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The New York Community Trust

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1 Story from Volunteers, Donors & Supporters

2

000.wolf Donor

Rating: 5

11/10/2014

My husband and I have a donor-advised fund at NYCT. I also created a fund in my will.

I set it up the donor-advised fund because it made sense for me to give stock with low cost-basis, Much better than using post-tax income for year-end giving. I use their online MyNYCT system to make grants from my fund, very easy. I have also attended educational events they host for donors. There are so many great nonprofits out there, and I feel like they always teach me about new ones. When I created a fund by will, I just went over some simple language with my attorney, and voila! when I die, a percentage of my estate will go to a cause I love.

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