You can leave a lasting legacy to CYC through a gift from your will, trust, estate, or life insurance policy. We are grateful for gifts of all sizes.
Bequests
A gift from your will or trust gives you complete control of your assets during your lifetime, while leaving a generous legacy for CYC and the youth of San Francisco. For some, bequests can also potentially reduce estate taxes.
With a specific bequest, you can designate a specific dollar amount or specific asset to Community Youth Center. Sample:
“I give to Community Youth Center of San Francisco, Tax ID #94-1728818, presently headquartered at 1038 Post Street, San Francisco, CA 94109, [specific dollar sum or asset], to be used for its general purposes.”
With a residual bequest, CYC will receive the remainder of your estate, or a specified percentage, once all other bequests have been made and costs addressed. Sample:
“I give to Community Youth Center of San Francisco, Tax ID #94-1728818, presently headquartered at 1038 Post Street, San Francisco, CA 94109, [__% or all] of the residue of my estate, including real and personal property, to be used for its general purposes.”
A contingent bequest assumes you will leave your entire estate to loved ones; however, if you outlive any beneficiary, you can designate CYC to receive that portion of your estate:
“If [Name of Primary Bequest Recipient] is not living, I give [all, dollar amount, or ___%] of the remainder of my estate to Community Youth Center of San Francisco, presently headquartered at 1038 Post Street, San Francisco, CA 94109, to be used for its general purposes.”
Retirement plan gifts
You can make a gift from your 401k, IRA, 403B, or other qualified retirement plan by naming Community Youth Center as a beneficiary. Retirement plan gifts are fully tax-exempt.
Real estate gifts
Real estate can be donated as retained or standard gifts. Retained gifts allow you to benefit from an immediate income tax deduction while continuing to use your property during your lifetime. Standard gifts can be made via your will or living trust and result in a charitable income tax deduction at the time of donation.
Other gifts
CYC also accepts:
- Direct donations of stocks, bonds, and mutual funds
- Gifts from Donor Advised Funds
- Gifts from Charitable Remainder Trusts and Charitable Gift Annuities
To discuss making a larger gift or for additional legacy giving opportunities, please contact CYC at 415.775.2636 or email donate@cycsf.org for more information.
Community Youth Center of San Francisco (CYC) is a non-profit organization fully qualified under 501(c)(3) of the Internal Revenue Code. All contributions are tax deductible to the maximum extent permitted by law. CYC’s Tax ID#94-1728818.