Ways You Can Help: Many Options and Benefits to Giving

Contributions to The New York Eye and Ear Infirmary may be made in a number of ways, each offering benefits to you as well as to the hospital.  Donors are asked to consider the tax benefits that can be gained from gifts of appreciated securities, real estate, life insurance policies, art works, antiques and other personal, tangible property. A wide range of commemorative giving opportunities are available and all gifts will be appropriately recognized. Several of the most common means of philanthropy are described below:

• Cash Gifts – Outright gifts of cash are the most common form of donating to The New York Eye and Ear Infirmary.  Contributions may also be made through your Visa, MasterCard, Discover or American Express.
• Bequests – Special gifts made through wills are the most straightforward form of estate giving and may specify a fixed dollar amount or bequeath a percentage of an estate.
• Life Insurance – You can stretch your charitable giving power through a life insurance gift. Such gifts offer convenience and flexibility and may result in a significant tax benefit.
• Individual Retirement Account (IRA) – Another long-range plan for donating to The New York Eye and Ear Infirmary is through your IRA. As with insurance, you can designate the hospital as your final beneficiary to receive any funds remaining after you no longer need them.
• Securities – Gifts of stocks and bonds are another frequent means of contributing. In periods of rising markets, securities may be a particularly attractive method of giving.
• Charitable Gift Annuity – If you wish to make a gift, but first want to provide an income during your lifetime or that of your family, a charitable gift annuity may be of interest.
• Real Estate and Other Property – Many types of property, such as real estate, art, jewelry, collections, business inventory, and other items of value may be donated. With real estate, it is even possible to donate your home, but you continue to live there as long as you wish.
• Additional Information – Remember, tax and estate laws change frequently. It is important to consult with your attorney and tax advisor before considering a bequest or gift of property, securities or insurance policies.

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