Legacy Giving - Join the Fostering Futures Circle

Fostering Futures Circle is a special group of caring individuals who have shown their support for foster youth with a legacy gift. A legacy gift is a lasting investment to ensure that SFCASA can continue to provide a caring, consistent adult relationship for youth who need one most.

Legacy Giving can be done directly through a will or trust, by naming SFCASA as the beneficiary of a retirement account, or through giving options that provide tax benefits and even income.

Legacy Gifts offer many benefits to you and your loved ones:

  • Your assets remain in your control throughout your lifetime

  • You can modify your gift to address changing circumstances

  • Your investment in SFCASA may reduce potential estate taxes and/or help your loved ones avoid paying income tax on their inheritance

Contact Us to learn more or to request a complimentary Estate Planning Guide.

If SFCASA is already included in your estate plans, please let us know. We would be grateful for the opportunity to thank you for your support and immediately recognize your generosity by welcoming you into the Fostering Futures Circle. 

Benefits of membership include:

  • Priority Invitations to special events

  • Two half price tickets to SFCASA’s annual Fostering Change Gala (or future signature event)

  • Recognition in the Annual Reports (you may also choose to remain anonymous)

  • SFCASA’s email newsletter to keep you up-to-date, if desired 

  • The rewards of knowing you are investing in the lives of future foster youth 

Bequests from a Will or Trust

The most common form of legacy gift is a bequest from a Will or Trust. A bequest is a section of your will or living trust that directs a gift from your estate to the person or institution of your choice.

  • Bequests may be a fixed amount (ex: $20,000), a percentage (such as 10%) or a remainder after all other specific bequests have been distributed

  • Specific property such as real estate, may also be used in a charitable bequest

Sample language to add a bequest to a Will or Trust: 

General Bequest: “I give to SFCASA, a California nonprofit corporation, Tax ID #94-3039028 the sum of $___ to be used in furtherance of its exempt charitable purposes.”

Residual or Proportional Bequest: Substitute “xx percent” or “all of the residue of my estate”

Bequest of Property: Substitute “all of my interest in the following described property” ______________________________________

Contact Us to learn more or to request a complimentary Estate Planning Guide.

Charitable Gifts from Retirement Accounts

Take Advantage of Favorable Tax Strategies with a Legacy Gift from a Retirement Account

When deciding which assets to leave to heirs and which assets to leave to causes you care about such as SFCASA, choose to make bequests to nonprofits from retirement plans such as an IRA, SEP or 401(k).  Retirement plan gifts are taxable to heirs, but not to charities.

Bequests from IRA’s are one of the easiest legacy gifts to set up: all it takes is a simple change of beneficiary form – your financial advisor or IRA administrator can assist you or direct to you an online form.

Contact Us to learn more or to request a complimentary Estate Planning Guide.

Gifts of Real Estate

If you own real estate, consider gifting it to SFCASA when you no longer need it.  In addition to avoiding the hassle of a sale, gifting real estate such as your residence or a rental property may provide significant tax and other benefits. 

 There are multiple ways to invest in with a gift of real estate:

  • Make a specific bequest in a will or trust

  • Avoid paying capital gains on appreciated property by gifting it to SFCASA, who will sell it and invest the proceeds for the future of San Francisco's foster youth

  • Consider a life estate: transfer a future interest in your home now, receive a sizable immediate tax deduction, and continue to use and enjoy the home during your lifetime.  A future gift with immediate benefits!

Contact Us to learn more or to request a complimentary Estate Planning Guide.

Gifts that Pay Income to the Donor

Charitable Remainder Trusts, Charitable Annuity Trusts, and Charitable Lead Trusts each allow donors to make a gift of cash or appreciated property in exchange for payments for their lifetime or a term of years.

  • Avoid capital gains on the sale of your appreciated assets

  • Receive an immediate charitable income tax deduction for the charitable portion of the contribution

  • Establish a future legacy gift to SFCASA

Contact Us to learn more or to request a complimentary Estate Planning Guide.

This information is intended to be educational in nature and does not serve as professional tax, legal, or accounting advice. For specific advice about any of these concepts, please consult your qualified professional advisor(s).