Do you want to create a lasting legacy for California’s future generations? LCF will help you realize your vision. We support a range of options that give you the flexibility and creativity to achieve your goals. Please contact Sara Velten if you are interested in exploring any of the following options.
After providing for your family, you may include language in your will or living trust naming LCF as the recipient of a testamentary gift. It is a simple way of realizing your vision for giving back for the long run.
Gifts can be cash, securities or personal property. You may contribute a specific dollar amount, a percentage of your estate or the residual of your estate in this manner. Your estate will receive a charitable deduction for the full donation, so your heirs will not pay estate tax on these assets.
GIFT OF LIFE INSURANCE
Perhaps you have set up a Life Insurance that you need less of today than when you established it? You can make a gift of an unneeded policy as a convenient and effective way of meeting your vision for giving back.
The simplest way is to designate LCF as a beneficiary of the policy. You can also transfer ownership of a paid-up policy, donate insurance policy dividends, or name LCF as designated owner and beneficiary, making annual gifts to LCF in the amount of the annual premium.
RETIREMENT PLAN CONTRIBUTION
Perhaps you have been a wise steward of your resources and have maximized your retirement funds? Congratulations, now you could use part of your funds to invest in making a difference for the greater good! You consider naming LCF as the beneficiary of your retirement funds, such as an IRA, 401k or 403b plans. This is a simple way to realize your vision for giving back and benefitting the community, all while avoiding sometimes unanticipated tax penalties.
LATINO LEGACY CIRCLE
Are you ready to make history? Then become a founding member of the Latino Legacy Circle. LCF wants to honor those who commit to making a lasting impact in the Latino community. Individuals who designate a gift to LCF through a will, stock options, trust, or other planned gift, or by making a gift to our Endowment Fund for $100,000 or more, are invited to join the Latino Legacy Circle. LCF will honor the members at a Legacy Circle Luncheon and provide them with an opportunity to see how the Endowment Fund is improving the Latino community. Members are also invited to other events throughout the year, including our exclusive annual Celebrating Philanthropy con Sabor Latino Gala. For more information please contact Sara Velten, VP of Philanthropy.