Begin Your Legacy with Us

Planned gifts are long-range contributions that will ensure the longevity of our organization and sustain our important work with kids.  There are many options for leaving a planned gift to the Club. Consult your financial planner or attorney as to which vehicle would work best for you.

• In your will or living trust: A simple charitable bequest can provide very meaningful support for our mission as well as reduce the amount of estate and inheritance taxes paid. Bequests may be specific assets or amounts, or they may be proportional or residual in nature.  To help you get started on your plans and legacy, you can use FreeWill, an online tool that guides you through the process of creating your will or trust. It’s easy to use, accessible online and can be completed in 20 minutes.   Already have us in your will?  Let us know HERE.  

• Non-Probate Assets: Do you have an IRA, 401(k), life-insurance policy, or any other assets not included in your will? If so, these are called non-probate assets and you must plan your beneficiaries for them separately. Click HERE to make your plans and designate us as a beneficiary of one or more of these assets.
  • ​A new or existing life insurance policy:  Many people have life insurance policies that are no longer needed for their original purposes. Such policies can be given to the Boys & Girls Club and an income tax deduction can be taken for the cash surrender value. Plus the annual premiums on a new or existing policy given to the Boys & Girls Club irrevocably may also be tax-deductible. Without giving up ownership of your life insurance policy, you can still designate the Boys & Girls Club as a whole or partial death beneficiary. Contact your insurance company for a Change of Beneficiary form or click below.
  • ​A gift of retirement benefits.  Naming the Boys & Girls Club as primary, partial or contingent beneficiary of your retirement plan is a simple, practical gift idea. Contact your plan custodian for the proper beneficiary change form or click below.

Name your Beneficiaries

• A gift of stocks, bonds and financial accounts.  Donating stocks allows you to avoid capital gains tax and often take a charitable deduction for the full value of the asset. Use this online stock tool from FreeWill to donate stock so we can track your gift, send you the correct receipt, and you can get the tax savings you deserve. If you would prefer to make your donation through your broker, access the online stock tool to transfer information and to notify NFBGC of your gift.​

• Save on taxes by giving from your IRA: www.freewill.com/smartgiving/nfbgc?product=QCD&utm_source=partner&utm_medium=followup&utm_campaign=spring24quiz_qcdIf you are 70.5 or older, giving from your IRA can help reduce your taxable income — and for those over 73 who must take a Required Minimum Distribution (RMD), an IRA gift is a simple way to fulfill it! Use this tool to give from your IRA, you can auto-complete your paperwork and we can track your gift to send you the proper tax receipts.

• ​Easily make a grant from your Donor-Advised Fund:  Donor-Advised Funds (DAFs) are investment accounts for the sole purpose of supporting charitable organizations today. Use this secure DAF link to: 
  
  • Automatically links with your DAF
    
  • Allows you to recommend how you’d like your gift to be used
    
  • Notifies NFBGC of your intentions 

• Now accepting Cryptocurrency donations: We now accept donations of Ethereum, Bitcoin, and other cryptocurrencies! This gives us one more way to fund our work and can provide you with extra tax benefits. Give Cryptocurrency today!

Call Rebecca Vincheski ([email protected]) at (716) 282-7181 and/or consult your attorney or financial adviser for more information on these gifts to the Endowment Fund!