As the CFO/Assistant Treasurer of the City Bar Fund, I consider giving to charity to be a vital and noble practice. Some pundits say that those who make philanthropic gifts live longer. To follow the path of charity and at the same time add years to one’s life is clearly a wonderful win-win situation, but I leave the proof to others.

For those who own securities, though, there is another great win-win situation associated with charitable giving that I am happy to promote and document: gifting appreciated long-term securities to a nonprofit.

A gift of appreciated securities held for more than one year may provide significant benefits to you as a contributor, such as:

  • Entitling you to a charitable income tax deduction for the fair market value of the gifted securities as of the date of the gift.
  • Eliminating capital gains tax that would ordinarily become due if you sold the appreciated securities on the open market and donated the proceeds to charity.
  • Claiming your charitable deduction against up to 30% of your adjusted gross income.  Any unused deductions can be carried forward over the next five years.
  • Providing a way to help you to achieve your long-term financial objective of reducing your income and estate taxes.

There are some things to keep in mind. If you have securities that have declined in value over the years and are interested in donating them to charity, you may find it more advantageous to sell the securities first and contribute the proceeds to charity as opposed to donating the securities outright.  This strategy should allow you to claim a deduction for both the loss from the sale of the securities and the charitable gift.

If you are considering donating stock that is subject to a cash merger or tender offer, it is important for you to note that you will be subject to tax on the capital gain even though the shares were transferred to the charity before the tender offer became effective.

There may be particular circumstances relevant to your financial position, so it is always important to consult your tax advisor.

If you are interested in making a gift of securities to the City Bar Fund or one of its departments, please email either me or Marilyn Casowitz to obtain the stock transfer instructions.

All the best for the holidays!

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A copy of the City Bar Fund’s most recent annual financial report may be obtained from the City Bar Fund or the New York State Attorney General’s Charities Bureau, ATTN: FOIL Officer, 120 Broadway, New York, NY 10271.

 

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These days, it is not uncommon for attorneys to work abroad for periods of times. We are a peripatetic group. Certain ties, however, continue to bind. We maintain allegiances to particular places and causes.  Perhaps you are an attorney working in the U.K. but admitted in New York and you want to make a year-end charitable gift to a U.S. legal services organization that provides legal services to the poor and underserved. You may be interested in supporting this critical philanthropic purpose, as well as in satisfying the pro bono reporting requirements on your New York biennial attorney registration. We hope you will consider the City Bar Justice Center (CBJC).

Recently, CBJC was asked by a London-based lawyer to register with the CAF American Donor Fund (CADF) so that the lawyer could make a gift. CBJC is now an approved charity to receive grants from CADF, which is a subsidiary entity of the Charities Aid Foundation (CAF), a family of charitable organizations registered in the U.K. Giving through CADF, a donor advised fund, may allow donors who pay tax in both the U.S. and U.K. to benefit from the incentives that encourage support for nonprofits both here and abroad. These donors may otherwise find that U.S. tax rules invalidate U.K. tax breaks on charitable giving and vice-versa. For more information about CADF, please visit www.cafonline.org/americandonorfund.

It is important to consult your tax and/or financial advisor about tax-advantaged giving. If you have questions or want assistance with making a gift, please contact CBJC’s Director of Development, Marilyn Casowitz, at 212.382.6661 or mcasowitz@nycbar.org.

(A copy of our most recent annual financial report may be obtained , upon request, from the City Bar Justice Center or the New York State Attorney General’s Charities Bureau, ATTN: FOIL Officer, 120 Broadway, New York, NY 10271.)

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Over the last few years, the Consumer Bankruptcy Project (CBP) of the City Bar Justice Center had to advise rent-stabilized tenants considering filing for Chapter 7 bankruptcy relief in New York that there was a risk that they could lose their apartment if they filed for bankruptcy. A rent-stabilized lease protects a tenant from excessive rent increases, requires a landlord to offer renewal leases to the tenant, and allows qualified family members living with the tenant to remain in the home if the named tenant passes away or moves out. For many of CBP’s clients the possibility that filing for bankruptcy might result in being forced out of the affordable apartments where they’ve lived for many years, often for more than 30 years, was traumatic.

In a recent landmark opinion, Santiago-Monteverde v. Pereira (In re Santiago-Monteverde), 2014 NY Slip Op. 8051 (N.Y. Nov. 20, 2014), the New York State Court of Appeals, responding to a certified question from the United States Court of Appeals for the Second Circuit, has concluded that a rent-stabilized apartment is exempt from a debtor’s bankruptcy estate.

In the Monteverde case, the Chapter 7 Trustee relied on Section 365 of the United States Bankruptcy Code, allowing the Trustee to assume and assign the lease to the landlord for a value, which would have resulted in the tenant losing her apartment. The Bankruptcy Court for the Southern District of New York ruled in favor of the Trustee. The debtor in the Monteverde case appealed to the Second Circuit and that Court in turn certified the question to the NYS Court of Appeals. The NYS Court of Appeals’ opinion now makes it clear that a rent-stabilized apartment is exempt from a debtor’s bankruptcy estate as a “local public assistance benefit” defined under Section 282 of New York’s Debtor and Creditor Law, because it protects a class of tenants who could not otherwise afford skyrocketing rental prices in a limited housing market.

This opinion is scheduled to go back to the Second Circuit for inclusion in that Court’s final decision. Once this is done, rent-stabilized tenants will finally be able to take advantage of the financial relief offered by a Chapter 7 bankruptcy filing without the threat of losing their homes.

A generous grant from The New York Community Trust has enabled the CBP for the past two years to extend its reach to larger numbers of consumers considering Chapter 7 bankruptcy relief, among them many rent-stabilized tenants which it has counseled about the risk of loss of their apartments. Once the Monteverde decision is issued by the Second Circuit, CBP expects a significant increase in its caseload, as those who refrained from seeking bankruptcy relief will be able to move forward to obtain the economic fresh start they need.

 

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On November 13, 2014, as part of the New York City Immigration Advocacy Initiative’s (NYCIAI) final clinic for the year, over sixty participants in the Children’s Aid Society’s programs received free immigration consultations from experienced practitioners.

Since its inception in 2007, NYCIAI, a collaboration between the City Bar Justice Center’s Immigrant Outreach Project, the American Immigration Lawyers Association (AILA), and Fragomen, Del Rey, Bernsen & Loewy LLP, has conducted several dozen such clinics.  NYCIAI partners with community-based organizations throughout New York City to conduct clinics where practitioners advise members of New York City’s underserved immigrant communities.

The City Bar’s Immigrant Outreach Project, led by the new Fragomen Fellow Danny Alicea, and twenty four practitioners rushed uptown after work to volunteer at the clinic.  “Coming into this role, I inherited the longstanding tradition of facilitating clinics with great organizations like the Children’s Aid Society. They rallied up the families; we brought the lawyers,” said Alicea.  The Children’s Aid Society transformed a large junior high school lunch room into office-like private work stations, innovatively using folded cafeteria tables as dividers.  With great finesse, they mobilized clients to attend the clinic—an overwhelming task, considering it was also the night of city-wide public school parent-teacher conferences.

The twenty four volunteer attorneys ranged from recently admitted attorneys to practitioners with more than ten years of experience. Among them were Martine Cuomo, a partner at Fragomen, and Matthey Bray, AILA’s pro bono committee chair.  Volunteers advised primarily on family-based immigration issues, but because so many expert practitioners were in attendance, we were able to provide roadmaps to individuals with all kinds of immigration issues, ranging from U-visa eligibility, asylum, naturalization, and complicated waiver inquiries.  “I was amazed at the variety of issues.  I really enjoyed the challenge and being able to help so many clients,” said Cuomo.

The City Bar Justice Center, Fragomen, and AILA will continue their community outreach activities through the NYCIAI collaboration.  The planning stages for the NYCIAI’s 2015 series of clinics has already begun.

 

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Suzanne Tomatore, the project director of the City Bar Justice Center’s Immigrant Women & Children (IWC) Project, was one of only four U. S. representatives from service providers to attend  the U.N. Office of Drugs and Crime (UNODC) October 22 & 23 meeting in Vienna, Austria, on the role of recruitment fees and recruitment agencies in trafficking in persons. Recruitment fees are often mentioned as a factor that can fuel trafficking in persons.

A group of 25 experts attended from various countries including Serbia, Mexico, The Gambia, Zambia, Uganda, and several throughout Europe. About half the group was government officials or agents, including a police chief from Germany and an immigration official from Spain, and a third of the group consisted of representatives from UN affiliated agencies that work on policy.

The meetings were informal and all participants had the opportunity to present and comment on various subtopics. UNODC has contracted with consultants from Verité and others to draft a report on recruitment and trafficking that will be ready next year.

In her presentation, Suzanne shared her first-hand experience at IWC  working with survivors of labor trafficking. She included an overview of U.S. trafficking laws on labor and foreign labor recruiting and case studies from her docket at the City Bar Justice Center. She also presented some examples of recent U.S. civil cases.

At the end of the second day, the meeting group came up with some goals to strive for in connection with these issues, including:

  • Transparency for both the recruiter, the employer and the employee
  • No identification documents should be withheld
  • Freedom to change employment
  • Access to remedy
  • Safe working conditions
  • Workers are to be timely and directly paid

Suzanne called the meeting a very valuable opportunity for shared learning and policy recommendations. “Israel, for example, has an agreement with the Thai government to recruit foreign workers and has promoted a bilateral agreement as a way to curb exploitation and fraud in labor contracting,” she said. “Overall, it was a very interesting and engaging discussion on fair labor practices and trafficking. I look forward to the final report, in particular, to help us better assist our pro bono attorneys in working on these cases.”

 

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The City Bar Justice Center’s Neighborhood Entrepreneur Law Project is pleased to partner with the Association of Pro Bono Counsel (APBCO) along with ten other legal service organizations to host a Small Business Academy (SBLA) at Brooklyn Law School on November 19. The SBLA is a comprehensive one-stop shop for small business owners to learn how to proceed with their ventures.

This is the second annual SBLA in which the Justice Center has participated. The first was held last year at Harlem’s Apollo Theater, where over 200 entrepreneurs received free legal counsel from volunteer attorneys representing nearly 35 top NYC law firms. This year’s SBLA is expecting nearly 100 attorneys to volunteer in addition to the legal service providers, financial consultants, and City and State agencies that will be providing free services to the fledgling businesses and aspiring entrepreneurs who may otherwise not have the means to receive expert counsel.

For more information and to register, please click here.

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The 2014 Combined Federal Campaign (CFC) is off and running, and this year the City Bar Justice Center (CBJC) is participating for the first time. What this means is that anyone who is a federal employee, including lawyers, can support the CBJC as part of their workplace giving.

What the CFC does is encourage and make it easy for federal government workers to ‘give back’ by providing them with a listing of qualified charities and allowing them to donate through payroll deductions or one-time contributions. The campaign runs from mid-September to mid-December each year.

You can find CBJC under the name “City Bar Fund” and our number is 50267 in the online and paper listing of charities provided by the CFC. We hope you will help us spread the word (and number)!

It is a great year for us to join the pool, because the CFC introduced “universal giving” with this campaign. Universal giving expands federal employees’ giving opportunities by allowing employees to donate to local charities that are not within the regions in which they currently work. Therefore, someone who works for a federal agency in D.C. is able to select us to be the beneficiary of his/her charitable workplace giving even though we are a New York City charity. The one requirement is that the contribution be arranged online rather than through the paper system.

CBJC staff have been attending charity fairs and employee education events organized by federal agencies to promote the campaign, distributing materials, addressing large groups, and speaking one-on-one  with attendees. The agencies include the General Services Administration, International Court of Trade, Equal Employment Opportunity Commission, Post Office, and Internal Revenue Service. It has been exciting to publicize the work of CBJC and the City Bar Fund, and we are finding a receptive audience.

If you have any questions, please email Marilyn Casowitz, CBJC’s Director of Development.

 

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The City Bar Justice Center’s Immigrant Women and Children Project recently met with a group of legal, labor rights and government agency leaders that work on issues of labor migration and human trafficking. The group was travelling with the Solidarity Center, a non-profit international organization that assists workers around the world struggling to achieve safe and healthy workplaces, family-supporting wages, social protections and a voice on the job. The leaders came from Bangladesh, India and the Maldives and work with migrant workers in the host, transit and destination countries and were uniquely situated to see the full effects of migrant worker exploitation.


Murshida Akter from the National Domestic Women Workers Union and Chandon Kuma Dey from the Bangladesh Independent Garment Workers Union Federation both work with workers from specific labor sectors and assist union leaders in advocating for workers.

Muslima Adter Roge and S K Rumana from BOMSA counsel migrant workers before they depart and coordinate with agencies in destination countries if workers experience exploitation or trafficking, to get them services and repatriate them. If migrant workers die while abroad, BOMSA assists in retrieving the bodies and ensuring that the workers’ families receive the pay that the worker should have received.

Fahmida Akther from the Bangladesh National Women Lawyers Association and Gayatri Jitendra Singh from the Human Rights Law Network in India work by providing legal services to victims of labor exploitation and trafficking and advocating with their respective governments to change the law and policy toward migrant workers.

Aishath Nafa Ahmed works with the Maldives Labour Relations Authority to change law and ensure adequate implementation to prevent human trafficking in a country where nearly half the population are migrant workers.

Jasiya Khatoon represents the Welfare Association for the Rights of Bangladeshi Emigrants, a workers’ rights organization that raises awareness of unlawful or unrelated recruiters and trafficking in order to improve conditions for migrants.

At the City Bar Justice Center, this group of activists, lawyers, and government officials were able to meet with New York-based lawyers and service providers to discuss the overlap in our work and our different strategies for assisting the victims of human trafficking.

 

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Since its inception in 2004, the City Bar Justice Center’s (CBJC) Pro Bono Consumer Bankruptcy Project (CBP) has been a highly successful initiative. The project recruits, trains and mentors law-firm attorneys who, working with Justice Center staff, provide free legal assistance to low-income debtors in bankruptcy matters.

Part of the success of this model was due to the issuance of a favorable Formal Ethics Opinion (2005-1) by the City Bar Committee on Professional and Judicial Ethics, wherein the committee concluded that under certain conditions volunteer lawyers from large commercial law firms could represent both low-income debtors in Chapter 7 bankruptcy cases and their creditors in unrelated matters without having a conflict of interest. This opinion removed a significant road block to law firm attorneys looking to volunteer with projects like the CBP. The opinion has also served as a model for pro bono programs in other jurisdictions such as Boston.

Recently the New Jersey Volunteers Lawyers for Justice (VLJ) created a low-income bankruptcy clinic using a model similar to that of the CBP and enlisted the help of volunteers from the firm of Lowenstein Sandler LLC, a New Jersey-based firm that already volunteers with the CBP. Because some of the prospective volunteers were concerned about possible conflicts of interest, the VLJ asked the New Jersey Advisory Committee on Professional Ethics (ACPE) to issue an opinion.

ACPE concluded that before volunteers could assist the VLJ, they would have to inform both prospective clients and obtain the consent of each to participate in the program. This condition would effectively prevent most volunteers from working with the VLJ. The VLJ appealed the opinion to the Supreme Court of New Jersey. The firm of DLA Piper LLP submitted an amicus brief to show the public benefit of pro bono representation for bankruptcy-related issues, and they asked the CBP to submit the City Bar Ethics Opinion and supporting statistics showing the need for, and value of, pro bono assistance in these types of matters.

On July 2, 2014 the Supreme Court of New Jersey issued a unanimous decision overturning the action of the ACPE. In doing so they cited the City Bar Ethics Opinion in support of their ruling and went on to state:

“Programs like the VLJ’s clinic help address this crisis [the inability to obtain legal services in civil matters], as volunteer lawyers try to pave the way for debtors to recover financially. We commend the lawyers in this and other pro bono initiatives who offer their skill and help at a time of need. By doing so, they help bridge the justice gap that leaves many low-income residents in New Jersey without legal services.”

This decision is a great victory in the fight for more pro bono legal services for those in need. The CBP is happy to have been of assistance to those organizations and firms who brought this case and fought for the successful outcome.

 

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Today the staff and director of the Immigrant Women and Children Project hosted a meeting with Tomomi Shimizu, Senior Program Manager of the Tokyo-based Kamonohashi Project.  The Kamonohashi Project is an anti-human trafficking organization with operations in Cambodia and India. They partner with local NGOs and the criminal justice system in order to gather data and coordinate efforts and training to raise awareness and provide support for survivors.

Tomomi Shimizu spoke about her program’s work in India, which they began in 2012. They studied the patterns of migration and found that nearly half of girls and women who are victims of sex trafficking in the region around Mumbai are originally from West Bengal in Northeast India. They focused their preventative work in West Bengal where they work with local partners toward an increased rate of investigation of inter-state trafficking and empowering survivors to testify in cases against their traffickers. Tomomi Shimizu is in the U.S. visiting other NGOs and government agencies to spread awareness of the Kamonohashi Project and learn from organizations engaging in similar work in the U.S.

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