Join the Legacy Society
Letting us know that you have taken the generous step of remembering the Fine Arts Museums of San Francisco in your legacy giving plans is always up to you. Everyone who shares their intention to make a legacy gift to the Museums is invited to join the Fine Arts Museums’ Legacy Society. Members receive recognition in the Annual Report and are invited to special events.
To be included in the Legacy Society, please complete this form or let us know of your legacy gift. If you need a printable version of the form, please contact us.
Director of Legacy Giving
Make a future gift with a lasting impact
There are many ways to make a legacy gift to the Fine Arts Museums while fulfilling your personal and financial goals. Legacy gifts can offer tax advantages and, in some cases, generate lifetime income for you or your chosen beneficiary. Common ways to give include the following.
One of the easiest ways to make a legacy gift is to include the Fine Art Museums in your will or trust. Your gift can be a specific dollar amount, securities, real estate, or other property. You can also designate the Museums as a beneficiary of all or a percentage of the remainder of your estate (a residuary bequest). Your bequest remains entirely under your control during your lifetime and becomes irrevocable only at death. To make a bequest to the Fine Arts Museums, it is not necessary to rewrite existing documents — simply add an amendment, called a codicil, to your will or trust.
Suggested bequest language:
“I give (___________dollars) or (a specific asset, such as securities, real estate, or other property) or (all) or (___________ percent of the rest, residue, and remainder of my estate) to the Corporation of the Fine Arts Museums, DBA Fine Arts Museums of San Francisco (tax ID 94-3045948), located in San Francisco, California (for the benefit of its general purposes) or (for the following purpose: ____________________________________).”
To help you get started on your plans and legacy, we have partnered with FreeWill to offer this free online tool that guides you through the process of creating a legally valid will or revocable living trust. It’s easy to use, accessible online, and can be completed in 20 minutes. You can use this resource on its own or to document your wishes before finalizing your plans with an attorney.
A retirement plan can be a tax-efficient and simple way of including the Fine Arts Museums in your legacy giving plans. If left to anyone other than a spouse, retirement account assets may be subject to significant taxation. As a tax-exempt organization, the Museums will generally receive the full amount of the plan’s value. To name the Museums as a beneficiary, contact your IRA, 401(k), or other retirement plan administrator to obtain a beneficiary form.
Donors who are 70½ years and older may also use their IRA to make qualified charitable contributions during their lifetime.
Similar to retirement plans, you can name the Museums as a charitable beneficiary of your donor advised fund (DAF). Your DAF advisor can provide a beneficiary designation form for you to complete.
A charitable gift annuity (CGA) is simple to create. You fund your annuity with a gift of cash or stock and are paid a guaranteed fixed amount quarterly or annually for life.
The information provided is not offered as legal or tax advice. Please consult your attorney, tax advisor, or other professional for advice in all estate-planning matters.
Unrestricted gifts allow the Museums to direct funds where they are most needed. You may also direct your gift toward a specific program or purpose.
If you would like to designate your gift for a particular purpose, please contact Selena Shadle at email@example.com so we can work together to ensure your gift intentions are clear.
The Fine Arts Museums welcome bequests and promised gifts of art. We ask you to notify us of your intentions to make a promised gift of art to allow for necessary review and approval by curatorial staff.
To have your donation considered, please provide the following information:
- Name and address
- Title of the artwork and the artist’s name
- Provenance (history of ownership)
- Description of the size and condition
- Photographs of the artwork
This information should be emailed to firstname.lastname@example.org.
Legal name: Corporation of the Fine Arts Museums, DBA Fine Arts Museums of San Francisco
Federal tax ID: 94-3045948
Tax status: Described in 501(c)(3) of the Internal Revenue Code