Charitable Bequests
Your charitable bequest is one of the most important types of gifts for building SFJAZZ’s future. When received, your bequest will be recorded as a gift to our annual fund where it will support SFJAZZ's current operating budget.
There are three types of bequests for you to consider: residual, specific, and/or contingent. Residual bequests, the most common, 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 and notify SFJAZZ, we will invite you to become a member of the Legacy Circle. If you are considering a restriction we encourage dialogue now to ensure that your wishes are met.
Specific
"I give, devise and bequeath to San Francisco Jazz Organization (SFJAZZ), a nonprofit corporation of the State of California, tax ID #94-2990335, located at 201 Franklin Street, San Francisco, California 94102,
Choose one:
1) The sum of $___________."
2) __________ shares of stock in ________________Company.", or
3) my real property commonly known as _________________."
Residual / Percentage
"I give, devise and bequeath to SFJAZZ, a nonprofit corporation of the State of California, tax ID #94-2990335, located at 201 Franklin Street, San Francisco, California 94102, all the residue of my estate.” Or … “__% of my estate.”
Contingent
"In the event of the death of any of the beneficiaries, I give, devise and bequeath to SFJAZZ, a nonprofit corporation of the State of California, tax ID #94-2990335, located at 201 Franklin Street, San Francisco, California 94102, (specific or residual language as above)."