Leave Your Legacy

Your legacy gift to Meals on Wheels San Francisco is an investment in the continued care and nourishment of vulnerable homebound seniors and helps to ensure we will always be here.

Want to include Meals on Wheels San Francisco in your estate plans?

Our team can help you plan for your financial future while supporting your philanthropic goals. Contact Berkley Summerlin at bsummerlin@mowsf.org or 415-343-1269 to learn about options for including MOWSF in your will, trust, or estate plan.

Here is some info on the types of planned gifts:

  • Bequests:
    • Give a specific item of property (e.g., cash, stock, real estate) to MOWSF by adding us to a will or trust document. Learn more.
  • Beneficiary Designations:
    • Designate all or part of your IRA or other retirement accounts, bank account, or life insurance policies to MOWSF by identifying us as a beneficiary. Learn more.
  • IRA Charitable Rollovers:
    • Make a tax-free gift from your individual retirement account (IRA) to MOWSF. Learn more.

If you have already left Meals on Wheels San Francisco in your will or trust, please let us know so we may recognize you for your thoughtfulness by email at bsummerlin@mowsf.org or phone 415-343-1269.

Meals on Wheels San Francisco Federal Tax-ID is 94-1741155.

Please consider this page an informational resource to help you in meeting your philanthropic goals. The information provided here is for illustrative purposes only and should not be considered investment, legal, accounting, tax, or other professional advice. Meals on Wheels San Francisco recommends that each person considering a planned gift consult with her or his own legal and/or financial adviser.


Your Charitable Bequest

Your charitable bequest is the most important type of gift for building Meals on Wheel’s future. When received, your bequest will be recorded as a gift to our endowment where it will strengthen the organization for future generations.

There are three types of bequests for you to consider. Residual bequests are often made after making specific bequests to relatives, friends, and charities. Whatever remains after specific bequests (the residuary) can be given in percentage to charity and others.

When you place a specific or residual / percentage bequest in your will or living trust please notify Meals on Wheels San Francisco. If you are considering a restriction, we encourage you to use the dialogue sample below to ensure that your wishes are met.

Specific:

“I give, devise and bequeath to Meals on Wheels San Francisco, a nonprofit corporation of the State of California, tax ID #94-1741155, located at 1375 Fairfax Ave, San Francisco, CA 94124, [The sum of $______ /______ shares of stock in _____Company /my real property commonly known as _________ ] to be used as its Board of Directors deem advisable for the benefit of seniors in San Francisco County.”

Residual / Percentage:

“I give, devise and bequeath to Meals on Wheels San Francisco, a nonprofit corporation of the State of California, tax ID #94-1741155, located at 1375 Fairfax Ave, San Francisco, CA 94124, [the residue of my estate /__% of my estate] to be used as its Board of Directors deem advisable for the benefit of seniors in San Francisco County.

Contingent:

A contingent bequest enables you to name Meals on Wheels San Francisco as an alternate beneficiary of all or of a portion of your estate, which means Meals on Wheels will receive the bequest only if your primary beneficiary or beneficiaries do not survive you.

“If ________ is not living at the time of my death, I give to Meals on Wheels San Francisco, a nonprofit corporation of the State of California, tax ID #94-1741155, located at 1375 Fairfax Ave, San Francisco, CA 94124, [the sum of $________/ the residue of my estate/ ______% of the residue of my estate] to be used as its Board of Directors deem advisable for the benefit of seniors in San Francisco County.”

 


Beneficiary Designations

You can designate the Meals on Wheels San Francisco as a beneficiary of a part or all of your retirement plan assets or insurance policies by completing a form from your account provider, which is separate from your will or trust. Not only is it an easy way to give, but it is also flexible — you can review and adjust your beneficiary designations at any time.

As a nonprofit organization, we are tax-exempt, and we will receive the full amount of what you designate to us from your plan.

Next Steps:

  1. Request a beneficiary designation form from the administrator of your retirement plan or insurance policy provider.
  2. Complete the form, naming Meals on Wheels San Francisco as a beneficiary. You can designate us as the primary beneficiary for a percentage or specific amount. You can also make us the contingent beneficiary so that we will receive the balance of your plan or policy only if your primary beneficiary doesn’t survive you.
  3. Please, let us know when you have completed & submitted the form so we may recognize you.
     

IRA Charitable Rollover

A gift of appreciated securities provides significant benefits, including an immediate charitable deduction for the full market value of the stock and avoidance of capital gains taxes that would normally be due upon sale. (Consult your tax advisor regarding limitations on deductions for gifts of securities held for less than one year.)

Who qualifies?

Individuals who are 70 1/2 years or older.

What accounts can I transfer from?

Your gift must come directly to us from your IRA either Roth or traditional.

How much can I transfer?

Any amount up to $100,000 per year. This amount will count toward your required minimum distribution; however, it will not be treated as taxable income to you.

How do I make an IRA Charitable Rollover?

To make an IRA Charitable Rollover, you can use our new online resource to complete your gift online in just a couple of minutes. This tool allows you to decide where you would like to designate your gift and takes care of filling out any tedious paperwork.