Ensure A Lasting Legacy
JVS SoCal’ mission has become more critical than ever as people continue to turn to us in their quest for self-sufficiency. We all want a better life for ourselves, our families and our children.
Started with a generous gift by the Powell Family, the JVS SoCal Legacy Society ensures that the agency will be here to provide our critical, life-changing services, now and in the future, as it has done for the past 85 years.
We hope you will consider joining the Powells as members of the Legacy Society by including JVS SoCal in your estate plan or other philanthropic activities. You will be making a gift that continues to give over time, helping countless individuals and families achieve more stable and productive lives.
Design a Plan That Works For You
Philanthropy is a proud tradition and a valuable and effective financial planning tool for individuals and families. A gift to JVS SoCal may reduce your income taxes and estate taxes, and help you avoid long-term capital gains taxes on appreciated securities. We are available to work with your legal and financial advisors as you formulate your plans.
Some options to consider are:
You have the opportunity to create a personal legacy by including a provision in your will or living trust for JVS SoCal. A bequest can also provide a significant estate tax deduction. It also ensures that your money is directed to a cause of your choosing while reducing government and probate costs.
Including JVS SoCal in Your Will or Living Trust
You can include JVS SoCal in your will or living trust and ensure that your support will continue in perpetuity. You can use one or more of the following paragraphs to include in your estate plan;
Dollar Amount: "I give, devise and bequeath to JVS SoCal - Federal Tax I.D. number is 95-1691012, a California non-profit public benefit corporation, 6505 Wilshire Blvd., Suite 700, Los Angeles, CA 90048, the sum of $ ______________.”
Specific Property: "I give, devise and bequeath to JVS SoCal - Federal Tax I.D. number is 95-1691012, a California non-profit public benefit corporation, 6505 Wilshire Blvd., Suite 700, Los Angeles, CA 90048, my interest in (describe the property and exact location).”
Percentage of Residue: "I give, devise and bequeath to JVS SoCal - Federal Tax I.D. number is 95-1691012, a California non-profit public benefit corporation, 6505 Wilshire Blvd., Suite 700, Los Angeles, CA 90048, ________ percent of the residue of my estate."
Charitable Remainder Trusts
If you have highly appreciated, low yield assets, consider transferring those assets to a charitable remainder trust. Benefits can include no immediate capital gains tax, reinvestment of the full proceeds of the sale, higher income from a formerly low-yield asset, and a charitable income deduction.
If you wish to make a larger contribution to JVS SoCal than you are currently able to, a life insurance policy may be the way to accomplish your goal. By transferring ownership of a paid policy to JVS, you can benefit from an immediate income tax deduction.
Although a monetary gift is the easiest way to donate, you may find it easier to make an outright gift of stock or other appreciated property that you have owned for more than a year. We will work with you and your advisers to plan your gift in the most tax-advantaged way.
- Exclusive JVS SoCal Legacy Society membership pin
- A permanent listing on the Legacy Society Donor Wall of Honor, prominently displayed in the JVS lobby.
- Inclusion in all JVS SoCal Annual Reports and Tribute Journals
- Advance notice of JVS SoCal milestone events and VIP invitations