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Prior to April 1, 2010, "NCS New Canaan" was how we referred to the activities of the New Canaan Society, Inc. ("NCS") in the New Canaan, CT area. From April 1, 2010, those activities are being carried out by a new entity named NCS New Canaan, which is a tax-exempt organization pursuant to a group exemption granted to NCS by the IRS. As a non-profit organization, NCS New Canaan is supported by the donations of members and friends.
To support NCS New Canaan, please send a check or money order made out to NCS New Canaan. Please include your name and address so that we may send you a receipt and acknowledgement letter for tax purposes.
Mail your contribution to:
NCS New Canaan
c/o Peter Hawkins, Treasurer
14 Beach Drive
Darien, CT 06820
Donations of Stock or Wire Transfers
To make a donation of stock or to arrange a wire transfer, please contact us.
Planned Giving
Planned gifts and bequests are charitable contributions and, as such, result in tax and financial benefits to the donor. The extent of your benefits will depend on the manner in which your gift is made.
Outlined below are ways in which you can make a gift to NCS New Canaan, Inc. that can help you minimize estate taxes or enable you to pass assets to your heirs at greatly reduced transfer costs.
Retirement Plans
You may not be aware that if you name your children as the ultimate beneficiaries of your I.R.A. or Qualified Retirement Plan(s), they may only receive one-third of the total assets. By gifting all or a portion of your retirement plan(s) to a charitable organization, the full value is generally passed to the charity and may ultimately make a greater impact. The amount received by a charitable organization will be fully deductible from your estate.
Bequests
A Bequest is the most common method of planned giving and enables you to distribute assets to individuals and charitable organizations in the amounts or proportions you indicate. An estate gift also provides the following benefits:
The opportunity to make a major gift while preserving assets during a lifetime.
Reduction in federal estate taxes
Life Insurance
A gift of Life Insurance is a simple way to make a legacy gift. You may choose to name a charity as the beneficiary of all or a portion of a life insurance policy. A charity can also be named as the alternate or final beneficiary. At your death, all proceeds would pass immediately to the named charitable organizations. Policies originally intended to protect a spouse, child or even complete a mortgage payment may no longer be necessary. Consider how these policies may be used to help fulfill other needs or causes.
For additional information on how to make a planned gift, please contact us.
The above information is not intended as legal or financial advice. Please consult your personal advisors for the applicability of these principles to your own situation.
Contributions made to NCS New Canaan are deductible to the extent allowed by law. Please note that, in strict conformance with IRS guidelines, NCS New Canaan does not accept contributions that are earmarked or required to be distributed to any chapter or any other organization or person. The officers of NCS New Canaan have complete discretion and control over the ultimate disposition of any contributions received by the organization. While donors may suggest that their gifts be used for a specific purpose, these requests are non-binding on NCS New Canaan. This is to help ensure that gifts made to NCS New Canaan are tax-deductible to the extent allowed by law and that NCS New canaan fulfills its duties and obligations as a U.S. tax-exempt organization under section 501(c)(3) of the U.S. Internal Revenue Code.
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