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.
You can ensure the future growth and excellence of WQXR by including the station in your estate plans. You can leave a legacy!
Options for legacy gifts include:
Bequests
Gifts from Retirement Plans
Gifts of Life Insurance
Charitable Gift Annuities
Charitable Remainder Trusts
With foresight and careful planning, you can help to secure the future of this treasured station. As you consider a legacy gift for WQXR 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.
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.
Bequests
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.
For inclusion in your will, please note that our legal name--for WQXR and both of the WNYC stations--is WNYC Radio, Inc. with a principal place of business at 160 Varick St, New York, NY 10013. Our Federal Tax ID number for all stations is 13-3015230.
Gifts from Retirement Plans
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 WQXR, a part of the WNYC Radio Family, 160 Varick Street, New York, NY 10013.
Gifts of Life Insurance
Naming WQXR 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 WQXR as the beneficiary. For added benefit you may name WQXR the owner of the policy and possibly be entitled to an income tax charitable deduction.
Charitable Gift Annuities
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@wnyc.org or (646) 829-4587.
Charitable Remainder Trusts
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.
WQXR does not offer tax or legal advice. You should always check with your professional advisors as you consider your charitable giving alternatives.