Naming Opportunities - To make a secure gift online please click
here.
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 Regognition and Naming Opportunities Book.
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, and return the enclosed campaign envelope or contact the Office of Development and Alumni Relations at 212.431.2800 to learn about additional giving opportunities.
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 at www.nyls.edu/breakingnewgroundagain or by
calling the office directly.
Marketable Securities
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.
Retirement Assets
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.
Bequests
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, or
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.
Life Insurance
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.