Legacy Giving
Leaving a legacy gift to LCCRSF fuels the next generation to fight for civil rights in our local community and beyond. When you leave a legacy gift, your generosity sustains the work to dismantle systemic racism and powers the movement for justice for decades to come.
Planned Giving
By becoming a member of the LCCRSF planned giving community, you are making a commitment to move towards a world where everyone has equal access to safety, opportunity, and joy.
If you have included LCCRSF in your estate plans, we hope you will share news your gift with us at development@lccrsf.org. This enables us to recognize your gift properly and to keep you up to date with our work. LCCRSF keeps all information you share with us in strict confidence.
Bequests
A bequest is one of the most common (and simplest) ways to provide a legacy gift. All bequests are eligible for estate tax deduction.
Here are ways you can leave a bequest to LCCRSF:
- Specific Bequest – Designate the amount of money or specific asset (property, securities, etc.) you wish to donate.
- Percentage Bequest – Designate the percentage of your estate you want distributed to LCCRSF.
- Residuary Bequest – Instruct that any remaining part of your estate be distributed to LCCRSF after distributions are made to family, friends, etc.
- Contingent Bequest – Instruct that LCCRSF receive assets in the event that a beneficiary in your will is no longer living.
Sample bequest language:
I give and bequeath the sum of $ (or % of my estate) to the Lawyers’ Committee for Civil Rights of the San Francisco Bay Area to be used in support of its general philanthropic purposes.
If you would like to make a charitable bequest, our Federal Tax Exempt Number is 94-2581415.
Charitable Lead Trusts
With a charitable lead trust, you transfer cash or appreciated property to a trust, which makes payments to LCCRSF for a period of time after which the assets of the trust are transferred to your beneficiaries. These trusts are particularly useful for managing capital gains and gift taxes for assets that have appreciated in value.
Charitable Remainder Unitrust (CRUT)
You establish an irrevocable trust using an appreciated asset or cash. The trust pays you and/or another family member variable income for a term of years or for life, with remainder payable to LCCRSF.
Beneficiary Designations
Gifts of Life Insurance
Another simple way to leave a legacy of social justice is to name LCCRSF as a beneficiary of any individual or group life insurance policy. You will receive an estate tax deduction for insurance proceeds that go to LCCRSF upon your death.
Retirement Plans and Other Investments
An IRA, 401(K), 403(b) or another qualified retirement plan has tax benefits for accumulating assets, but at death it may be subject to income and estate taxes.
Without planning, over 60% of the value of your tax-deferred accounts may go to taxes. Gifting these accounts makes use of the full value of the assets. To leave your IRA or other retirement plan to LCCRSF (either as primary or contingent beneficiary), contact your retirement plan company to request a change in beneficiary designation form.
IRA Rollover
If you’re 70.5 or older, you can instruct your IRA custodian to make a qualified charitable distribution from your IRA to LCCRSF. You’ll pay no income tax on the amount and satisfy your required minimum distribution. Checks can be mailed to:
LCCRSF
131 Steuart St, Suite 400
San Francisco, CA
94105
Deferred Gifts & Contact Information
Have you already made a deferred gift to LCCRSF? We want to thank you properly and ensure your gift is used as you intend, so please let us know if you’ve already included us in your plans or made a deferred gift.
Questions? Please contact us at 415.543.9444 x223 or development@lccrsf.org
This page is for informational purposes only. As with any decision involving your financial or estate plans, we strongly advise you to seek the advice of your financial advisor for your estate planning.
