Legacy Giving: Build a Future of Hope and Opportunity
Your legacy is more than what you leave behind—it’s the future you help create.
Imagine a future where your generosity helps a struggling family find a safe, affordable home. Picture a child, once at risk, growing up in a nurturing community, discovering leadership, and contributing to the future of San Francisco. These are the actual, tangible outcomes of your legacy gift. Your story becomes part of their story, creating hope and opportunity for future generations.
By including the Tenderloin Neighborhood Development Corporation (TNDC) in your estate plans, you can help ensure that families, children, and individuals have access to affordable housing, essential services, and opportunities to thrive.
Your decision to give is not just a financial transaction—it is the creation of a lasting legacy that reflects your values and shapes the world you want to see for tomorrow.
Questions about planned giving? Contact Amory Sharpe, Chief of Fund Development and Strategy, at asharpe@tndc.org.
Beneficiary Designations – Easy to Set Up, A Lasting Impact
A simple change today can fuel housing and hope for generations. You can name TNDC as a beneficiary of your:
IRA, 401(k), or retirement account
Donor Advised Fund (DAF)
Brokerage and bank account
Life insurance policy
With a beneficiary designation, you ensure that assets you no longer need can fuel hope and change in the lives of others.
How It Works: You retain control of your assets during your lifetime. After you’re gone, your designated beneficiary, TNDC, will receive these assets to continue the work you care deeply about.
Why It Matters: This is one of the simplest, most flexible ways to leave a lasting legacy, requiring no immediate cash outlay. Plus, this gift may reduce taxes for your loved ones, ensuring that more of your assets go to the people and causes you care about.
How to Begin: Ask your financial institution for a beneficiary designation form and name TNDC as a complete, partial, or contingent beneficiary. Please get in touch with us if you need any assistance or additional information to complete the form.
Bequests – A Gift In Your Will Or Trust That Tells Your Story
Your values will continue to impact the world long after your lifetime. Through a charitable bequest in your will or trust, you can pass on a portion of your estate to TNDC, creating a future where more families find safety, security, and growth in affordable housing.
How It Works: This type of gift costs you nothing during your lifetime. You can update your will or trust anytime while ensuring your legacy is remembered through the generations.
Why It Matters: Bequests are the most common form of legacy giving because they are a simple yet powerful way to leave a lasting mark on the causes that matter to you. You maintain complete control over your assets for the rest of your life.
How to Begin: Share the following sample bequest language with your attorney:
I give [ ___ percent of my estate, OR description of asset, OR _____ dollars] to TNDC, a California nonprofit corporation, 201 Eddy Street, San Francisco, CA 94102 (Federal Tax ID #94-2761808), for its general use or the following restricted purpose [insert purpose].
If you have specific wishes for your gift, please let us know so we can ensure they are fulfilled.
Qualified Charitable Distributions (QCD) – Maximize Your IRA’s Impact
If you’re 70½ or older, your retirement savings can become a powerful tool for good. Giving through a QCD is a great way to make a substantial gift while lowering your taxable income. By excluding the QCD from your taxable income, you may also lower your adjusted gross income (AGI), potentially reducing the impact of other taxes, such as Medicare premiums or the taxation of Social Security benefits.
How It Works: When you make a QCD directly from your IRA to TNDC, the amount transferred counts toward your required minimum distribution (RMD) but is excluded from your taxable income up to a limit of $105,000 per year. These tax-free distributions must be made directly from your IRA to TDNC.
Why It Matters: Giving through a QCD can make a significant impact without increasing your taxable income. This option benefits TNDC’s mission and offers financial advantages by reducing your tax liability.
Gifts of Stock – Transform Wealth into Opportunity
Your Story: Perhaps you’ve been fortunate to see your investments grow. By donating appreciated stocks, bonds, or mutual funds to TNDC, you can avoid capital gains taxes, allowing your gift to have maximum impact on our work.
How It Works: Donating appreciated assets you’ve held for over a year allows you to receive a tax deduction for the full fair-market value while avoiding capital gains taxes on the appreciated portion.
Why It Matters: You’ll unlock the total value of your investments, transforming that growth into real opportunities for those who need it most.
How to Begin: Contact TNDC to arrange for a stock transfer.
Charitable Gift Annuities – Receive Income and Support TNDC
Suppose you’re looking for a way to secure income for your lifetime and make a significant charitable gift—consider a charitable gift annuity. The gift will pay you or your loved one’s income for life, after which the remaining assets will support TNDC’s mission.
How It Works: Charitable gift annuities are easy to set up and can be funded with a minimum cash or stock gift of $20,000. In return, you will receive fixed payments for life. Your annuity rate will be based on your age. For example, if you are 75 and make a $25,000 gift, your rate would be 6.2%, providing an annual payment of $1,550. You can also receive an immediate tax deduction if you itemize.
Another option for funding a charitable gift annuity: If you are 70½ or older, you can also fund a charitable gift annuity with up to $53,000 from your IRA, which counts toward the $105,000 QCD limit.
Why It Matters: You receive income during your lifetime, may qualify for a tax deduction, and reduce the tax burden on your estate. At the same time, your gift supports TNDC’s mission, helping create affordable housing and supporting community programs.
How to Begin: Contact TNDC to explore how a charitable gift annuity can create income for you and leave a legacy of support for others.
Your story—your legacy—lives on in the lives you touch through these gifts.
Questions about Legacy Giving?
Contact Amory Sharpe, Chief of Fund Development and Strategy, at asharpe@tndc.org.
