DANA and LEGACY GIVING
The tradition of the Buddhist teachings is grounded in the practice of dana, or generosity.
The Community Meditation Center embraces that tradition.
This practice comes to us from the time of the Buddha. He taught out of his own generosity and compassion for all beings expecting nothing in return. In appreciation, those who received the teachings donated food, clothing, and medicine. That has been the reciprocal relationship in this tradition for more than 2500 years.
Today, as we offer the Buddha’s teachings, CMC carries on the tradition of dana by offering the teachings without charging a fee. This enables CMC to maintain a policy of welcoming everyone; never turning anyone away for lack of funds. For those unable to attend in person, teachings are available on this website.
To function efficiently, CMC relies upon the generous services of a small group of volunteers. The Board of Directors also consists of people who donate their time and services. To meet our funding needs, in addition to the weekly dana contributed by attendees, CMC relies upon additional contributions by board members, attendees, family, and friends.
Now that the Community Meditation Center is embarking on its second decade, the vitality and longevity of the CMC requires a long-term vision and a dedication to sustain the community and its mission. The CMC is a 501(c)(3) not-for-profit/tax exempt corporation so that all contributions to CMC are tax deductible as allowable by law.
In addition to weekly dana, members can make one-time or continuing contributions by check, through PayPal, or by various forms of automatic payments.
Checks can be made payable to: Community Meditation Center, and mailed to:
Community Meditation Center
5 West 86th St. #14C
New York, NY 10024
|Or click the button to make a donation by PayPal.|
Another way to contribute to the long-term sustainability of CMC is through legacy giving. Legacy gifts can be made easily, by simply making CMC a beneficiary to a retirement plan, life insurance policy, brokerage account, or certificate of deposit. CMC can also be made a beneficiary under a will, trust, or other estate planning device.
A bequest to CMC through estate planning can take several forms:
• a residual bequest of all or part of the remainder of an estate after specific
bequests are made;
• a percentage bequest granting a certain percentage of an estate;
• a bequest of a specific amount from the estate; or
• a contingent bequest naming CMC as a recipient in case another beneficiary
is unable to receive a bequest.
Bequest language can be quite simple, for example by stating in a will “I give (the residue, a specified percentage, or a specific amount) to the Community Meditation Center, having its principal offices at 5 West 86th St., New York, NY 10024, for its general purposes and use.”
Feel free to address questions to Susanna or Allan at 212-787-7272. If you would like to make such a legacy gift, please consult your attorney for the best way to fulfill your wishes.