create a lasting foundation

Bequests

You can leave a bequest to New Eyes in your will or trust, allowing you to make a significant impact without affecting your current finances. A bequest can specify an amount, percentage, or residue of your estate. The following is a sample paragraph that can be included in your will:

“I bequeath to New Eyes for the Needy, a non-profit organization located at 830 Morris Tpke, Suite 401, Short Hills, NJ 07078, the following [percentage of estate, specific amount, or description of property] to be used to support their mission of providing eyeglasses to those in need in the U.S. New Eyes for the Needy’s Tax Identification Number is 22-1539720.”

This wording allows you to specify a percentage, fixed amount, or particular asset, making it flexible for your estate planning needs.

Retirement Plan Beneficiary Designation

You can name New Eyes as a beneficiary of your retirement plans, like IRAs or 401(k)s. This option offers potential tax advantages, as charitable organizations like New Eyes are tax-exempt.

Life Insurance Beneficiary Designation

You can name New Eyes as a beneficiary of your life insurance policy.

Charitable Gift Annuities (CGAs)

With a CGA, you can make a gift to New Eyes and receive a fixed income for life. The remaining funds then support New Eyes’ mission.

Charitable Remainder Trusts (CRTs)

A CRT provides income to you or your designated beneficiaries, with the remaining assets going to New Eyes after a set period. CRTs offer potential tax benefits and flexible income arrangements.

Donor-Advised Funds (DAFs)

If you have a DAF, you can recommend grants to New Eyes. You can also name New Eyes as a beneficiary of your DAF for a long-lasting legacy.