Planned Giving
The John H.T. & Sandra Wilson Legacy Society
Bequests | Brokerage Accounts | Life Insurance | IRA/Pension Plans | Other Options
John H. T. Wilson, former Board Chair and dedicated leader, served on Union Settlement’s Board and Advisory Council for over 40 years. A leading investment banker, John Wilson worked for 33 years at Morgan Stanley before beginning a second equally distinguished career in public service and philanthropy. Union Settlement honors his outstanding leadership, generosity, and commitment to Union Settlement’s work with the East Harlem community, along with the support of his wife Sandra Wilson, through its planned giving program: The John H. T. and Sandra Wilson Legacy Society.
John Wilson understood that the challenges facing East Harlem’s underserved community are long-term and far transcend one decade or generation. Through his own remarkable bequest, John Wilson demonstrated his support for the future work of Union Settlement and launched planned giving as his legacy.
Union Settlement Association welcomes planned gifts to provide for the long-term needs of the East Harlem community. We hope you will become a member of the John H.T. Wilson Legacy Society by making Union Settlement a part of your planned giving and helping to ensure that Union Settlement flourishes for generations to come.
Support Union Settlement through a Planned Gift
Bequests are a simple way to create a legacy that will allow Union Settlement to continue to serve the East Harlem community. You may wish to share the following suggested wording with your attorney:
“I give and bequeath the sum of $____ (or ___% of my estate) to Union Settlement Association, 237 East 104th Street, New York, New York 10029 to be used for its general purposes.”
Brokerage Accounts and Mutual Funds
It is easy to make Union Settlement Association the beneficiary or contingent beneficiary of your brokerage account, stock, bond or mutual fund. If you have a brokerage account, you can simply ask the brokerage firm to provide you with a beneficiary designation form. If you do not use a broker and instead have funds invested in a stock, bond or mutual fund, you can get a beneficiary form from the company, and in many cases can simply add Union Settlement as a beneficiary online. Our full legal name is Union Settlement Association and our Employer Identification Number (tax identification number) is 13-1632530.
Life Insurance
Union Settlement Association accepts outright gifts of life insurance that can provide you with an immediate charitable income tax deduction while creating a significant legacy for the organization. This can be done by naming Union Settlement Association as the irrevocable beneficiary. In addition, donating a life insurance policy can provide tax benefits for your estate.
IRA/Pension Plan
Another way of maximizing your giving, estate and income taxes is to give all or a portion of your IRA or other retirement benefit plan to Union Settlement Association. To name Union Settlement as a beneficiary of all or a portion of your IRA, you can simply sign a new beneficiary designation form. With respect to pension plans or other retirement plans, ask the trustee to provide you with a beneficiary designation form.
Other Planned Giving Options
If you wish to make a planned gift by way of a charitable gift annuity, charitable remainder trust, charitable lead trust or other split interest gift, or have any questions about the best way to make a planned gift to Union Settlement Association, please feel free to contact our development department at development@unionsettlement.org.
We suggest that you consult with your independent financial, tax, or legal advisor for specific help with your particular situation, as the above is intended as an introductory outline only and Union Settlement does not provide financial, tax, or legal advice.
Members of the John H. T. & Sandra Wilson Legacy Society
| Peter H. Baker Louise Bozorth George Bryant Kate Buford Emily Burns Josephine Dobkin Kalaivani S. and T. J. Duane Arthur W. Einstein, Jr. Eli Gross Reginald E. Harwell George Hirsch Laura Johnson Bevis Longstreth Elisabeth Schupf Lonsdale |
Stuart Meiklejohn A. Slade Mills, Jr. Walter G. Montgomery David Nocenti Ruth Pachman Anne Perkins Robert F. Quaintance, Jr. Maxine L. Rockoff Hugh Rowland, Jr. Gina Rusch Gene Sklar Barbara Sternberger Kate Townsend Harriet L. Warm David Gaylord White C. Stuart White |