You choose the organizations. We continue to support them.
A good choice for donors who want to help specific groups, but understand that not all nonprofits live forever, or continue doing the same work.
George Delacorte founded Dell Publishing and the Delacorte Center for Magazine Journalism at Columbia University. He wanted to support the Center in perpetuity, but with conditions. Through his will, he created a designated fund, which requested a George Delacorte Professor in Magazine Journalism, who also directs the program. Today, the program thrives.
Benefits of a Designated Fund
Taking care of the charities you cherish: Designated Funds let you name the charity, or charities, that you want to benefit.
We take care of investing the money, regularly giving grants to these organizations. We make sure your gift will never become obsolete.
YOU CAN SET UP A DESIGNATED FUND NOW
It’s a great choice for people who want to give regularly to specific organizations in a tax-advantageous way.
To learn more, contact Carrie Trowbridge, general counsel, at (212) 686-2563 or carrietrowbridge@nyct-cfi.org
See sample forms with our recommended language.
