BEQUESTS

Remembering New York City Ballet with a bequest in your will is the simplest way for you to ensure your lasting legacy and commitment to the artistic vision forged by George Balanchine and Lincoln Kirstein.  By supporting the Company in this way, you retain control of your assets and your estate may save on estate taxes later on. 

You may specify a dollar amount, percentage of your estate, or whatever is left over after designated distributions have been made to your loved ones.  Here are some examples of bequest language that can be used in a will, codicil or trust, which you can share with your legal counsel:

Unrestricted bequest
To New York City Ballet, Inc. a 501(c)(3) nonprofit corporation, presently located at David H. Koch Theater, 20 Lincoln Center, New York, NY 10023, I give (description of property)(or)(the sum of _______ dollars) (or)(all or ____ percent of the rest, residue or remainder of my estate), to be used for its general purposes.

Specific bequest
To New York City Ballet, Inc. a 501(c)(3) nonprofit corporation, presently located at David H. Koch Theater, 20 Lincoln Center, New York, NY 10023, I give (description of property)(or)(the sum of ______ dollars) (or)(all or ____ percent of the rest, residue or remainder of my estate), to be used for _______________.

Contingent bequest
To (name of person and relationship), I give (description of property)(or)(the sum of ________ dollars) (or)(all or ____ percent of the rest, residue or remainder of my estate), if he or she survives me. If (name of person and relationship) does not survive me, I give (description of property) (or) (the sum of ______ dollars) (or) (all or ____ percent of the rest, residue or remainder of my estate) to New York City Ballet, Inc. a 501(c) (3) nonprofit corporation, presently located at David H. Koch Theater, 20 Lincoln Center, New York, NY 10023, to be used for its general purposes.

If you have any questions about including New York City Ballet in your will or to learn more about becoming a member of the Serenade Society and the different ways you can support New York City Ballet through gift planning, please contact Barbra Lach in the Office of Gift Planning, at 212-870-4027 or email blach@nycballet.com.   All inquiries are confidential.
 
This information is not intended to represent legal or tax advice or to substitute for such advice. We urge you to consult your professional advisors when considering your charitable gift planning options.