Throughout our lives, there are moments when we pause to reflect on what we have achieved and what we hope to accomplish for ourselves, our families, and the environment. We consider how to write each chapter of our life story in a way that embodies our values in word and deed.
Perhaps you’ve wished you could do even more for redwood protection but were concerned about making a commitment you might not be able to keep or using resources you might in the future need for yourself or your family. You may be surprised to learn that most legacy gifts:
- Require no immediate donation. The gift transfers to Sempervirens Fund only after your lifetime.
- Maintain your ability to change your mind at any time. You are not locked into a decision you make today.
- Are welcome in any amount. You can take care of loved ones and support Sempervirens Fund at the same time.
Join The Redwood Legacy Society
Thank you for considering a gift in your will, trust, or by beneficiary designation to Sempervirens Fund. All legacy gifts, large or small, make a meaningful difference to our organization!
With a gift in your will, you become a member of our Redwood Legacy Society, a passionate group of givers who intend for future generations to enjoy the magnificent coast redwoods of the Santa Cruz Mountains. Society members receive special invitations to Sempervirens Fund events.
We welcome the opportunity to discuss your planned gift ideas with you. Please contact Amanda Krauss, Director of Tribute and Legacy by email or phone at (650) 949-1453 x204. We also encourage you to consult your professional tax or legal adviser prior to establishing a legacy gift.
Will or Living Trust
Naming Sempervirens Fund as a beneficiary in your will or living trust (bequest) is the most common way you can make a planned gift. It is a simple – and valuable – way to help preserve the coast redwood forests of the Santa Cruz Mountains for future generations. Bequests allow donors to make extraordinary contributions at the end of their lives that create a living legacy that lasts as long as the redwoods.
Sempervirens Fund suggests this simple language for your will, codicil to your will, or your living trust:
“I hereby give and bequeath (a specific amount/a percentage of your estate/or specific assets) to Sempervirens Fund, a not-for-profit, tax exempt land conservancy incorporated under the laws of the State of California, having as its principal address 419 South San Antonio Road, Suite 211, Los Altos, CA 94022-3640, for Sempervirens Fund’s general purposes.”
Sempervirens Fund’s tax ID # is 94-2155097. Gifts to Sempervirens Fund made in your will or living trust may entitle your estate to a charitable tax deduction. Here are a few additional types of legacy gifts for your consideration:
You can name Sempervirens Fund as a partial or total beneficiary of your retirement accounts, life insurance plan, Donor Advised Fund (DAF), and other financial accounts, including your bank and brokerage accounts.
- It is the easiest way to make a gift without the expense of an attorney.
- The gift is distributed outside probate and are transferred to Sempervirens Fund free of federal estate and income tax. 100% of your gift will help the redwoods!
- You can change your beneficiaries at any time, retaining maximum flexibility.
Simply request a change of beneficiary form from your plan provider and include Sempervirens Fund as a full or partial beneficiary or update your beneficiaries through your online account.
Qualified Charitable Distribution from Your IRA
You can also use your IRA to make a meaningful gift now. Taxpayers age 70½ or older can make tax-free distributions to charities directly from their IRA to Sempervirens Fund. While many supporters use their Required Minimum Distribution to make a gift, you can give up to $100,000 per taxpayer, per taxable year. You won’t pay income taxes on this distribution.
A simple way to make your QCD is to visit your IRA administrator’s website to determine if you can make your gift online. If you do not wish to make your QCD online, get started by requesting a QCD form from your IRA administrator.
Make sure you include Sempervirens Fund’s Tax ID number – 94-215509. Because some IRA administrators will not include your name with your gift, please let us know so we can ensure you get the correct IRA acknowledgment.
Charitable Remainder Trust (CRT)
A charitable remainder unitrust can provide you and/or other beneficiaries with income for life or for a fixed number of years. Many people prefer to use real estate to fund a CRT, but you can also donate cash or appreciated securities. For your donation, you receive an immediate income tax deduction for a portion of your contribution to the unitrust and savings on capital gains taxes, too. You will also have the satisfaction of making a significant gift that benefits you now and Sempervirens Fund later. With this type of gift, you can:
- Avoid paying capital gains on sales of appreciated stock and real estate
- Give up the stress of being a landlord, while retaining a lifetime income stream
- Receive a significant charitable income tax deduction
- Remove assets from your taxable estate
At your death, the trust assets are used for the charitable purposes that you have specified, of buying and preserving critical redwood forest lands in the Santa Cruz Mountains.
Other Gifts of Real Estate
With a retained life estate, you may live in the property for life. The real estate used in this manner can be your primary residence or secondary residence. You will be entitled to an income tax deduction equal to a portion of the value of the real estate when you make the gift.*
Donating property outright to Sempervirens Fund frees you from the costs and responsibilities of ownership. If you have owned the property more than a year, you will enjoy a charitable income tax deduction equal to the property’s full fair market value. You will eliminate any capital gain and the gift reduces your future taxable estate.
A gift of real estate by bequest. You can include a gift of real estate to Sempervirens Fund in your will or living trust and you will be eligible for a charitable estate tax deduction upon your death.
Sempervirens Fund must evaluate and approve any gifts of real estate in advance. For more information please contact Amanda Krauss, Director of Tribute and Legacy by email or phone at (650) 949-1453 x204.
Thank you for considering Sempervirens Fund for your legacy gift! We look forward to working with you.
*Subject to certain IRS guidelines