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We’re so glad to have you as a member. You now have access to benefits that can help you choose right, be safe and stay informed.
Create a Charitable Legacy

Acts of philanthropy are unique expressions of individual values, ideas, and relationships. Creating a charitable legacy through estate planning is a powerful way to reflect and provide for the organizations and causes that are important to you.

The control and design of your charitable legacy lies with you and there are a number of easy ways to support Consumer Reports’ enduring role as the independent and unbiased voice of consumers today and for generations to come.

You can provide support through:

Request Information

If you would like more information on estate planning, you can request any or all of the following brochures by emailing or you can speak to Amanda Das at 202-719-5904. You can also download them to print at home through the links below.

Your Will

Naming Consumer Reports as a beneficiary in your will is one of the most meaningful ways to ensure that charitable giving—and the work of Consumer Reports—is part of your legacy. We are committed to putting consumers first, today and tomorrow, as we have for more than eight decades.

Creating a will: If you are creating a will for the first time and would like to name Consumer Reports as a beneficiary, you will need the help of an experienced estate planning attorney and you will need to name an executor to ensure that the terms of the will are carried out in accordance with your wishes.

Revising an existing will: If you already have a will and decide that you would like to include Consumer Reports in that will, you do not need to create a new one. You can ask your attorney to prepare what is called a “codicil.” This is a simple amendment to your original will.

If you are creating or revising your will, you will want to include our name and accepted language such as this:

"I give and bequeath (The Trust shall distribute) to Consumer Reports, Inc., Yonkers, N.Y., the sum of $________ (or percent of the rest and residue of my estate or trust) to be used by it for its general charitable purposes."

If you include Consumer Reports in your estate plans, we would also like to recognize you as a member of the Consumer Reports Legacy Society. By making this commitment, you join a special circle of individuals dedicated to advancing the mission and values of Consumer Reports. As a member, you will be acknowledged in our Annual Report, will be invited to special events, and will receive regular updates on the victories we are achieving together.

Your Life Insurance

Designating Consumer Reports as a beneficiary of your life insurance may enable you to make a larger gift than you thought possible. Consumer Reports has benefited from several life insurance gifts that have provided funds that further support our work.

If you wish to make Consumer Reports a beneficiary of your life insurance, you can request forms from your insurance company that allow you to add or change your beneficiary. These are usually found on the company website or can be requested by phone. To make Consumer Reports a beneficiary, please use the address below along with our Tax ID number to complete the form.

Consumer Reports
Attn: Planned Giving
101 Truman Ave
Yonkers, NY 10703
Tax ID #: 13-1776434

To ensure that your wishes are honored, remember to keep an up-to-date beneficiary form filed with your insurance company. Even if you indicate in your will that you wish a specific charity to receive the proceeds of your life insurance, if the insurance company has an older form, the law dictates that the beneficiary form, no matter how old, takes precedence.

Your Retirement Plans

Designating Consumer Reports as a beneficiary of your individual retirement account, or Keogh, 401(k), or 403(b) plan is one of the simplest and most tax-efficient ways to provide for your retirement while supporting CR’s independent and rigorous testing, rating, and reviewing on behalf of consumers.

Retirement plans left to children will be subject to income tax and (if you have a taxable estate) estate tax. Plans left to charities will be subject to neither, so if you are trying to choose which assets to leave to whom, remember this distinction.

If you choose this type of legacy gift, it is important to know that:

  • Your retirement account withdrawals will continue during your lifetime
  • Your gift to CR becomes effective only when you no longer need the assets
  • You can name a spouse or partner as the primary beneficiary if you die first, and CR as secondary beneficiary
  • You may choose to donate all the remaining assets in your account or a percentage

If you choose Consumer Reports as a beneficiary of your retirement plan, you can request forms to add or change your beneficiary through the company website or by calling. Please use our address below with our Tax ID to complete the form:

Consumer Reports
Attn: Planned Giving
101 Truman Ave
Yonkers, NY 10703
Tax ID #: 13-1776434

To ensure that your wishes are honored, remember to keep up-to-date beneficiary forms filed with your retirement plan.

Your Charitable Gift Annuity

Arranging a charitable gift annuity with Consumer Reports is a great way to benefit both you and CR. An initial investment provides returns to you during your lifetime and supports our work on behalf of consumers in the future.

You can contribute cash or securities to Consumer Reports to create a charitable gift annuity (CGA). Your gift of $10,000 or more guarantees you payments for life at a fixed rate and an income tax deduction. Payments can begin immediately or they can be deferred.

If you decide to establish a CGA with Consumer Reports, it is important to know that:

  • You will receive a federal income charitable tax deduction in the year you make the gift.
  • You must be 55 to establish a CGA and 60 to receive payments.
  • You can make your gift with cash or stocks. If you use stocks, that may also reduce your capital gains taxes.
  • A portion of your payments will be tax-free.
  • You can create a joint annuity with a spouse or partner. Please contact us if you are interested in setting up a CGA to benefit another person.

CGA Payment Example

This table shows how the CGA might work. Details, payment amounts, and charitable rates will vary based on your personal circumstances.


Donation Amount

Tax Deduction

Annual Payment (for life)

Tax-free portion of payment

Jim, age 70





You can use the Gift Annuity calculator below to see a personalized illustration. You can also contact Nancy Smith for more information or to receive our complimentary brochure about CGAs at 877-275-3425 or

Please contact Amanda Das with questions about including Consumer Reports in your estate plans or to let her know you have already done so. Contact Nancy Smith for questions and information about charitable gift annuities.

Planned & Major Gifts

Write To Us

Amanda Das, Associate Director
Consumer Reports
101 Truman Ave
Yonkers, NY 10703

Call Us

202-719-5904 (direct)
877-275-3425 (Planned Giving)

Charitable Gift Annuities

Write To Us

Nancy Smith, Program Manager
Consumer Reports
101 Truman Ave
Yonkers, NY 10703

Call Us

914-378-2604 (direct)
877-275-3425 (Planned Giving)

Please note: This information is not intended as tax or legal advice. It is important to seek your own independent legal counsel and financial advice when preparing your estate plans. The laws regarding the validity and enforcement of wills vary from state to state.
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