Legacy Giving

This is a popular choice for charitable bequests because it ensures that loved ones receive their distribution before any distribution to charity.

“I devise the residue of my estate, after the satisfaction of all specific bequests and the payment of all taxes and other costs attending my death, to Junior Achievement of SoCal, a not-for profit corporation, Tax ID# 95-1799192, with principal offices currently located at 6250 Forest Lawn Drive, Los Angeles, CA 90068.”

A stated sum of money, usually cash, to a beneficiary.

“I bequeath the sum of $____ dollars to Junior Achievement of SoCal, a not-for-profit corporation, Tax ID# 95-1799192, with principal offices currently located at 6250 Forest Lawn Drive, Los Angeles, CA 90068.”

This type of bequest assumes you want to leave your entire estate to family and friends. However, in the event that you outlive any of your beneficiaries, it provides an opportunity to designate Junior Achievement of SoCal to receive that portion of the estate.

“If (name of the beneficiary) does not survive me, I designate Junior Achievement of SoCal, a not-for-profit corporation, Tax ID# 95-1799192, with principal offices currently located at 6250 Forest Lawn Drive Los Angeles, CA 90068 as the devisee of this bequest.

Directly impact lives by designating Junior Achievement of SoCal a beneficiary of your bank accounts.

A Charitable Gift Annuity (CGA) provides fixed payments to you or others you name for life in exchange for your gift of cash or securities. You can fund a gift annuity with cash or securities in exchange for a promise to pay you a fixed income (with rates based on your age) for the rest of your lifetime for single or joint life.

A charitable gift annuity could be right for you if:

• You want to make a generous gift to Junior Achievement of Southern California.
• You want to maintain or increase your current cash flow.
• You want the security of fixed, dependable payments for life.
• You want to save income taxes or defer capital gains taxes.
• You would like income that is partially tax-free.
• You are considering a gift amount of $20,000 or more.
• You are at least 65 years of age.

A gift of Retirement Assets has the potential to be a tax-advantageous way to make an estate gift. This is because, depending on current tax law, retirement assets left to individuals may be subject to income tax when the individual(s) receive the distributions, while similar funds left to non-profits like Junior Achievement of Southern California may not face the same tax requirements, leaving more of the funds available for charitable purposes.

Extend your support through life insurance by designating Junior Achievement of SoCal as a recipient. Contact your insurance company to ask how to allocate a portion of the death benefit to Junior Achievement of SoCal. In addition to naming Junior Achievement of Southern California as the beneficiary, you can also transfer policy ownership. Transferring ownership may result in a charitable tax deduction, providing potential income tax savings.

Leave a lasting impact by instructing your investment company to transfer holdings to Junior Achievement of SoCal upon your passing. Consult your broker or agent for the straightforward process, which may involve adding “T.O.D. to Junior Achievement of SoCal” after your name on the account.

Real Estate can be one of the most significant assets someone owns in addition to their retirement accounts. There are many options for donating your home, second home, commercial building, vacant land, farm, or other real estate to Junior Achievement of Southern California. These assets can be a substantial gift to JA. You may have income tax benefits, including an immediate charitable income tax deduction. A real estate asset can fund an outright gift or be used to fund a Charitable Gift Annuity, Charitable Remainer Trust, or Charitable Lead Trust.