Frequently Asked Questions (FAQ)
Why should I give to New York Tech?
Your generosity—along with that of our other friends and supporters—makes possible the programs, projects, opportunities, and scholarships that are the hallmarks of our university. You get the personal satisfaction of changing student lives, and you also make a personal statement about your values and ideals, help create a better world, and leave a lasting legacy. Learn more about what your gift will actually accomplish here.
How do I know if I have enough to make a planned gift?
Planned giving isn’t about wealth—it’s about creating a lasting difference. The best planned gift is one that reflects your values, supports the people and causes you care about, and aligns with your circumstances and goals. In fact, some of the most meaningful planned gifts cost you nothing during your lifetime. This website is designed to make it easy to explore your options, but since every donor’s situation is unique, our team stands ready to answer questions and offer personalized guidance, click here.
How do I know which gift is right for me?
There are many ways to give, and the best way for you may differ from the best way for someone else. You can write a check or pay by credit card. You can transfer stock, bonds, retirement plan assets, or real estate—often with tax advantages. You can make a gift that costs you nothing right now, such as a gift in your will or naming us as the beneficiary of an IRA, life insurance policy, or financial account. You can make a gift that secures a lifetime income stream for you and/or others. We’ve made it easy to explore various gift opportunities here.
How does a gift in my will work?
A gift in your will lets you plan a gift now that will be completed sometime in the future. It costs you nothing today, and you can change your gift during your lifetime if your needs or circumstances change. Simply designate in your will that at your death, New York Tech will receive a specific amount or property, a percentage of your estate, or even what remains in your estate after all other obligations have been met. You can easily add a gift to an existing will by using a codicil. For more information about this popular way to give, click here.
What if I’m still having trouble determining the best gift for me?
Every situation is different, and sometimes the best fit isn’t immediately clear. We are always here to help! We would be happy to send you more information, run calculations that may bring clarity to your decision-making, or schedule a confidential conversation. Please reach out here.
Can I designate how my gift will be used?
Yes! An unrestricted gift goes into our general fund to support our overall mission. However, you can choose to direct your gift to a certain program, area, or scholarship. Simply specify your wishes in a letter of intent, create a Memorandum of Agreement, or write it in the memo portion of your check. Learn more about making your gift more meaningful here.
I'd like to make a gift, but I’m not sure this is the right time.
We value your support! We encourage you to explore the website now so you can be aware of your gift options when the time comes. You may be interested in easy ways to make significant gifts that cost you nothing today. Read more here, and please contact us if you have any questions specific to your personal circumstances.