Legacy and Planned Giving Options
The Pacific Skyline Council accepts a variety of planned gifts through partnership with Boy Scouts of America Asset Management (BSAAM).
Any of these gifts will qualify you to join the Council’s Heritage Society, a special group of visionary philanthropists recognized for the commitment they have made to the future of Scouting and our community.
Bequests
The simplest way to leave a planned gift to benefit our community is to make a bequest by including specific language in your will or living trust naming the Pacific Skyline Council as the recipient of a testamentary gift. Your will or living trust can include gifts in the form of cash, securities or personal property. You may contribute a specific dollar amount, a percentage or the residual of your estate in this manner. Your estate will receive a charitable deduction for the full donation, so your heirs will not pay estate tax on these assets. See sample language here (pdf).
Charitable Gift Annuity
Charitable gift annuities allow you to make a significant gift to benefit Scouting while receiving fixed payments for life, regardless of the economic climate. A charitable gift annuity is a simple contract between you and us. Please contact us (see below) for more information.
Charitable Remainder Trust
By transferring assets to a charitable remainder trust, you will receive an immediate tax deduction and income for you or your named beneficiaries for life or for a term of years. You may also reduce or avoid capital gains taxes associated with the asset. When the trust’s term is complete, the remaining assets will pass to the Council. If desired, BSAAM has the capacity and expertise to act as trustee of your charitable remainder trust. Please contact us (see below) for more information.
Charitable Lead Trust
When you create a charitable lead trust and name BSAAM as an income beneficiary of the trust, the charitable lead trust will make regular income tax-deductible gifts to the Pacific Skyline Council for a term of years. When the trust terminates, the entire principal is returned to you or to your designee. Although BSAAM does not serve as trustee for lead trusts, we can provide more information about its charitable advantages. Please contact us (see below) for more information.
Retirement Plan Donations
Naming the Pacific Skyline Council as a beneficiary of your retirement funds, such as an IRA, 401k or 403b, is a simple and effective way to benefit Scouting while avoiding significant, often unanticipated tax penalties. Donating retirement accounts can reduce or eliminate these taxes. Please contact us (see below) for more information.
Life Insurance Donations
Among the many ways to donate life insurance, the simplest is to designate the Pacific Skyline Council as a beneficiary of the policy. You may also transfer ownership of a paid-up policy to the Council, or donate insurance policy dividends. Or, you may choose to name the Council the owner and beneficiary of a policy, making annual gifts to the Council in the amount of the annual premium. In this arrangement, the premium would be paid by the Council. Please contact us (see below) for more information.
Real Estate and Retained Life Estates
For information on how you can donate your real estate and retain its use for your lifetime, please contact us (see below) for more information.
BSA Foundation
If you’d like more information regarding the BSA Foundation, please click here www.bsafoundation.org.
Questions?
Contact Wendy Chien, Council Development Director at (650) 341.5633 x103.
Learn more about:
Gifts of Stock
Planned Giving
Charitable IRA Rollover
Major Gifts
Heritage Society
