I believe in the wonderful work that WQXR does for classical music. I couldn't live without the station, and I want it to continue for future generations. So not only am I am active member, but I'm also planning on leaving something to ensure WQXR's healthy future.
—Margaret Kennedy
Read what other Listeners Legacy Circle members are saying
A Broadcasting Legacy
With the support of people like you, we are preserving classical music on New York City's airwaves on Classical WQXR 105.9, offering music programming that has been thoughtfully infused with New York City's cultural life. WQXR seeks to bring the world’s greatest classical artists and ensembles into millions of homes through broadcast and digital transmission.
Today, as a part of New York Public Radio, WQXR is essential to the everyday lives of listeners in New York and, increasingly, those listeners around the world who tune in through the internet. With the opening of The Jerome L. Greene Performance Space, listeners are also welcomed inside New York Public Radio for engaging discussions, cutting-edge multi-media arts programs, and the joys of music—both classical and contemporary.
You can ensure that future listeners will enjoy the same level of excellence in public radio broadcasting by making a legacy gift from your estate to support New York Public Radio. We invite you to explore the options presented here and to discuss this information with your estate or financial advisors. As you consider a legacy gift we would be happy to talk with you about your planning. Contact our Listeners Legacy Circle at legacygiving@wqxr.org or (646) 829-4587 so that we can work with you to ensure that your goals can be accomplished.
Creating Your Legacy
| Your Objective |
Your Legacy Gift |
| Leave assets at the end of my life |
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| Leave assets at the end of my life and avoid deferred taxes |
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| Receive lifetime income and a charitable income tax deduction |
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| Pass assets to heirs after making a charitable gift |
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| Eliminate or reduce capital gains taxes on real estate |
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If you have completed your estate plans and have included WQXR, we hope you will also share this information with us so that we might recognize your thoughtful legacy and invite you to join the Listeners Legacy Circle. Read more about our Listeners Legacy Circle here.
The charitable bequest written into your Last Will and Testament is a simple yet effective way of providing for WQXR without giving up the asset until death. You can choose to:
- Make a specific bequest of a sum of money or designated asset;
- Designate WQXR to receive a percentage of your estate once administrative expenses, taxes, and specific bequests are paid; or
- Establish a contingent bequest whereby your assets would go to other beneficiaries so long as they survive you, but if not, to WQXR.
WQXR should be identified in beneficiary designations by the legal name, New York Public Radio, with a principal place of business at 160 Varick Street, New York, NY 10013; Federal Tax I.D. #13-3015230.
Naming WQXR as a beneficiary of all or part of your deferred retirement plans is a very tax efficient way to leave a legacy. To accomplish this you request a beneficiary designation form from your plan administrator and insert New York Public Radio, 160 Varick Street, New York, NY 10013.
Naming New York Public Radio as a beneficiary of all or part of life insurance proceeds is another simple way to make a legacy gift. For an existing policy, obtain a beneficiary designation form from the life insurance company and name New York Public Radio as the beneficiary. For added benefit you may name New York Public Radio the owner of the policy and possibly be entitled to an income tax charitable deduction.
Options for leaving a legacy for WQXR, with income for you during your lifetime
A Charitable Gift Annuity is a great gift plan to consider if you want to support the future of WQXR and not give up the income you currently receive from your assets. A fixed payment stream is paid to you for your lifetime (may be joint lives) at a very attractive rate. The rate is dependent on your closest age at the time you make the gift. In addition, a portion of each year's annuity is tax-free income for a number of years and you may be able to deduct a portion of the gift as an income tax charitable deduction.
If you are trying to project future income needs, perhaps for retirement, you may be interested in a Deferred Charitable Gift Annuity. This option allows you to know today what annuity payment you can expect to receive at a given time in the future. Also, you receive a current income tax deduction. This plan can help you supplement your retirement income without the savings limits imposed on deferred retirement vehicles.
Age and gift amount restrictions apply. For your personal proposal please contact our Listeners Legacy Circle at legacygiving@wqxr.org or (646) 829-4587.
If your financial or tax advisors recommend charitable remainder trusts as a way to leave a legacy for organizations that you care about, WQXR would love to be on your priority list. We will be happy to consult with you and your advisors as to ways to make this gift meet all of your financial and philanthropic goals.
If your financial or tax advisors recommend charitable lead trusts as a way to leave a legacy for organizations that you care about, WQXR would love to be on your priority list. We will be happy to consult with you and your advisors as to ways to make this gift meet all of your financial and philanthropic goals.
If you have a primary residence, vacation home, commercial property, or undeveloped land you might want to consider a gift to New York Public Radio of that asset. The gift can take many forms. You may give it now if you are not using the property and avail yourself of current tax benefits or through a bequest in your will or living trust. If a gift of real estate is of interest to you please contact New York Public Radio to discuss how best to meet your goals and help create a legacy for the stations. Please contact our Listeners Legacy Circle at legacygiving@wqxr.org or (646) 829-4587.
Retaining the right to use your primary residence or vacation home while making a lifetime gift to New York Public Radio might be a good way to accomplish philanthropic goals without giving up your comfort. A real estate gift in which you retain the right to use the home may provide you with valuable tax benefits while leaving a legacy for listeners of New York Public Radio. The best way to determine if this gift option would work for you is to contact New York Public Radio and discuss the plan with your financial advisors. We are ready to assist you and your counsel as you consider a legacy gift for New York Public Radio. Please contact our Listeners Legacy Circle at legacygiving@wqxr.org or (646) 829-4587.
WQXR does not offer tax or legal advice. You should always check with your professional advisors as you consider your charitable giving alternatives.
The future of New York Public Radio depends on our community of listeners. To thank you for your legacy gift, it will be our great honor to welcome you to the Listeners Legacy Circle. This is a group of like-minded listeners who believe in the importance of strong, independent public media that is guided by the highest principles of broadcasting.
This is your personal invitation...
We invite you to join the Listeners Legacy Circle by including New York Public Radio in your estate plans.
As a member of the Listeners Legacy Circle you will enjoy invitations to special events, behind-the-scenes tours and live broadcasts from The Jerome L. Greene Performance Space. You will also have access to a dedicated phone line to reach New York Public Radio staff.
Please let us know if you have already named New York Public Radio, WQXR or WNYC as a beneficiary in your estate plans so that we may include you in the Listeners Legacy Circle. Please contact our Listeners Legacy Circle at legacygiving@wqxr.org or (646) 829-4587. If you have not yet done so, please consider our invitation to become a member of the Listeners Legacy Circle.
