By establishing a fund today, you can support your favorite charities without the hassle of writing checks, keeping receipts, and reporting to the IRS—we do that for you.
If you've got appreciated stock, sold a business, or received an inheritance, it may be advantageous to give a current gift based on this year's tax situation. You don't have to recommend grants immediately and can take the time to consider the causes and nonprofits you want to benefit. You can add to your fund, recommend grants on a regular basis, and name the fund in your will.
As a public charity, The New York Community Trust offers donors the maximum charitable tax deduction permitted by law.