Leave a Legacy
Including Friends of Karen in your estate plans means you’ll make an impact well into the future.
Consult your attorney or financial planner about the best way to create your legacy gift, such as:
- Bequest – download form here.
- Designation – name Friends of Karen as a full or partial beneficiary of a life insurance policy, bank account or brokerage account.
- Securities – name Friends of Karen as a beneficiary of stocks, bonds and/or other investment assets.
- Retirement Plan – name Friends of Karen as a beneficiary of a tax-deferred IRA, 401(k) or 403(b).
Giving from a retirement account
Individuals 70½ or older may donate all, or a portion of, their required minimum distribution (RMD) to Friends of Karen. This is called qualified charitable distribution or QCD. Qualified charitable distributions do not provide a charitable deduction for taxpayers, but when a check is sent directly from your IRA to a charity, it allows the donor to exclude the amount from taxable income. There is a $100,000 QCD limit per account owner and donations must go directly from your IRA to Friends of Karen.
Please contact Sr. Philanthropy Manager Gabriella DiSisto or
call 914-617-4047 to discuss legacy options.
