Planned and Estate Gift Options
Through estate and planned gifts, alumni and friends – across all income levels – have the opportunity to provide significant, even transformational support to the SF State or particular Colleges, departments or programs.
Partly due to exponential real estate appreciation in the Bay Area over the last few decades, teachers right along with CEOs give planned gifts!
Depending on the type of estate or planned gift, donors can realize the following benefits:
- Named legacy and increased, long-term giving impact
- Lifetime income that is competitive with the commercial market, and often higher
- Tax benefits
- Roberts Society membership including special event invitations, perpetual annual report listing
For more information or to arrange a friendly, free (always), no-pressure planned giving consultation, please contact Grace Robinson, Esq., Planned Giving Director, 415/405-3809 or firstname.lastname@example.org.
Click on the following that highlight just a few planned and estate gift options:
The most popular type of planned gift is a bequest, either through a will or a living trust. They can be designated unrestricted to SF State in support of priorities determined by SF State's leaders, such as financial assistance, or to a specific College or program. Named funds are often created with bequests. Whether you decide to designate a percentage of your estate, dollar amount, or not disclose such specific details, please click here for the Roberts Society membership form to let us know you have included SF State in your will or trust. Also, click here for suggested text to use when developing a will. Thank you.
Life Income Gifts
Among the many types of life income gifts, the most popular are Charitable Gift Annuities (CGA), Charitable Remainder Trusts (CRT), and Charitable Lead Trusts (CLT). Numerous benefits include:
- Annual cash income for life to you or your beneficiary
- CGA income rates are fixed and guaranteed by California State University system
- CGA Income rates are rarely less than 5% and, depending on age, often higher than 11%
- Income tax deduction for the present value of your gift
- Reduce taxes on the increased value of gifted assets
- Reduce probate expenses and estate tax liability
Life income gifts can be arranged with outright cash gifts or, more commonly, by transferring nearly any type of asset including real estate, life insurance, IRAs and other retirement assets. Of course, any life income gift may be designated as unrestricted for use where SF State's leaders identify the most need (e.g., financial assistance) or to establish a named fund for a College or program.
Real estate and other appreciated assets, such as fine arts, are welcome donations through outright or planned gifts, or a combination that best achieves your tax and estate planning objectives. Tax benefits may be greater by donating appreciated assets directly to SF State, rather than selling them to donate the proceeds.
Donate IRA assets for special benefits: If you are 70 ½ years of age or older, recent legislation allows you to transfer funds directly from an individual retirement account (IRA) to a public charity without undesirable tax effects (not including IRA transfers to personally managed philanthropic vehicles such as supporting foundations, donor advised funds or charitable giving trusts).