Planned Giving

Welcome to your resource for Charitable Gift Planning!

Thank you for your interest in Animal Care & Control of NYC. We hope you will consider remembering Animal Care & Control of NYC in your will or estate plan. With your help we can continue to support our programs and services, including receiving and adopting animals, educational outreach programs, veterinary care, and more.

AC&C EIN#: 13-3788986

Gifts that you can make:

  • Bequests
  • Outright Gifts
  • Real Estate
  • Life Insurance
  • Publically traded securities

BEQUESTS/WILLS

Bequests can be designated as:

    1. A percentage of your estate
    2. A specified dollar amount of described property
    3. Residual of your estate
    4. Contingent upon the occurrence of an event

Bequests make funds available for Animal Care & Control of NYC’s immediate use and allow donors to take advantage of the income tax-deductibility.

Giving charitably in your will or trust agreements can also enable you to provide long-term financial security for your families and loved ones, perpetuate your values, and support the vital work of Animal Care & Control of NYC.

When considering adding Animal Care & Control of NYC to your will, you can specify that the remainder of your estate go to Animal Care & Control of NYC after your family and friends have been taken care of, or it can specify that Animal Care & Control of NYC receives a predetermined, fixed gift, whether in cash, securities, property, or valuables.

If you have executed your will or estate plan, remember that you can amend them easily through with a codicil like the one below, which must be executed, signed, and witnessed in accordance with state law.

Sample codicil language:

“I give, devise, and bequeath to Animal Care & Control of NYC for its general purposes [or specify endowment, special uses, or restrictions] all [or state fraction or percentage] of the rest, residue, and remainder of my estate, both real and personal.”

Remember that by giving a legacy gift through your will/estate plan you will benefit from:

Extending your legacy by making it possible for AC&C to continue to serve the pets and people of New York City

  • Reducing your taxable estate through this charitable gift

SAMPLE BEQUEST LANGUAGE

Donate a Percentage of Your Estate
I give and bequeath to Animal Care& Control of NYC, a non-for-profit organization existing under the laws of the State of New York and currently located at 11 Park Place, Suite 805, New York, NY 10007, ___% of my estate to be used in support of its charitable programs.

Make A Specific Dollar Bequest
I give and bequeath to Animal Care& Control of NYC, a non-for-profit organization existing under the laws of the State of New York and currently located at 11 Park Place, Suite 805, New York, NY 10007, the sum of $____ to be used in support of its charitable programs.

Give the Residue of Your Estate
All (or a specific percentage) of the residue of my estate I give and bequeath to Animal Care& Control of NYC, a non-for-profit organization existing under the laws of the State of New York and currently located at 11 Park Place, Suite 805, New York, NY 10007, to be used in support of its charitable programs.

If you have any questions about making a bequest to Animal Care and Control, please email donate@nycacc.org

OUTRIGHT GIFTS

Outright Gifts are:

  • Cash and checks
  • Securities
  • Personal property
    • Jewelry and gems
    • Works of art
    • Vehicles
    • Stamp collections
    • Art work
    • Vehicles
    • Collections
    • Inventory
    • Real estate
    • Computers
    • Business equipment

Some outright gifts require a legal transfer of title. In most cases, an income tax deduction is allowed for the full market value and capital gains taxes are therefore avoided. This will reduce the cost of the gift to you.

LIFE INSURANCE POLICIES

This is a relatively inexpensive way for you to leave a significant gift to AC&C. A new policy may be taken out on the life of a younger donor to create a major, deferred gift to AC&C. In this instance, the cost of the premium will be a small fraction of the face value of the policy.

Another option is to modify an existing policy: you may have an existing policy that you no longer need for its original purpose (i.e. to ensure your child’s education). In changing the policy ownership and beneficiary to AC&C, you can contribute the premium amount to the charity and the policy’s face value will not change. If you choose not to continue payments, the face value or “paid up insurance” value may be significant.

Remember, your tax deductions are equal to the cash/replacement value of premiums paid depending on the type of policy you have.

PUBLICLY TRADED SECURITIES

There are so many ways that you can give a gift to AC&C. Stocks or bonds traded on the stock exchange that have grown in value qualify for charitable contribution deductions (based on fair market value) and may avoid tax on the appreciated portion of the gift.