AMERICAN HERITAGE LIBRARY AND MUSEUM
Sons of the Revolution in the State of California
The Sons of the Revolution in the State of California is a IRS 501(c)(3) non-profit public benefit corporation established to act as a repository for books and reference materials relating to the American Revolution; early American, California and local history; and genealogy. Contributions are tax-deductible to the fullest extent of the law.
|How to Give||It makes sense to give to The Sons of the Revolution / American Heritage Library and Museum so that your name and your gift will live on after you. Your gift to the Sons of the Revolution, large or small, will help meet changing needs. There are a number of ways to give wisely to the Sons of the Revolution in order to benefit the American Heritage Library and Museum.|
|Securities||A donation of appreciated stocks, bonds or mutual funds to The Sons of the Revolution is quick and simple and may provide you with significant tax benefits. The Sons of the Revolution will sell your securities and use the proceeds for the American Heritage Library and Museum. You receive gift credit and an immediate income tax deduction for the fair market value of the securities on the date of transfer. And, you pay no capital gains tax.|
|Personal Property||If you donate books, artwork, antiques, or collectibles to The Sons of the Revolution, it may hold the property and display it in the American Heritage Library and Museum or may elect to sell the property and use the proceeds for the American Heritage Library and Museum. You receive gift credit and an immediate income tax deduction for the appraised value of your gift and pay no capital gains tax, provided your gift satisfies the "related use" requirements of the IRS.|
|Retirement Plan Gifts||You can name The Sons of the Revolution as a beneficiary of your IRA, 401k or in your qualified plan. After your lifetime, the identified residue of your plan passes to The Sons of the Revolution for use in the American Heritage Library and Museum tax-free. An extra step may be required to designate your 401(k). Consider giving the most-taxed asset in your estate to The Sons of the Revolution, and leave more favorably taxed property to your heirs. Please contact your attorney for more details.|
|By Will or Trust||Many persons who have provided for family members in their wills or trusts have also left money through a bequest to The Sons of the Revolution / American Heritage Library and Museum. A number of individuals with no survivors have named The Sons of the Revolution / American Heritage Library and Museum as the last beneficiary of their will or trust. These planned-giving gifts reduce, often substantially, the size of the estate for tax purposes.|
|Present Outright Gift and Year-End Giving||Perhaps you want to make charitable gifts during your lifetime. By doing so you can take maximum advantage of the charitable deduction on your income tax return. Lifetime gifts can also serve to reduce the size of your estate and allow you to see the money put to immediate use.|
|Life Insurance||You can make The Sons of the Revolution / American Heritage Library and Museum the beneficiary of life insurance policies. If you so irrevocably, your annual premiums are tax deductible. The cash surrender value of an existing policy is also tax deductible.|
|Gifts With Lifetime Interest||You can provide for yourself and your survivors now by making a trust now and specifying that the income go either to yourself or others for a specified period or for life, with the principal going to The Sons of the Revolution / American Heritage Library and Museum when you or they die. In the case of a gift of low-yield, low basis securities, such a gift could increase your income for life.|
When a relative or friend dies and the family asks that you make a contribution to a charity of choice, it is sometimes hard to decide which charity should receive the gift. A gift to The Sons of the Revolution / American Heritage Library and Museum solves the problem, and the family of the person you are remembering will be informed of the gift.
Only you can make the decision who will benefit from your years of work. Talk to your attorney, a trust officer of your bank, life insurance underwriter, or staff of The Sons of the Revolution / American Heritage Library and Museum about making us one of your beneficiaries.
American Heritage Library and Museum
600 South Central Avenue
Glendale, CA 91204
|How to Make Your Gift||
If you wish to name The Sons of the Revolution in the State of California in
your will or estate plan, we should be named as:
The Sons of the Revolution in the State of California, a nonprofit corporation, organized and existing under the laws of the State of California, with principal business address 600 South Central Avenue, Glendale, California 91204.
It is important to schedule a meeting with your attorney and add the correct legal language to your document when updating your will.