You don't have to be a millionaire to make a difference in the world.
Bequests are for everyone and anyone. They are sensible and simple gifts. A charitable bequest allows you to be a philanthropist and keep your financial options open.
Whether you are writing your first will or updating an existing one, we hope you’ll include Performing Arts Workshop in your plans.
You can use your will to give a specific dollar amount, a percentage of your estate, or a specific item, such as real estate, a boat, artwork, the family silver, or savings bonds.
Bequests and other estate gifts come in all shapes and sizes and are as different as the people who create them.
Some bequests are unrestricted, given for general purposes. The Workshop can put these gifts to use where they are most needed.
Some bequests are restricted, given for very specific purposes, such as a permanent endowment, or long-term projects. We are happy to discuss options with you.
Regardless of the amount, your bequest is a statement of your belief that learning art makes a young person more innovative, creative, and a better critical thinker—skills that are important now and will be important long after we are gone. When you demonstrate that you care enough about Performing Arts Workshop to support its future, others will follow your generous example.
Types of gifts:
Whatever you wish to give, we want to make it easy. Sample bequest language is below for you to share with your attorney.
You give your entire estate to Performing Arts Workshop.
I give all my real and personal property to Performing Arts Workshop, a San Francisco non-profit organization, located at 1661 Tennessee Street, San Francisco, CA, for its general purposes.
You give a specific amount, percentage of your estate, a specific asset, or collection of assets (cash, securities, or other property). Savings bonds, tax-deferred retirement accounts, and other items known as “income with respect to a decedent” are extremely tax effective ways to support our organization.
I give________ ($ amount, description of property, or % of estate) to Performing Arts Workshop, a San Francisco non-profit organization, located at 1661 Tennessee Street, San Francisco, CA, for general purposes.
Your will can stipulate that charitable gifts be made using all or a percentage of what remains of your estate after all specific bequests have been satisfied and debts and expenses have been paid.
I give all (or_____%) of my remaining assets of any kind to Performing Arts Workshop, a San Francisco non-profit organization, located at 1661 Tennessee Street, San Francisco, CA, for its general purposes.
You give all or a portion of your estate to Performing Arts Workshop in the event that other named beneficiaries predecease you or disclaim your bequest. This type of bequest can avoid costly litigation or prevent property from reverting to the state for lack of heirs.
If any of the beneficiaries named herein have predeceased me, then I give such beneficiary's share of my estate to Performing Arts Workshop, a San Francisco non-profit organization located at 1661 Tennessee Street, San Francisco, CA.
Another Option: Beneficiary Designation
You can name Performing Arts Workshop as the beneficiary of your existing account in a donor advised fund, a retirement plan, IRA account, or a life insurance policy.
Assets You Can Give
Maximize your charitable deduction and deliver immediate benefits to Performing Arts Workshop.
The balance of your retirement plan may be worth more when donated to Performing Arts Workshop than to your heirs.
The IRS allows you one of its most significant tax breaks for gifts of appreciated securities.
Make a substantial gift to Performing Arts Workshop through a transfer of residential, commercial, or undeveloped real estate.
New Policy: You can fund a future gift for us from your income instead of capital.
Paid-Up Policy: You can give us a policy whose coverage you no longer need.
Gift-Replacement: You can create a life-income gift for yourself; use insurance proceeds to restore the value of your gift to benefit your heirs.
Lifetime Gift from an IRA
Direct funds from your IRA to Performing Arts Workshop tax free.
Support Performing Arts Workshop by transferring an interest in a real estate or oil-and-gas partnership.
Give Performing Arts Workshop an interest in a closely-held or family business
You can ensure that young people receive the education they need and deserve. The future is in your hands.
Would you like more information? Please contact us today:
Beverly Mislang, Individual Giving Manager
Performing Arts Workshop
1661 Tennesse Street, 3-O
San Francisco, CA 94107
(415) 673-2634, Ext. 210