Retirement Plan Designations

Smooth sailing with a tax-savvy gift.

You’ve saved for retirement and want to support your community forever. 

Naming The Community Foundation for Greater New Haven as a beneficiary of your retirement plan (such as an IRA, 401(k), 403(b), Keough or other similar plan) is an excellent way to support the causes you care about, create a lasting legacy, and avoid potential estate and income taxes.

When you pass on retirement plans to family members, they may get less than half of the assets because of federal and state income and estate taxes. For this reason, financial advisors often recommend bequeathing to your family other type of assets (such as cash or securities) and leaving your retirement plan to charity where 100% will support the causes that you care about. It is easy to do. All that is required is to notify the plan administrator that you would like to name The Community Foundation (Tax ID 06-6032106) as a retirement plan beneficiary. You retain the right to change your beneficiary information if your situation ever changes.

Learn about Birgitta Johnson and how she left a tax-free legacy benefiting women and girls in perpetuity by designating a portion of her retirement assets to the Community Fund for Women & Girls.

A Pioneer for Women in Financial Services

 

Birgitta Johnson received her early education in Sweden and emigrated to the U.S. in 1958. Among her many loves, she was an opera enthusiast, enjoyed theater, music, as well as art museums, and frequent foreign travel. Languages, singing and handcrafts were a lifelong interest.

Birgitta Johnson had a long career in banking in the Greater New Haven area - working for the predecessors of Bank of America and rising to become the Vice President and Private Banking Officer in BankBoston’s Private Bank, where she provided financial and estate services.  

Birgitta was a pioneer of women in bank management, one of the first in Connecticut to be named a Vice President. She served as Regional Vice President of the National Association of Bank Women and was the first woman to serve as President of the Board of The Quinnipiac Club. Birgitta was also a Board member and Chair at Whitney Center and the International Center, board member at The Shubert Performing Arts Center, and Greater New Haven Chamber of Commerce.

Upon her retirement, Birgitta continued volunteering in the nonprofit sector with organizations like City Missionary Association, Friends of Grove Street Cemetery, and as Trustee of Dwight Hall at Yale. She also served as a docent at New Haven’s Grove Street Cemetery and was recording secretary of the Connecticut Academy for Arts and Sciences. Birgitta also served on the Board of Fellowship Place Inc., where a fund now bears her name to provide scholarships for campers

One of Birgitta's proudest accomplishments was making a bold statement about the value she placed on women and girls by becoming a founding member of a nascent Community Fund for Women & Girls in 1995. She was so passionate about supporting the advancement of women that Birgitta made the Community Fund for Women & Girls a charitable beneficiary of her retirement IRA, leaving $10,000 to the Fund after her death in November 2013.

Address

70 Audubon Street
New Haven, CT 06510
Directions

Contact

203-777-2386
ContactUs@cfgnh.org

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