Join The Fathers John Society
Leave your legacy through planned giving intentions.
Friends like you are a vital part of the St. Francis family. Leaving a planned gift ensures that the St. Francis Residences will be here for generations to come.
For most, a legacy gift is the largest and most meaningful gift they will ever make.
By joining The Fathers John Society – named after our compassionate and far-sighted founders, Fr. John Felice, O.F.M. and Fr. John McVean, O.F.M. – you allow us to keep innovating in supportive housing and care, which could benefit so many more New Yorkers and Americans.
How to Make a Planned Gift
Join the Fathers John Society
Include our legal name and information in your will or trust, or by completing your beneficiary designations for retirement funds and life insurance policies, to include:
Legal Name: St. Francis Friends of the Poor, Inc.
Address: 155 West 22nd Street, New York, NY 10011
Federal Tax ID:13-3036954
Please complete an intent form (downloadable below) so we can recognize your legacy gift and help inspire others to do the same!
What to Give
Retirement Assets
Donate part or all of your unused retirement assets, such as your IRA, 401(k), 403(b), pension, or other tax-deferred plan. You will need to complete a beneficiary designation form provided by your retirement plan custodian.
Retirement assets can sometimes be significantly reduced by taxes when left to loved ones, sometimes by as much as 60% to 70%. But when you choose to donate IRA assets to our organization, their full value goes directly to supporting the work you care about, making a lasting impact for years to come.
Gifts of Insurance
Consider gifting a life insurance policy that has outlasted its original purpose, i.e. a policy to provide for minor children and they are now financially independent adults.
To do so, please contact your life insurance provider, request a beneficiary designation form from the insurer and include St. Francis Friends of the Poor as the beneficiary of your policy.
Frequently Asked Questions
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You leave a lasting legacy to be remembered ensuring the future of our residents, lessen the burden of taxes on your family, and, possibly, receive estate tax savings.
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A planned gift is one of the easiest gifts to make. With the help of an advisor, you can include language in your will or trust specifying a gift be made to family, friends, or St. Francis Friends of the Poor as part of your estate plan.
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You can gift a specific dollar amount or an asset
You can gift a percentage of your estate.
You can gift from the balance or residue of your estate.
You can make a beneficiary designation of certain assets.
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Specific Bequest. A specific bequest involves making a gift of a specific asset such as a gift for a specific dollar amount. For example, you may wish to leave $10,000 to St. Francis Friends of the Poor.
Percentage Bequest. Another kind of specific bequest involves leaving a specific percentage of your overall estate to charity. For example, you may wish to leave 10% of your estate to St. Francis Friends of the Poor.
Residual Bequest. A residual bequest is made from the balance of an estate after the will or trust has given away each of the specific bequests. A common residual bequest involves leaving a percentage of the residue of the estate to charity. For example, you may wish to leave 30% of the residue of your estate to St. Francis Friends of the Poor.
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Yes. While it is our preference to receive unrestricted bequests, we would be happy to work with you to ensure that your bequest will be used for a specific purpose. We will work with you and your attorney to identify ways to meet your charitable objectives and craft language to accomplish your goals.
