Legacy gifts extend your philanthropy beyond your lifetime.
Bequest in your Will or Trust
The Center can be named as a beneficiary in your will or trust in several ways: as a percentage of your estate, a specific dollar amount, real estate, artwork, specific stocks or securities, etc.
There are many investment vehicles and insurance products that have designated beneficiaries. Most of these products are designed to pay out the accumulated value of the policy or account to the designated beneficiaries. The Center for Spiritual Living, Santa Rosa can be named as a beneficiary on all types of insurance products, such as term or whole life policies, tax deferred or immediate annuities, etc.
Retirement Plans (IRAs, 401Ks, 403Bs, TSAs, etc.)
All retirement plans fall under the category of “qualified plans.” There are some important rules that must be followeed pertaining to the distribution of money from these plans. In some cases, it may be advantageous to name a charity, such as our Center, as part or whole beneficiary, in that the charity is a tax-exempt nonprofit organization.
The Center has established a means by which it can receive gifts, both immediate and deferred, to help perpetuate the teaching and practice of Science of Mind in the Santa Rosa community. Because such bequests create future value for the recipient organization, they are often referred to as a legacy. Our Legacy Fund empowers those who love our Center to ensure future generations will benefit from the expansive consciousness that enriches our lives. If you wish to contribute to the Legacy Fund, please contact Linda Hann, Chief Operating Officer, at (707) 546-4543, ext. 101 or firstname.lastname@example.org.
We are a 501(c)(3) nonprofit organization. Federal ID 94-2239294. Please consult with your financial and/or tax advisor and legal counsel regarding tax benefits for charitable giving. We do not give tax advice.