Madison Legacy Society

MADISON

LEGACY SOCIETY

“It takes a noble person to plant a seed and grow a tree that will one day provide shade to those whom one may never meet.”

- D. Elton Trueblood

THE POWER OF PLANNED GIVING

Madison Square Boys & Girls Club Foundation’s sole purpose is to raise funds to support the mission of Madison Square Boys & Girls Club to save and enhance the lives of New York City boys and girls who by reason of economic or social factors are most in need of its services.

Help ensure long-term sustainability for Madison Square Boys & Girls Club Foundation

Support Madison's future members and strengthen Madison's Clubhouses for the next generation

Leave a powerful legacy

PLANNED GIVING AND YOU

The future of Madison’s Clubhouses will be built on today’s planned and deferred gifts. If you are planning to include Madison Square Boys & Girls Club Foundation in your plans, we hope you will let us know. Providing us with notice of your intention is the best way to help us plan ahead and ensure that your gift is used just as you wish.

TYPES OF PLANNED GIFTS AT LIFE END

Bequests through a Will or Revocable Trust

A donation through your will or revocable trust is one of the most popular and flexible ways that you can support Madison Square Boys & Girls Club Foundation.

Beneficiary Designations

A beneficiary designation is a simple and affordable way to make a donation to support Madison’s mission. You can designate Madison Square Boys & Girls Club Foundation as a beneficiary of a retirement, investment or bank account or life insurance policy. Donations to Madison Square Boys & Girls Club Foundation at life end will qualify for the federal estate tax charitable deduction and may result in significant estate tax savings to the donor's estate.

TYPES OF PLANNED GIFTS DURING LIFE

Stocks, Bonds, Real Estate or Assets

A donation of stocks, bonds, real estate and other assets to the Foundation is a simple way to provide an immediate and valuable benefit to the Foundation. A donor may be eligible for an income tax deduction equal to the fair market value of assets held for more than one year before donation (certain restrictions apply). This can be a very tax-efficient way to utilize highly appreciated assets without incurring a tax burden.

IRA Contributions

A donor who is 70 1/2 or older may direct up to $100,000 from an IRA to the Foundation and receive credit toward their required minimum distribution each year. While an income tax deduction is not available to the donor, the donor may receive tax savings because the amount directed will not be taxable income.

Charitable Remainder Trusts

Charitable Remainder Trusts allow for a donor to sell appreciated assets and defer recognition of the taxable gain, in some cases, for many years. The proceeds of sale can be reinvested in a diversified portfolio and will provide a stream of payments for life or a term of years to the donor (and possibly the donor’s spouse), with the balance of assets on hand (known as the remainder) passing to the Foundation at the time of trust termination without any income or estate tax burden. The donor may also be eligible for an income tax deduction for a portion of the value contributed to the trust at inception.

HOW TO MAKE A PLANNED GIFT

1 .

Contact your attorney and/or your financial adviser. Let them know you are considering a planned gift to Madison Square Boys & Girls Club Foundation. They can assist you in determining what type of gift best suits your personal and financial circumstances. The Foundation does not provide tax or other legal advice and donors must obtain advice from their own advisers.

1. 2.

Complete the online Planned Gift Intent form to join the Madison Legacy Society.

MADISON LEGACY SOCIETY BENEFITS & RECOGNITION

MEMBERS OF THE MADISON LEGACY SOCIETY WILL RECEIVE THE FOLLOWING BENEFITS AND RECOGNITION:

• Personalized welcome package

• Complimentary tickets to one of Madison's signature special events

• Listing of your name in the Annual Report

• Option to be featured in Madison's monthly newsletter

• Gifts at a certain level are eligible for Clubhouse room naming rights