Planned Giving
When my husband and I needed to create a will, I asked myself, ‘What has been important in my life and how can I ensure that it continues into the future?’ The answer was Montefiore Einstein.
Carol A. Sheridan, RN
Give Back. Give Forward.
Want to leave a legacy that goes beyond what you could give today? One of the simplest yet most powerful ways to make a lasting impact is to include Montefiore Einstein as part of your will, trust, IRA, life insurance, or stock portfolio. By weaving generosity into your long-term plans, you gain greater flexibility and security, no matter how life unfolds.
To ensure that the people and causes you care most about—like Montefiore Einstein—are supported for generations to come, plan today. Here are just some ways you can make a life-changing legacy gift.
One of the easiest ways to benefit Montefiore Einstein and reduce estate taxes is to include a bequest provision in your will or revocable trust. Such bequests allow you the most flexibility and security should your circumstances or plans change.
A beneficiary designation on your IRA, 401(k), or 403(b) is a tax-savvy way to support Montefiore Einstein. After age 59½, withdrawals avoid early-withdrawal penalties. If you or your spouse is 73 or older and must take minimum distributions, you can donate some or all directly to Montefiore Einstein without federal or state income tax liability.
If you have stocks, bonds, mutual funds, or treasuries, you can take advantage of extra tax benefits with a gift to a charitable organization. Donating long-term, appreciated securities directly to Montefiore Einstein—rather than selling the assets and donating the cash proceeds—is an effective way to give, and give more.
With a donor-advised fund, you can create a charitable giving account that allows you to contribute money or assets, receive an immediate tax deduction, and then distribute those funds to Montefiore Einstein as part of a deferred estate plan.
If the original purpose of your life insurance policy—such as caring for grown children or ensuring a spouse’s financial security—no longer applies, your whole-life or term policy can be transformed into a powerful, straightforward way to support Montefiore Einstein.
Life-income gifts, such as those from charitable remainder or annuity trusts, let you convert appreciated assets into lifetime income while supporting Montefiore Einstein’s mission. Donors who choose this option can receive fixed or variable payments and enjoy potential income and capital gains tax benefits. At the trust’s end, the remaining assets fund vital care, research, and programs that benefit our patients and community.
Why They Gave: Profiles in Philanthropy
Carol A. Sheridan, RN
For nearly 50 years, Carol Sheridan, RN, dedicated her career to cancer care at Montefiore Einstein, where she found purpose, mentorship, and a commitment to serving the community. Inspired by the institution that shaped her life’s work, she made a planned gift to help future caregivers continue delivering compassionate, innovative care to patients in need.
Connie & Steve Delehanty
Connie and Steve Delehanty built their careers, community, and shared life at Montefiore Einstein, where their work contributed to meaningful change. Inspired by their decades of experience and the hospital’s mission-driven culture, they made a planned gift to support Montefiore Einstein’s innovation, patient care, and community impact—ensuring future generations benefit from the same values that shaped their lives.
Contact Us
If you have questions or would like to explore your giving options, please contact Michael Divers, Planned Giving Officer, at 718-430-2685, via email at mdivers@montefiore.org, or by filling out the below form.