An Array of Planned-Giving Options
There are many ways to become a member of the Legacy Circle and ensure the GLBT Historical Society’s future through your estate planning:
You can make a bequest by naming the GLBT Historical Society in your will or living trust. This gift can be for a specific dollar amount or for a percentage of your estate.
You can leave a specific asset to the GLBT Historical Society to be sold and the proceeds used to support the society. Such assets may include real estate, stocks and bonds, high-value artwork or collectibles.
You can name the GLBT Historical Society as the beneficiary of all or a percentage of the proceeds from a life insurance policy or annuity. This is typically easily arranged through your insurer or their agent.
You can name the GLBT Historical Society as the beneficiary of all or a percentage of your IRA, 401(k) or other retirement accounts. There are substantial tax benefits associated with such gifts, as retirement funds are usually taxable when withdrawn by the owner or the ownerʼs heirs, but are not taxed when left to charitable organizations.
You can make a gift through a tax-advantaged structure such as a charitable lead trust or charitable remainder trust. Your tax preparer or estate planner can advise you on these options.
You can designate a gift to the society through a donor-advised fund, where you make a contribution to the fund and immediately realize the tax deduction, then direct gifts to charities from the fund over time. Such funds are easily set-up through many foundations and brokerage firms. Horizons Foundation is a great place to establish a donor-advised fund.
For More Information
To learn more about the Legacy Circle and planned giving, please contact us at gro.y1516319643rotsi1516319643htblg1516319643@ycag1516319643el1516319643 or (415) 777-5455 ext. 4.
Join the Legacy Circle
About the GLBT Historical Society
Founded in 1985, the GLBT Historical Society is a registered 501(c)(3) nonprofit organization. Our Federal Tax Identification Number is 94-2989004.