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Gift-Comparison Chart

» If You Would Like to... » Then Consider... » How You May Benefit » Compare (Max 3)
• Support North Shore-Long Island Jewish Health System today
• Receive charitable income-tax deduction
An outright gift of cash Deduct the full value of the gift for federal income-tax purposes.
• Support North Shore-Long Island Jewish Health System without depleting your cash reserves
• Avoid capital-gain tax
A gift of appreciated property Decrease the out-of-pocket cost to you by avoiding capital-gain tax.
• Make use of assets you may no longer need to support North Shore-Long Island Jewish Health System A gift of a paid-up life insurance policy Receive an immediate income-tax deduction for the lesser of net premium paid or the fair-market value of the policy.
• Leverage the equity in one of your largest assets to support North Shore-Long Island Jewish Health System A gift of real estate Receive an income-tax deduction and avoid capital-gain tax. May retain the right to live in your home, or a residence or farm.
• Provide support for North Shore-Long Island Jewish Health System
• Minimize taxes on the transfer of a business you own
A gift of closely held business stock Receive an income-tax deduction and avoid capital-gain tax.
• Make a significant future gift without affecting your current lifestyle A charitable bequest Reduce estate and inheritance taxes, and retain control over your assets during your lifetime.
• Leave assets to North Shore-Long Island Jewish Health System and your heirs upon your death but you are not sure what to leave to whom Designating North Shore-Long Island Jewish Health System as a beneficiary of your retirement-plan benefits Avoid estate and income tax on retirement-plan assets while making other property available to your heirs.
• Make a significant gift to North Shore-Long Island Jewish Health System
• Retain an income for yourself
A charitable gift annuity Receive a current income stream and an immediate income-tax deduction.
• Receive a charitable income-tax deduction now
• Receive income later
A deferred-payment gift annuity Receive an immediate income-tax deduction and income to begin at a future date you choose (e.g. at retirement).
• Make a significant gift to North Shore-Long Island Jewish Health System
• Retain a variable income for yourself
A charitable remainder unitrust Receive a variable income stream and an immediate income-tax deduction and avoid capital-gain tax.
• Make a significant gift to North Shore-Long Island Jewish Health System
• Retain a fixed income for yourself
A charitable remainder annuity trust Receive a fixed income stream and an immediate income-tax deduction and avoid capital-gain tax.
• Use your assets to support North Shore-Long Island Jewish Health System today
• Retain control over the distribution of those assets to heirs
A nongrantor charitable lead trust Freeze value of assets contributed for gift- and estate-tax purposes and avoid estate tax on future appreciation.

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