Make a Gift in Three Easy Steps

Not everyone wants to commit to making a gift in their will or estate. Some prefer the increased flexibility that a beneficiary designation provides by using:

  • IRAs and retirement plans
  • Life insurance policies
  • Donor advised funds
  • Commercial annuities

It only takes three simple steps to make this type of gift. Here's how to name the Asian Art Museum Foundation as a beneficiary:

  1. Contact the administrator of your retirement plan, insurance policy, bank account, or donor advised fund for a change-of-beneficiary form or simply download a form from your provider's website.
  2. Decide what percentage (1 to 100) you would like us to receive and name us, along with the percentage you chose, on the beneficiary form.
  3. Return the completed form to your plan administrator, insurance company, bank, or financial institution.

See How It Works

An Example of How It Works

Family smiling Rob and May treasure the financial help they've been able to give their children and the museum over the years. The couple recently updated their will to leave stocks and real estate to their children and a $75,000 IRA to the museum. Because the museum is tax-exempt, all $75,000 will help support our mission.

If they had left the IRA to their children, approximately $18,000* would have gone to pay federal income taxes — leaving only $57,000 for their family's use. Rob and May are happy knowing they are making the most of their hard-earned money thanks to their updated estate plan.

*Based on an assumption of a 24 percent marginal income tax bracket.

Not Sure How to Begin Planning?

Download a free Personal Estate Planning Kit

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Next Steps

  1. Contact Director of Individual and Legacy Giving Kate McNulty at 415.581.3683 or kmcnulty@asianart.org for additional information on beneficiary designations and how they can help support the museum with our mission.
  2. Talk to your financial or legal advisor to learn which assets will or will not trigger taxable income when paid to a beneficiary.
  3. If you name the museum in your plans, please use our legal name and federal tax ID.

Legal Name: Asian Art Museum Foundation
Address: 200 Larkin Street, San Francisco, CA 94102
Federal Tax ID Number: 94-1704765

Learn More

Download a free guide Beneficiary Designations: The Easiest Ways to Leave Your Legacy.

View My Guide

Gifts That Pay

Your payments depend on your age at the time of the donation. If you are younger than 60, we recommend that you learn more about your options and download this FREE guide Plan for Retirement With a Deferred Gift Annuity.