Planned & Estate Giving

Planned gifts are a legacy – creative giving strategies that enhance your, and your family's, well-being and help a community as well. A sound financial future – the goal of Walkway Over the Hudson's Planned Giving Program – will ensure the existence of quality of our quality park services, events, and programs for generations to come.

With your help, we can realize that goal. Preserve your legacy and values through our Planned Giving Program. Speak with your attorney or financial advisor to determine the best strategy for your personal and family situation, and then call us at 845-454-9649 or email legacy@walkway.org - we are glad to help.

Here are ways to give.

Will Bequests

A bequest is one of the easiest gifts to make. With the help of an attorney, you can include language in your will or trust specifying a gift to be made to family, friends, or the Walkway Over the Hudson as part of your estate plan, or you can make a bequest using a beneficiary designation form.

Benefits of a bequest

Receive an estate tax charitable deduction
Reduce the burden of taxes on your family
Leave a lasting legacy to charity
An advantage it is simple to set up
Can be changed at anytime

Click here to review the sample bequest language.

Legal Name

Walkway Over the Hudson Tax ID or EIN #xx-xxxxxxxx

IRA Charitable Rollover

You may be looking for a new way to make a big difference to help further our mission. If you are 70.5 years or older, an IRA charitable rollover is a way you can help continue our work and benefit this year.

Benefits of an IRA charitable rollover

Avoid taxes on transfers of up to $100,000 from your IRA to the Walkway Over the Hudson
Make a gift that is not subject to the deduction limits on charitable gifts
Help further the work and mission of our organization

How an IRA charitable rollover gift works

Contact your IRA plan administrator to make a gift from your IRA to us.
Your IRA funds will be directly transferred to our organization to help continue our important work.
Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.
Please contact us if you wish for your gift to be used for a specific purpose.

Beneficiary Designation Gifts

A beneficiary designation gift is a simple and affordable way to make a gift to support the Walkway Over the Hudson. You can designate us as a beneficiary of a retirement, investment, or bank account or your life insurance policy.

Benefits of a beneficiary designation gift

Support the causes that you care about
Continue to use your account as long as you need to
Simplify your planning and avoid expensive legal fees
Reduce the burden of taxes on your family
Receive an estate tax charitable deduction
You can leave other, less-taxed assets to your family
You can also change your mind at any time

How a beneficiary designation gift works

To make your gift, contact the person who helps you with your account or an insurance policy, such as your broker, banker, or insurance agent.
Ask them to send you a new beneficiary designation form.
Complete the form, sign it and mail it back to your broker, banker, or agent.
When you pass away, your account or insurance policy will be paid or transferred to the Walkway Over the Hudson, consistent with the beneficiary designation.

Please contact us if you'd like more information on planned giving options through the Walkway Over the Hudson, and please let us know if you've already put the Walkway Over the Hudson in your will or trust. We'd love to hear from you!

Bargain Sale

Do you have property that you would like to sell? Are you looking for a strategy to reduce your income taxes? A bargain sale might be the right strategy for you.

Benefits of a bargain sale

Avoid capital gains tax on your charitable gift
Receive a tax deduction that will reduce your tax bill this year
Take the cash received from the sale and reinvest it to create future income, save for retirement, buy new property or achieve other financial goals
Help the Boston Foundation further our important charitable work

How a bargain sale works

You sell the Walkway Over the Hudson your property for a price less than fair market value.
You receive cash from the sale.
You can take a charitable deduction for the value of your gift which is the difference between the fair market value of the property less the sale price.
While you may owe some tax on the sale proceeds you receive from the Walkway Over the Hudson, the charitable deduction from your gift could offset some, most, or all of your capital gains taxes associated with the sale.

Life Estate Reserved

You may desire to leave your home or farm to the Walkway Over the Hudson at your death but would also like to receive a current charitable income tax deduction. A life estate reserved might offer the solution you need!

Benefits of a life estate reserved

Receive a federal income tax deduction for the value of the remainder interest in your home or farm
Preserve your lifetime use and control of your home or farm
Create a life estate based on more than one life. This will preserve the use of the property for you and a loved one, such as a spouse or dependent child

How a life estate works

You deed your home or farm to the Walkway Over the Hudson. The deed will include a provision that gives you the right to use your home or farm for the rest of your life and that of any other life estate party named in the deed.
You and the Walkway over the Hudson sign a maintenance, insurance, and taxes (MIT) agreement to explain that you will do your best to keep the property in good condition and that you will maintain property insurance and pay the property taxes.
When the owners of the life estate have passed away, your home or farm will belong to the Walkway Over the Hudson. We will use or sell the property to further our charitable work.