Skip to content
Dedicated Leadership
Faithful, dedicated leaders and
coaches are the underlying
strength of our organization.
Your legacy gift can cost you
nothing now while supporting
that leadership today and into
the future.

Gifts that Cost You Nothing Now

You may be surprised to learn that there are a variety of ways to leave a lasting legacy that can be accomplished just by signing your name. There is no need to write out a check now – you retain full control of your assets for as long as you need them.

Gifts that Cost you Nothing Now 1

THERE ARE SEVERAL WAYS TO LEAVE A LEGACY SIMPLY BY SIGNING YOUR NAME.

Students at RHP

A GIFT BY BEQUEST FROM THE ESTATE OF FORMER MEMBER TRUMAN B. STIVERS MADE THE GYMNASIUM AND AUDITORIUM IN ARCADIA A REALITY, THE TRUMAN B. STIVERS CENTER.

Gifts by Bequest

Bequests are a time-honored way of ensuring that your annual support of Kare Youth League continues for generations to come.

  • To leave the majority of funds to your loved ones, name Kare Youth League the beneficiary of a specific amount or percentage of your estate.
  • To leave Kare Youth League what is left after loved ones are provided for, use a residuary bequest. Kare Youth League will be “second in line” after all costs and bequests to others have been satisfied.
  • To leave your estate to family and friends, unless you outlive one of your beneficiaries, consider a contingent bequest. This is often used by husbands and wives who stipulate that if the other spouse is not living, then the bequest specified for that spouse will go to Kare Youth League.

Gifts by Beneficiary Designation

Retirement Plan Savings

Because retirement plans are taxed differently than most assets, they may actually become a tax liability. Naming Kare Youth League a beneficiary of your retirement account can be an attractive option for leaving a legacy and reducing income and possibly estate taxes for your loved ones.

Making Kare Youth League a beneficiary of a retirement account is easy. Simply ask your plan administrator for a beneficiary designation form and include Kare Youth League as the beneficiary of a specific percentage of the account value or as a contingent beneficiary.

Here is how to include Kare Youth League:
Kare Youth League (Tax ID 95-1869644)
P.O. Box 662080, Arcadia, CA 91066-2080.

Life Insurance Policies

Many of us have life insurance policies that have long since served their purpose. Perhaps you purchased a policy to make sure your children’s tuition needs were accounted for. But now the kids are on their own and doing well. Or perhaps you have a policy your parents purchased for you years ago. These policies can make a wonderful gift to Kare Youth League.

  • Request a beneficiary designation form from your life insurance company and make Kare Youth League a full, partial or contingent beneficiary.
  • Sign over a fully paid policy. You will be allowed a tax deduction for your generosity.

Gifts of Savings Bonds

If you have savings bonds that have stopped earning interest, they may be a tax liability for you. If you redeem your bonds, you will owe income tax on the appreciation. Leaving them to loved ones means they will owe income tax when they cash the bonds and perhaps estate taxes, too. In the end, your heirs will receive only a fraction of the value of the bonds in which you so carefully invested.

Wouldn’t it be wonderful if you could these avoid taxes and give your savings bonds new life? Simply bequeath them to Kare Youth League. Because Kare Youth League is tax exempt, we will receive the full value of your savings. Just a single sentence in your will or living trust completes your gift. Here is how:

I bequeath my savings bonds, serial numbers ___________ to Kare Youth League (Tax ID 95-1869644), P.O. Box 662080, Arcadia, CA 91066-2080.

Bequest from a Donor Advised Fund

As with many financial accounts, final distribution of contributions remaining in a Donor Advised Fund is governed by the contract you completed when you created your fund. We hope you will consider naming Kare Youth League a successor of your account.

Or you can name Kare Youth League the successor for a portion of the account value, leaving the remaining portion for your children or grandchildren to continue your legacy of philanthropy.

Gifts of Certificates of Deposit and Other Bank Accounts

Many Kare Youth League donors have assets – often overlooked – that make an ideal gift. These include certificates of deposit, bank accounts and brokerage accounts. These assets only transfer to Kare Youth League when you no longer need them, and you can designate Kare Youth League as the recipient of the account proceeds simply by naming Kare Youth League as the pay-on-death or transfer-on-death beneficiary.

We’re Here to Help

Dan Kirby

Dan Kirby

Director
Kare Youth League Planned Giving
(626) 201-0063
Email: plannedgiving@kyl.org

Complimentary
Planning Guides

Select Your Free Information 1

Kare Youth League • PO Box 662080, Arcadia, CA 91066-2080
Kare Youth League is a 501(c)(3) tax-exempt organization (EIN: 95-1869644), and your donation is tax-deductible within the guidelines of U.S. law.