Creating Your Legacy
The simplest way to leave your mark in our community is by including us in your estate plans, either in your will or trust. A bequest does not take away from your assets or cash flow during your lifetime, and it is deductible for federal estate tax purposes. As an organization destined to be a structural hallmark that will affect the lives of a broad spectrum of our community and beyond through its programming your legacy giving will guarantee you receive the notice you deserve.
We celebrate our major donors through a variety of naming rights vehicles. We have established various ways to recognize our donors at different levels of giving, and are open to working with our donors to customize other methods of recognition to meet your preferences. Contact us to begin a conversation to creating your legacy today.
Suggestions for creating your legacy may include:
- Designating a Retirement Plan
You may choose to designate all or a portion of your IRA, 401(k), Keogh, SEP or other qualified plans to the community center. All that is necessary is to request a change of beneficiary form from your plan administrator and include Uniondale Neighborhood Center, Inc. (dba: John J. Byrne Community Center | UNIONDALE) (tax identification number 11-2815433) as the beneficiary.
- Life Insurance
If you designate Uniondale Neighborhood Center, Inc. (dba: John J. Byrne Community Center | UNIONDALE) as the beneficiary or owner of a life insurance policy, the proceeds would not be subject to estate tax upon your death. You also may choose to transfer ownership of the policy to the center during your lifetime, which may qualify you for an income tax charitable deduction. If the policy is not fully paid up, your future premium payments would be tax deductible.
- If you designate a bequest:
Specific bequest - choosing a specific dollar amount or asset.
Residual bequest - directing a percentage or the remainder of the estate to our organization after other specific bequests.
Note: The language we recommend using for your will may be found here.
- Directing Endowment Gifts with Uniondale Neighborhood Center, Inc. as grantee beneficiary through Vanguard Charitable Endowment Program
WHY VANGUARD CHARITABLE MAKES SENSE FOR CORPORATE INSTITUTIONS?
DONOR-ADVISED FUNDS FOR CORPORATIONS
Foster corporate philanthropy
A growing number of companies are integrating corporate citizenship into their overall business strategy. While their reasons for participating in corporate philanthropy may vary, these companies understand that "giving back" is vital to maintaining a positive impression with customers and employees.
A giving solution
With more than $200 million in assets in their corporate services program, Vanguard Charitable is one of the leading nonprofit organizations to offer companies both a unique benefit for their executives and a convenient, flexible way to fulfill their corporate philanthropy goals. With their help, you can support your community and business initiatives, while rewarding key employees with favorable access to their philanthropic accounts.
As a national donor-advised fund we work with a broad base of donors, including many mid-to-large-size companies, and together we consolidate, accrue and grant assets to charity.
A dream of mammoth proportions for our community that involves the construction of a proposed $25,000,000, 45,000 square foot, two and a half story state-of-the-art, environmentally friendly facility.
We intend to raise the funds necessary to accomplish this primary task through a combination of funding options for which we need your help, as individuals and corporations.
Here, at John J. Byrne Community Center, we feel that no public good should go unnoticed, and while we regularly freely pay homage to our community leaders, we are always especially enthusiastic to pay public recognition for the financial support we receive.
How do we recognize you?
Therefore, it only follows that we pay special public (optional) recognition, and in a variety of ways for the level of your financial support!
The funding options include:
Donor Appreciation Tree of Life, displaying the Names, In Memorium, Tributes, and Honors of those who have generously contributed at certain levels.
Donor Wall, displaying the Names, In Memorium, Tributes, and Honors of those who have contributed at certain levels.
You benefit, as an individual or corporation by the applicable Tax-Benefits, Brand-Awareness, Fan Loyalty, Free Advertising and other benefits that may accrue as a result.