Planned Giving: The Gift of a Lifetime
Making a planned gift is one of the best ways to support DOROT. Your planned gift will help DOROT meet the challenges of the future. When you make a planned gift to DOROT, you create a legacy of friendship and care for the elderly who are homebound, frail, lonely, or homeless. Planned gifts allow you to have a positive impact on the lives of the elderly while taking advantage of many benefits.
Frank Bamberger: Helping Now, Helping Later
Since his first Holiday Package Delivery
there’s been no stopping Frank Bamberger.
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Giving Forward What He Received From DOROT
Decades after he left New York, Martin Cominsky retains vivid memories of his DOROT experience.
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Sam Begun: A Love Affair with DOROT
When Sam Begun, ז״ל, was growing up in
the Bronx, his family was poor. But every
Friday night, he recalled, his mother
brought home–cooked meals to the elderly
in a nearby Jewish old age home. “I vowed
that when I had the means I would honor her memory by doing the same,” he said.
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Making DOROT A Priority
This spring, an intimate group of Bernard & Regina Leitman’s caregivers and neighbors and DOROT staff gathered for a memorial celebrating the Leitmans’ lives and expressing gratitude for their legacy of caring.
Read more >>
• Reduce your taxes
• Provide you and/or another person with guaranteed annual income for life
• Protect your family’s wealth
• Have high interest rates
• Fulfill your charitable goals and reflect your commitment to helping secure DOROT’s programs for future generations.
Planned gifts include
bequests through your will, gifts that will provide a guaranteed income stream to you and your loved ones for life, gifts of life insurance, and gifts of retirement plans. These gifts are payable in cash, stocks, bonds, personal property, life insurance, and real estate.
For more information or to request a copy of DOROT’s Planned Giving brochure, please contact:
Planned Giving Department
171 West 85th Street
New York, NY 10024
Supporting DOROT through Wills and Trusts
Naming DOROT in your will or trust is truly a meaningful way to ensure the continued success of DOROT’s programs and services. In fact, it is this foresight on the part of many of our supporters that has made so many of our current programs and services possible today.
Wills and Trusts Giving opportunities:
The following is a sample of suggested will language:
- Leave a specific dollar amount
- Designate a percentage of your estate to DOROT through your will or living trust
- Designate that the remainder, or residue, of your estate be left to DOROT
- Provide for a gift of a specific property real estate, stocks or other items
“I give and bequeath to DOROT, Inc., a not–for–profit corporation, with principal offices located at 171 West 85th Street, New York, New York 10024, the sum of $____, to be used for the betterment of DOROT’s services and programs.”
Gifts that provide income
Life income gifts allow you to leave a legacy to DOROT while receiving an income for your lifetime. Some benefits include:
Life income opportunities:
- An immediate federal and state income tax deduction for a portion of the value of your gift
- Increased income during retirement years
- Ability to designate payments and provide life income for others, for example, your parents or children
- Helping DOROT maintain its successful programs and services
- Charitable Gift Annuity
- Deferred Payment Charitable Gift Annuity
- Charitable Remainder Trusts
Life Insurance Gifts
Life insurance policies are a convenient and often overlooked way to make a meaningful charitable gift. Ways to support an insurance–related gift:
- Beneficiary designation
- Gift of a paid–up policy
- Naming DOROT the owner and beneficiary
Gifts of Retirement Plans
Retirement assets are one of the most beneficial and convenient ways to make a meaningful gift. Contributions that have been made over the years to an IRA or other qualified plan have been growing tax–free within the plan. If left to an individual, these funds may be subject to both estate tax and income tax, which greatly reduces the value of the asset. If left to a charity, such taxes are usually avoided.