Legacy Fund

Contributions are planned from a future source such as a will, trust, retirement account, or insurance policy.

Charitable Remainder Trust

  • An irrevocable trust in which donors transfer cash or assets to a trust from which they are entitled to receive income payments annually for life or a defined period (not to exceed 20 years)
  • LBCF is named as the beneficiary of any funds remaining upon the death of the donor

Charitable Gift Annuity

  • A contract between a donor and LBCF, whereby the donor transfers cash or property to LBCF in exchange for a partial tax deduction and a lifetime stream of annual income from LBCF. The amount of the income stream is determined by many factors including the donor’s age and LBCF policy
  • When the donor dies, the remaining assets accrue to LBCF

Legacy Fund

  • Parameters are outlined with a Memorandum of Philanthropic Intent which is referenced in a will, trust, or another funding source. The fund is officially established when funds are received upon the death of the donor
 

Contact us at (562) 435-9033  for extensive gift planning resources or