- Gifts Under a Will
- Gifts From a Trust
- Gifts of Life Insurance or IRA
- Charitable Gift Annuity
- Gifts of Stock
- General Legal and Tax Information
Lighthouse International is a worldwide leader in vision rehabilitation, education, research, prevention and advocacy. Our work is made possible by the generosity of forward-thinking contributors who extend the tradition of visionary philanthropy begun by Winifred and Edith Holt more than 100 years ago when they founded the Lighthouse. Today, The Holt Society consists of generous and committed planned giving supporters.
WHAT IS A PLANNED GIFT?
A planned gift is one that can have a lasting positive impact – contact our Office of Gift Planning at to learn more about your charitable gift planning options. We welcome the opportunity to help you identify tax-advantaged and beneficial ways to support the life enhancing work of Lighthouse International. We look forward to hearing from you. Contact us at: 212-821-9443.
PLANNED GIVING OPTIONS
1. Gifts Under Will
The following options provide examples of how you might consider including a bequest for Lighthouse International in your will.
- A Bequest for a SPECIFIC MONETARY AMOUNT:
I hereby give, devise and bequeath _______________________ Dollars ($__________________) to LIGHTHOUSE INTERNATIONAL, located at 111 East 59th Street, or its successors-in-interest, to be used for its general purposes.
- A Bequest for a PERCENTAGE OF RESIDUE OF ESTATE:
I hereby give, devise and bequeath ________ percent (_____%) of the rest and residue of my estate to Lighthouse International, located at 111 East 59th Street, New York, NY 10022, or its successors-in-interest, to be used for its general purposes.
You may also designate your bequest for a specific Lighthouse program. To learn more, please contact a Gift Planning Representative at (212) 821-9443.
2. Gifts From A Trust
The following provides an example of how you might consider including Lighthouse International in a trust.
[Insert contingency (e.g., Upon the death of my spouse)], the Trustee shall distribute ________________ Dollars ($__________________) to Lighthouse International, located at 111 East 59th Street, New York, NY 10022, or its successors-in-interest, free and clear of trust, to be used for general purposes.
3. Gits of Life Insurance or IRA
Lighthouse International may be named as the beneficiary of an asset that passes outside the terms of a will or a trust such as a life insurance policy*, IRA or 401(k). In order to make your wishes known, please contact your insurance, IRA or retirement account custodian. The legal name your representative will need to include is:
Lighthouse International, located at 111 East 59th Street, New York, NY 10022.
*If you donate an existing or new life insurance policy to the Lighthouse, you will be able to claim an immediate income tax deduction. Your future premium payments will also be deductible. If you prefer to retain ownership of the policy, you can simply designate the Lighthouse as a beneficiary or the sole beneficiary of your policy.
4. Charitable Gift Annuity
A Lighthouse International Charitable Gift Annuity (CGA) provides a fixed income for life in return for your gift of cash or appreciated securities. You cannot “outlive the income.” Annuities may be set up for one or two lifetime-income beneficiaries, and you’ll receive an immediate charitable income tax deduction.
A Charitable Gift Annuity is one of the easiest gifts to create. All you’ll need to do is contact a Lighthouse International Gift Planning Representative to setup a CGA agreement and then determine whether you would like to use cash or other assets to fund your gift annuity.
Here are sample annuity rates (the Lighthouse follows the most recent rates established by the American Council on Gift Annuities as of Feb. 1, 2009) for a single-life or two-life, immediate payment gift annuities (rates are based on your age/ages):
One-Life Two-Life
|
Age |
Annuity Rate |
Ages |
Annuity Rate |
65 |
5.3% |
70/70 |
5.2% |
70 |
5.7% |
75/75 |
5.6% |
75 |
6.3% |
75/80 |
5.8% |
80 |
7.1% |
80/80 |
6.1% |
85 |
8.1% |
80/85 |
6.5% |
90+ |
9.5% |
85/85 |
7.0% |
To learn more about a Charitable Gift Annuity or for a confidential, complimentary illustration of the payments and tax benefits you might receive from a Lighthouse International Charitable Gift Annuity, please call us at (212) 821-9443.
5. Gifts of Stock
For gifts of stock, please call us at (212) 821-9443 or (212) 821-9464. We will provide your broker or financial adviser with our wiring instructions.
6. General Legal and Tax Information
General information that may be beneficial to you in finalizing your estate plan:
Legal Name: Lighthouse International
Incorporation Details: Lighthouse International is a 501(c)(3) organization, classified as a public charity, and is exempt from federal income tax.
Mailing Address:
Lighthouse International
The Sol and Lillian Goldman Building
111 East 59th Street
New York, NY 10022-1202
Attention: Gift Planning Department
TAX I.D. Number
Lighthouse International TAX ID number: 13-1096620.
Lighthouse International, its employees or representatives do not offer legal or financial advice. We strongly urge prospective donors to consult with their attorney, financial advisor, or other appropriate professional before making any decisions based on information we provide through this Web site, printed materials or other sources.
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