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Make your financial support of St. Luke's more cost effective
...through planned and deferred gifts!
For those patrons interested in maximizing their financial support of St. Luke's, consider a planned or deferred gift instead of writing a check. Ask your accountant, financial planner or tax attorney about gifts of appreciated assets like stocks and bonds, insurance and property. By donating these assets directly to St. Luke's you may avoid capital gains otherwise due upon sale and benefit from an immediate tax deduction.
As we all know, some investments have decreased in value over time. Although disappointing, this situation can actually provide another opportunity to give. Consider selling the investment and making a deductible gift with the cash proceeds. The loss may create a tax deduction on top of the one you will already receive for your contribution. The combined deductions may amount to more than the current value of the investment!
Deferred giving through bequests, charitable lead trusts and charitable remainder trusts may offer special tax advantages. In addition to supporting St. Luke's, often these arrangements provide an immediate tax deduction and income to you or another beneficiary. There are so many options to consider that we urge you to consult your financial advisors to discuss the one that is right for you.
For further information regarding planned and deferred giving, please call Stacy Wilson Margolis, Director of Development, at 212-594-6100.
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Planned Giving