. New York Law School most commonly receives the following assets, any of which may be ideal to accomplish your financial and estate planning objectives. However, other options exist as well. Please take a moment to review the list of commonly donated assets below. For questions, or to learn about additional giving opportunities, contact the Office of Development and Alumni Relations at 212.431.2800.
Gifts of Cash
Making a donation of cash is as simple as writing a check or authorizing a charge on your credit card. Checks or money orders can be sent directly to the Office of Development and Alumni Relations, and secure credit card gifts can be made online here or by calling the office directly.
Stock that has increased in value is one of the most popular assets used for charitable giving, once it has been held for a minimum of one year. Making a gift of securities to New York Law School offers you the chance to help the Law School while realizing many important benefits for yourself. A gift of listed stocks, bonds, or other publicly traded securities held for more than one year provides you with a double tax benefit:
You avoid capital gains tax on the appreciation; You receive a charitable income tax deduction for the full fair market value of the securities, not just the price you paid for the securities. Gifts of appreciated securities are deductible up to 30 percent of your adjusted gross income, and any unused portion of the gift may be carried forward and deducted within the succeeding five years. If you would like to make a gift of stock, please contact the Office of Development and Alumni Relations to request a stock transfer form.
You can create a legacy by naming New York Law School as beneficiary or contingent beneficiary of an IRA, 401 (k), 403 (b), Keogh account, or other retirement plan. When a retirement account is left to a charity, the organization does not pay the income tax otherwise due if left to a friend or family member. For very high net worth individuals, assets in these accounts may be taxed twice if they are part of your estate, resulting in asset depletion. To make such a gift is easy—it requires only completing a change of beneficiary form. There will be no fees involved, and it does not require any work on the part of an accountant or attorney.
Your bequest to New York Law School through your will or living trust can take a number of forms. You can bequeath a specific dollar amount, or a portion of what remains after your obligations to others are fulfilled. Through your bequest you can establish a permanent named fund for scholarships, program support, professorships, or achieve other goals.
Closely Held Securities
Closely held stock is often highly appreciated, especially if the corporation has grown from an individually owned or family-owned company. The potential capital gains tax on the stock’s appreciation may make a sale prohibitive. However, by giving the closely held stock to New York Law School, you receive an income tax deduction for the full fair market value and avoid all capital gains (provided you held the stock for over one year and the Law School has no obligation on the sale of the security).
Gifts of Real Estate
You may donate a residence or other real estate to New York Law School. Gifts of real estate may offer considerable tax savings. You can make the gift immediately available to the Law School, or you may wish to donate the property but retain use of it during your lifetime. If you are considering such a gift, please call the Office of Development and Alumni Relations, and we will be glad to explore with you how such a gift can combine your charitable and financial objectives. Please note: New York Law School must accept and approve any gift of real estate before the transfer of such a gift can be finalized.
If you have individual life insurance policies that are no longer needed to protect family members or a business, you can transfer them to New York Law School, with the Law School named as the owner and beneficiary. You can claim an income tax deduction for the lesser of either the policy’s replacement value (approximately the cash surrender value) or your cost basis (total premiums paid, less total dividends received). You may also purchase a new policy and name New York Law School as the owner and beneficiary. Additionally, the payment of premiums on behalf of the School will enable you to claim income tax deductions.
Our new building has changed the face of the Law School dramatically. We welcome all alumni to tour the new building. To schedule a tour please contact the Development Office at 212.431.2800 or email firstname.lastname@example.org.