Create your legacy for future generations.
Imagine a legacy in support of artists who will change the world for years to come. Estate planning is a meaningful and prudent way to impact the future of SFAI.
This type of charitable gift allows you to:
Types of planned giving:
You can begin planning at any age.
The most frequently made planned gifts are bequests, but gifts can also include donated assets such as stocks, real estate, art pieces, or business interests. There are several ways to support SFAI after your lifetime:
A bequest is the simplest type of planned gift. You may designate a specific dollar amount, percentage of your total estate, or a residual amount remaining after all specific bequests and expenses have been paid. Your bequest will also qualify for a charitable deduction.
Gifts may be made of land, buildings, artwork, residences, and commercial property.
Naming SFAI as beneficiary of retirement plans, life insurance policies, and transfer-on-death accounts allows you control of the funds during your life and provides a probate-free transfer of assets. This type of estate gift can lessen both income and estate taxes.
A life income gift enables you to make a significant contribution while protecting, or improving, your personal financial situation. In exchange for the transfer of assets, you (or a designated beneficiary) will receive income for life or a term of years, an immediate income tax deduction, and the potential for reduced estate taxes.
You can transfer ownership of appreciated securities such as stocks, mutual fund shares, and bonds to SFAI.
Sample Bequest Language:
Please feel free to use this complimentary bequest language when working with your attorney or estate planner.
I give [__ percent of my estate, or description of asset, or ____ dollars] to the San Francisco Art Institute, a California nonprofit corporation, for its general use.
I give [__ percent of my estate, or ___ dollars, or description of asset] to the San Francisco Art Institute, a California nonprofit corporation, for the restricted purpose of _______. If, in the future, the Board of Trustees of the Institute determines that the restriction placed herein would result in an impracticable use of the bequest, it may designate another purpose for its use that most nearly accomplishes my wishes.
For confidential information on how to make your legacy commitment, please contact the
Advancement Office at firstname.lastname@example.org or 415-749-4577.
Or write to:
Planned Giving, Development Office
San Francisco Art Institute
800 Chestnut Street
San Francisco, CA 94133-2206
The material presented on this website is not offered as legal or tax advice. Always consult with your financial advisor and/or your estate-planning attorney before making decisions based on the information we provide.