Our Endowment Fund
Our Endowment Fund
Our goal is sustainable growth, so that we’re ready to pivot when new discoveries in autism are made, or new teaching methods discovered. In order to grow our programming over the decades ahead, and to quickly maneuver the school to handle the many changes that are sure to come, we’ll need your help to secure that future, by donating to the Center for Spectrum Services Endowment Fund. Future children with autism are counting on you.
Donate to the Endowment Fund
Your donation matters to a child with autism. By securing Center for Spectrum Services’ future, you’re making sure we’ll be there to provide the best in programming for children with autism for years to come. You’ll need our tax ID number and full name, which is:
Center for Spectrum Services IRS #14-1604884.
Donate using Spectrum Services Endowment fund mail-in form. (PDF Download)
Create Your Own Legacy
Consider naming Center for Spectrum Services to receive all or a portion of your estate through your will. In doing so, you may reduce estate taxes while supporting future children with autism. You may stipulate a specific amount or a percentage of your estate, or name a specific asset. *See below for suggested text you can use!
IRA Charitable Rollover
The IRS allows individuals over 70 and 1/2 years old to roll over up to $100,000 from an individual retirement account (IRA) directly to a qualifying charity like Center for Spectrum Services, without recognizing the assets transferred to the qualifying/charity as income. While this initial provision has been renewed regularly, on December 18th, 2015 the President signed the PATH Act, making this special provision permanent. For more information, Click Here.
Whether it is a home, building or land, you can turn this asset into a charitable gift. If held for more than one year, real estate usually provides the same tax benefits as gifts of securities.
Double taxation on retirement plan withdrawals could decrease the value of the asset for your heirs. By naming the Spectrum Services as the beneficiary of your retirement funds, you can avoid taxes and preserve your hard-earned assets for the good of your community forever.
Perhaps you would like to contribute the proceeds of a life insurance policy to help Spectrum Services, but you are not yet ready to give up ownership of the policy. By naming Center for Spectrum Services Endowment Fund as beneficiary, you retain ownership of the policy and have access to the cash value as well as the right to change the beneficiary. This enables you to make a contribution that may not have been possible otherwise.
*Suggested Text for Bequests: “I give, and bequeath [an amount, a percentage, or the rest and residue of your estate] to Center for Spectrum Services, a New York nonprofit corporation (Tax ID 14-1604884). This gift will be used to [benefit the school, to support the Spectrum Services Endowment Fund].”
If you have any questions, or need more information on how you can support Spectrum Services, and make sure we’re here to support the next generation of children with autism, please contact David Juhren in our Development office:
- 845-336-2616, ext. 165