Losing a loved one is difficult, but many families find comfort in honoring those they have lost by requesting memorial contributions be made to the Asian Art Museum. You can invite others to give by asking the person arranging the funeral or memorial service to insert the following phrase in the obituary notice:
In lieu of flowers, the family requests that memorial gifts be made to the Asian Art Museum Foundation, 200 Larkin Street, San Francisco, CA 94102 or online at www.asianart.org/regular/donate.
When Sarah Park's father, Joseph, passed away, she knew she wanted to do something to honor his life. She remembered that during his lifetime he volunteered at the museum. So Sarah decided to make a gift to the museum in her father's name using appreciated securities. Not only will her father's legacy live on at the museum thanks to the gift, but Sarah also received a federal income tax charitable deduction (because she itemizes her taxes) and eliminated capital gains tax on the securities.
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Legal Name: Asian Art Museum Foundation
Address: 200 Larkin Street, San Francisco, CA 94102
Federal Tax ID Number: 94-1704765
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.
Adding Meaning to Your Money
February 20, 2018