• Planned Giving
    Making the Gift of a Lifetime

    What is Planned Giving?

    Planned giving provides you with the advantage of maximizing tax benefits while making it possible for you to give a gift you may not have thought possible. By including LaGuardia Community College in your estate plans, regardless of your income level or age, you can make a difference for generations to come.

    Planned giving offers many potential benefits:

    • Increase you current income or secure a retirement income for you or your loved ones.
    • Reduce or eliminate income taxes including capital gains, generation skipping, gift, inheritance and transfer taxes.
    • Pass on your assets to your loved ones with reduced estate taxes.
    • Ensure the future of LaGuardia Community College.

    Why Should I make a planned gift to LaGuardia?

    A planned gift can extend your support far into the future. LaGuardia Community College’s legacy began by asking a simple question: What if we could open the doors of higher education and create opportunities for all? Your legacy gift can ensure that LaGuardia has the means and resources to continue its track record of innovation and challenging expectations for generations to come. 

    Planned gifts may be made as:

    • Bequests: You may choose to bequeath a portion of your estate, as a percentage or dollar amount, to LaGuardia Community College through your will or living trust.
    • Income Generating Assets: Charitable Gift Annuities provide you with a fixed income for life. You receive an immediate tax deduction and, if you give through appreciated securities, you avoid capital gains taxes. Charitable Remainder Trusts allow you to transfer assets such as stocks, mutual funds, or real estate to LaGuardia Community College.
    • Life Insurance: You may contribute a fully paid policy, naming LaGuardia Community College irrevocable owner and beneficiary which will allow you to take an income tax deduction equivalent to its cash value.
    • Retirement Plan Assets: You may utilize your IRAs, 401(k)s, 403(b)s and other retirement plans to name LaGuardia Community College as your survivor beneficiary, removing some highly taxed assets from your estate, and allows lesser-taxed assets to remain with your beneficiaries.

    How do I make a planned gift to LaGuardia? 

    It is advisable to talk to your personal financial advisor before making any decisions about your finances. For information about designating a gift to LaGuardia please contact:

    LaGuardia Community College Foundation
    31-10 Thomson Ave, Room E508
    Long Island City, NY 11101
    Tel: 718-482-5610
    Fax: 718-609-2050
    Email:  foundation@lagcc.cuny.edu

    Individuals who have included LaGuardia Community College in their estate plans will be recognized through the Fiorello H. LaGuardia Society. Members of the society will receive special recognition as a legacy supporter of the College and will be invited to member events as well as special programs, lectures and other functions.