Bequests

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Bequests  

To ensure that the vital services highlighted on this website can continue, we ask that you consider a living trust or other bequest. Through such planned giving, it is possible for donors to meet their individual needs while at the same time helping a charitable organization in which they believe.

 

Many donors find that deferred gifts to QCP can provide valuable current tax benefits while at the same time maximizing estate assets passed on to their heirs. Plans can be designed with a number of flexible options.

 

A Charitable Remainder Trust provides various lifetime benefits:

 

  • Donating property to a Charitable Remainder Trust removes it from your estate for estate tax purposes
  • The Charitable Remainder Trust pays no capital gains tax on the sale of the assets in the trust, if properly structured

 

A bequest enables you to simply name QCP as a beneficiary in your will. A bequest may consist of cash, securities, real estate, or all or a percentage of residuary estate. It may also consist of a trust set up through your will

 

You may use the following format to make such a gift:

 

I bequeath to Queens Centers for Progress, a not-for-profit organization in the state of New York, located at 81-15 164th St., Jamaica, NY 11432, the sum of $________ for their general corporate purposes.

 

QCP recommends that you consult a legal or financial advisor in preparing a planned gift. Planned giving is a very important way that QCP receives funds to support its work. Your gift can truly make a difference.

 

To request information about structuring a gift to QCP, please call (718) 380-3000, Ext. 324.