Leave a Lasting Legacy with the Benicia Community Foundation
At the Benicia Community Foundation, we believe in building a stronger community for future generations. Legacy giving and planned donations offer you the opportunity to make a lasting impact on Benicia, ensuring that your commitment to the causes you care about continues well into the future. Whether you are passionate about supporting local arts, education, or social services, a planned gift can help sustain these vital programs and initiatives for years to come.
What is Legacy Giving?
Legacy giving, also known as planned giving, allows you to leave a charitable donation as part of your estate planning. These gifts often take effect after your lifetime and can be structured in several ways to align with your financial goals while supporting the mission of the Benicia Community Foundation. By including Benicia Community Foundation in your estate plans, you can ensure that your values live on and continue to make a difference in the Benicia community.
Types of Legacy Gifts
There are a variety of ways to make a planned donation, allowing you to tailor your giving to your unique situation. Some options include:
Benefits of Legacy Giving
Legacy giving offers several key benefits for you, your loved ones, and the community:
Legacy giving can be a complex process, but you don’t have to navigate it alone. The Benicia Community Foundation is here to help guide you through the process and answer any questions you may have. We work with you and your financial or legal advisors to ensure that your legacy gift aligns with your goals and makes the greatest possible impact.
Contact Us for More Information
If you are interested in exploring legacy giving or planned donations, we encourage you to get in touch with us for more information. Our team is happy to discuss your options and help you create a plan that reflects your philanthropic values.
What is Legacy Giving?
Legacy giving, also known as planned giving, allows you to leave a charitable donation as part of your estate planning. These gifts often take effect after your lifetime and can be structured in several ways to align with your financial goals while supporting the mission of the Benicia Community Foundation. By including Benicia Community Foundation in your estate plans, you can ensure that your values live on and continue to make a difference in the Benicia community.
Types of Legacy Gifts
There are a variety of ways to make a planned donation, allowing you to tailor your giving to your unique situation. Some options include:
- Bequests – One of the simplest forms of legacy giving, a bequest is a gift left in your will or living trust. You can designate a specific dollar amount, a percentage of your estate, or even a specific asset to be donated to Benicia Community Foundation after your lifetime.
- Charitable Trusts – Establishing a charitable trust allows you to leave a gift to the foundation while potentially providing income for your heirs. Options such as Charitable Remainder Trusts or Charitable Lead Trusts can be tailored to meet your needs.
- Retirement Plans – You can designate Benicia Community Foundation as a beneficiary of your retirement accounts, such as an IRA or 401(k). This allows for a tax-efficient transfer of your assets to support our community programs.
- Life Insurance Policies – By naming Benicia Community Foundation as a beneficiary of a life insurance policy, you can make a significant charitable gift that may not be possible with other assets.
- Real Estate and Appreciated Assets – You can donate property, stocks, or other appreciated assets to the foundation. These gifts may offer significant tax benefits while supporting the foundation’s long-term goals.
Benefits of Legacy Giving
Legacy giving offers several key benefits for you, your loved ones, and the community:
- Create a lasting legacy – Ensure that the causes you care about continue to thrive for generations.
- Potential tax advantages – Certain types of planned gifts may offer estate and income tax benefits.
- Flexibility – Planned gifts can be tailored to fit your financial situation and charitable goals.
- Personal satisfaction – Knowing that your contribution will make a lasting impact on the community brings peace of mind.
Legacy giving can be a complex process, but you don’t have to navigate it alone. The Benicia Community Foundation is here to help guide you through the process and answer any questions you may have. We work with you and your financial or legal advisors to ensure that your legacy gift aligns with your goals and makes the greatest possible impact.
Contact Us for More Information
If you are interested in exploring legacy giving or planned donations, we encourage you to get in touch with us for more information. Our team is happy to discuss your options and help you create a plan that reflects your philanthropic values.