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All NYPL locations will close at 5 PM on December 24 and will be closed on December 25.

Your Library Needs You!

Planned Giving

 Jane HofferCenter photos: Jane Hoffer

Planned Giving

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The popular IRA Charitable "Rollover" is back for 2014--but only until December 31!

Congress has extended the IRA charitable rollover for 2014, both to cover qualified transfers made earlier this year and ones made before year end.  
 
This opportunity allows IRA holders aged 70 1/2 or older to donate up to $100,000 of IRA assets to one or more qualified charities, including The New York Public Library.  These transfers are excluded from income, so may lead to savings on taxes of Social Security benefits and net investment income and may also reduce Medicare premiums due.  The transfers also count as required minimum distributions.
 
If you are interested in this opportunity, please contact your IRA administrator right away to confirm what paperwork and other steps they require.  A sample letter to send to your IRA administrator directing such a transfer to the Library is attached below.  If you have any questions, please contact us.

IRA rollover letter to IRA administrator 2014.doc

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Learn how to leave your legacy at one of our upcoming Estate and Gift Planning Seminars! Click here for more information.

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Did you grow up with the Library?  Do you use your local branch or one of our world-class research libraries?  If so, help ensure that The New York Public Library remains a vital civic asset for future generations or New Yorkers by making a planned gift.  Add your legacy to those of our 19th-century founders—John Jacob Astor, James Lenox, and Samuel Tilden—and the thousands of others since whose financial support has allowed the Library to maintain its tradition of excellent and free public service.

How can you help to ensure the Library’s future?  By including the Library in your estate and financial plans in one of following ways: 

Writing My Will

Include the Library in your estate plan; it’s easy to do even if you already have a Will.

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Charitable Gift Annuity

Charitable Trusts

Other Planned Gift Options

Consider leaving assets in your retirement plan, life insurance policy, and other financial accounts to the Library.  It’s a simple and tax-efficient way to fund your legacy.

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Bigelow Society

Do any of these and become a member of the Library’s Bigelow Society, giving you access to special Library events and programs.

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Contact Planned Giving Staff

We look forward to working with you as you consider your legacy for the Library.

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