The Summit Society
Help us plan for tomorrow, help us ensure the future of public media – leave a legacy that will inform and educate future generations.
New England Public Media reflects the values of western New England – values we want to pass along to generations to come. Including NEPM in your estate plans is the best way for you to be sure the programming that makes a difference in your life, continues to be available for our children, grandchildren, and the community.
Here are a few examples of how you might make a NEPM Summit Society gift.
- Bequests: Identifying New England Public Media in your will is perhaps the simplest form of planned giving. Whether you choose a specific monetary amount, or a residual portion of your estate, including New England Public Media in your will provides a legacy beyond your lifetime.
- Gifts of Life Insurance: Some people no longer need life insurance purchased years ago to provide for children or other family members. If that’s your situation, consider donating the policy to New England Public Media. You may be able to claim a charitable deduction for approximately the policy’s cash surrender value, and the proceeds are removed from your estate.
- Appreciated Securities: Listeners and viewers who contribute appreciated securities held for more than one year (long-term) may receive a double income tax benefit: (1) a deduction for the asset’s full fair market value instead of the lower cost basis; and (2) complete avoidance of capital gains tax on the asset’s appreciation.
- Gifts of Retirement Plans: Believe it or not, you may be taxed on your IRA, other retirement plans, and some other assets more than once when you leave them to your heirs. Income in respect of a decedent (IRD) is income you were entitled to but did not receive during your lifetime. IRD is subject to income, estate, and sometimes generation-skipping taxes too. The most common source of IRD-and the one most likely to comprise a large part of your estate-is an IRA or other retirement plan. You can avoid the taxes on IRD- and make a significant charitable gift to New England Public Media at greatly reduced out-of-pocket costs.
Please Let Us Know
Many people name NEPM in their estate plans, but never let us know. We hope that you will notify us when you have completed your estate planning documents and have named NEPM as a beneficiary. We would like to express our appreciation and will respect your anonymity if you so choose.
For more information about Planned Giving opportunities, please contact us at 413-781-2801 or e-mail email@example.com.