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Planned Giving
HOPE CIRCLE – MAKE YOUR MARK. HELP SHAPE ST. FRANCIS CENTER’S FUTURE
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CHARITABLE BEQUEST
St. Francis Center’s Planned Giving Program
A charitable bequest can be a meaningful way to make a gift to St. Francis Center. Whether you designate a specific amount or a percentage of your estate, including St. Francis Center in your will or revocable living trust costs nothing to make now and is simple to arrange. You can indicate your wishes in one of several ways:
- You can give St. Francis Center a specific amount of money, often referred to as a specific bequest.
- You can leave a percentage of all of the assets included in your estate at death, often referred to as a percentage bequest.
- You can leave a portion of the residual amount that is left in the estate after all specific bequests have been satisfied, which is often called a residuary bequest.
Sample Bequest Language
Below are a few examples of suggested bequest working that you may share with your legal counsel if you would like to make a gift to St. Francis Center through your will of living trust.
St. Francis Center’s tax ID is 95-7749271.
To St. Francis Center Unrestricted:
“I give { $_________ dollars, ____ percent of my estate, or description of asset } to St. Francis Center, a California nonprofit corporation, 1835 S. Hope St, Los Angeles, CA 90015 (Tax ID: 95-4479271), to use where the need is greatest.”
To St. Francis Center for a specific program, capital need, etc.:
“I give { $_________ dollars, ____ percent of my estate, or description of asset } to St. Francis Center, a California nonprofit corporation, 1835 S. Hope St, Los Angeles, CA 90015 (Tax ID: 95-4479271), to be used in support of _________ (specific program, capital need, etc.).”
To inquire about making a charitable bequest, please contact St. Francis Center’s Development Manager, Danielle Rayner, at 213.747.5347 x. 104 or at danielle@sfcla.org.
What are the benefits of making a bequest?
A bequest made to St. Francis Center through a will or living trust has many benefits:
Estate Tax Reduction:
A charitable gift made through your will or trust may reduce estate taxes assessed at your death.
Revocability:
A charitable bequest is revocable so that you may make changes to the beneficiaries of your estate throughout your lifetime.
Flexibility:
This type of gift can be directed to any program, capital need, or where the need is greatest at St. Francis Center.
Control:
When you include a charitable bequest in your estate plans, you have access to the assets during your lifetime, ensuring the funds are there if you need them to provide for unexpected occurrences.
And Best of All…
Your generous gift allows you to leave a lasting impact on St. Francis Center’s comprehensive programs and community for years to come. Thank you for your support.
