Planned Giving

The Fiorello LaGuardia Society is a group of individuals who have recognized City Center in their long-term financial plans. By joining the LaGuardia Society, you'll ensure that City Center’s stage presents dynamic performances for years to come, building a bridge from this generation of performing arts lovers to the next.

Founded in 2007 under the patronage of Anne Strickland Squadron, the LaGuardia Society acknowledges those special friends who secure City Center’s future with their commitment today through deferred giving options such as bequests, life insurance, retirement plans, and real estate. These gifts provide the donor with important reductions in current personal income and estate taxes.

If you have already included City Center in your long-term financial plans and wish to make your commitment known to us, we can thank you now for your future support with special events and programs throughout the year.

To learn more about Planned Giving, please contact Naomi Weinstock, Vice President of Development, at 212.763.1203 or NWeinstock@NYCityCenter.org.

IRA Rollover Opportunity for those 70 ½ or Older

Taxpayers who are 70 ½ can make transfers to not-for-profit, 401(c)3 organizations, such as City Center, up to $100,000 and the transfer will qualify toward the minimum distribution requirement that must be taken after that age. The amount does not get included in your adjusted gross income, nor deducted from it, for tax purposes. This enables those who use it to keep the income out of their tax return, and thus, help to keep themselves in a lower tax bracket for the year, while making a special gift to the organization of your choice.

So, if you are of the right age, and you don’t want the added income in your tax return, consider giving it directly to a charity. Also, only IRA funds are eligible. Other retirement accounts – 401(k), or 403(b) – are not eligible. Contact your financial advisor for more information. Making an IRA rollover makes particularly good sense for those with significant assets in their IRA account, as well as for those who have so few deductions that they choose not to itemize.

To learn more about Planned Giving, please contact Naomi Weinstock, Vice President of Development, at 212.763.1203 or NWeinstock@NYCityCenter.org.

How to Designate a Gift

You may designate a specific sum for New York City Center or a percentage of your residuary estate after provisions for others are fulfilled. Gifts can be made to New York City Center to benefit current annual programs.

Including New York City Center in a completed will can be as simple as adding a codicil, or addendum, with sample text such as the following:

“I give and bequeath to New York City Center, Inc., 130 West 56th Street, New York, NY 10019 for its general purposes, the amount of Ten Thousand Dollars ($10,000) / One Hundred (100) Shares of common stock of XYZ Corp. / Fifteen (15) Percent of my remaining estate.”

Please include New York City Center’s Federal Identification Number: 13-2867442.