Donations and Planned Giving

*** Special Giving ***

The Countdown Continues…#GivingTuesday is Less Than 2 Weeks Away!!!

#GivingTuesday is coming up fast! The Financial Women’s Association needs your help in reaching underserved students, especially students within disadvantaged populations, who are at risk of not graduating from high school or will struggle to find a sustainable career. Their future depends on us. We are asking you to mark your calendars for Tuesday, November 27th, a global day of giving back during the holiday season, to help support our mission by donating to a cause that you believe in.

To read more about our students and their mentors, click here.

Individual Donations

To make an individual donation online, please click here.

Stock or Securities: For instructions to transfer securities, please contact Ria Davis, Executive Director, at  rdavis@fwa.org.

Matching Gifts

Also, many companies match employee donations. Please check with your personnel department to see whether your firm has a corporate gift matching policy that will enable your gift to go further. Once you do, contact Executive Director Ria Davis at rdavis@fwa.org.

* Contributions to the FWA of New York, Inc., a 501(c)(3) charitable organization, may be considered as a tax deductible donation.



Planned Giving and Legacy Donation – The 1956 Circle

The 1956 Circle™ is named for the eight enterprising women on Wall Street who met to share their professional experiences and further their knowledge.

The 1956 Circle™ recognizes and honors the generosity of donors who have made a commitment to include the FWA in their estate planning, through a planned gift or by making provision for the FWA in their estate plan. We hope you will consider supporting the FWA by including the FWA in your estate plans and becoming a member of the 1956 Circle.

Bequests: Bequests are an easy and popular way to leave money for a charitable organization. You may use the following language to name the FWA of New York, Inc. as a beneficiary in your will:

“I bequeath to the FWA of New York, Inc. (tax ID number 13-3092258*), a nonprofit corporation of the State of New York, having its principal offices at 25 East 21st Street – Floor 6, New York, NY 10010, the sum of $_____________ (or otherwise describe the gift or specify a percentage of the estate) to be used by said corporation for its general purpose.”

NOTE: It is best to seek legal counsel for further questions about bequests.

CLICK HERE for additional examples of Bequest language and for the 1956 Circle™ Planned Giving Form.

Life Insurance

Life insurance policies are often overlooked as assets and means of charitable support.  There are two ways to donate life insurance:

  • Make the FWA of New York, Inc.* the owner and beneficiary of a fully paid up new or existing policy. (NOTE: The value of the policy is determined by IRS rules.)
  • Make the FWA of New York, Inc.* a beneficiary, but not the owner, of a new or existing policy.

Beneficiary Designations: Naming a charitable organization a beneficiary of an IRA, 401(k) or other retirement plan provides tax advantages to an estate.

For more information, please contact Ria Davis, Executive Director, at rdavis@fwa.org.

Gift to the FWA through your IRA

gift-giving_sm The Charitable IRA Rollover Law has been extended and made permanent. If you have to take a required minimum distribution from your IRA, you can make a gift directly to the FWA (up to $100,000) and it reduces your ordinary income. Contact your IRA Administrator with instructions to make this gift to the FWA of New York, Inc.

This is not legal or tax advice.  Please contact your own accountant, lawyer or financial adviser as to your individual situation prior to taking any financial actions.   And if you have questions about where to send the money, please contact Ria Davis, Executive Director, at rdavis@fwa.org.

 

Certain planned giving and estate planning arrangements can also provide efficient tax planning now and in the future. Please consult your financial professional.



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