Partner
L.A.'s social justice epicenter since 1976

Leave a Legacy

Leave a Legacy


Mary Ann Braubach, Paula Litt and Sarah Pillsbury at the 2018 Upton Sinclair Dinner.

Making a bequest donation to Liberty Hill Foundation ensures a better, more just Los Angeles for generations to come. Liberty Hill's philanthropic advisers can work with you, your family and your financial advisors to build a legacy plan tailored to your values and priorities, which will sustain social justice impact for the future. Planned gifts with Liberty Hill ensure that your philanthropic vision will be honored and supported.

If you have a donor advised fund with Liberty Hill, a memorandum of charitable intent will ensure that your philanthropic resources will continue to benefit social justice— guided either by Liberty Hill or by your designated successors.

You can also designate Liberty Hill Foundation as a beneficiary of your retirement account, charitable remainder trust or a testamentary gift through your will. By choosing Liberty Hill for your planned giving, you will also join the City of Angels Society.

A Legacy for Justice

By recognizing Liberty Hill Foundation in your estate plans or other planned giving arrangements, you join a network of donor-activists who have left a legacy of social justice in Los Angeles. Through their foresight and generosity, our legacy donors guarantee a steady stream of resources for future generations of community leaders, grassroots activists and organizing to build a more fair and just society.

These thoughtful gifts are investments in new leaders, new ideas and new campaigns. We may not know what challenges lie ahead, but we do know that the values of inclusion, fairness and justice will be at the heart of the best solutions. Your legacy donation ensures that Liberty Hill is a permanent home for those values and the people who cherish them.

What Planned Gifts Support

Planned gifts may be directed to specific grantmaking or community programs at Liberty Hill. However, many legacy donors have elected to make unrestricted contributions to accomplish Liberty Hill's highest priorities t priorities, giving the foundation the flexibility to address changing needs and conditions over time.

Benefits of Membership and Making a Planned Gift

The greatest benefit of becoming a legacy donor is the knowledge that you will keep the values of democracy and justice alive through your gift. In addition, many planned giving instruments provide financial and tax advantages to you and your heirs. The advantages of each should be discussed with your attorney and/or financial planner.

Legacy donors also receive recognition for their gifts through invitations to all Liberty Hill major donor events, including the annual gathering of the Advisory Council. In addition, donors will be recognized in select Liberty Hill publications.

We welcome your legacy donation. To learn more about planned giving or to advise us of your intention to name Liberty Hill in your estate plans, please contact our Advancement Department at 323-556-7233 or advancement@libertyhill.org .

What to Give

Cash

Make a gift through our donation page, or mail a check to 6420 Wilshire Blvd. Suite 700, Los Angeles, CA 90048.

Stocks, Bonds or Mutual Fund Shares

A donation of appreciated stock, mutual funds, bonds or other appreciated assets can be an effective way to maximize charitable giving while minimizing the tax burden on a donor’s estate and eliminating capital gains.

Real Estate

Gifts of real estate can provide significant resources to Liberty Hill, while benefitting donors by reducing income tax liability, avoiding capital gains tax on the property’s appreciation, and relieving the burden of selling the property. You can also remain in your home for your lifetime while getting an immediate income tax deduction and a future estate tax charitable deduction.

How to Give

Bequest through a will

Language to Use for an Unrestricted Bequest in a Will:
"I bequeath the sum of $_______ (or ‘all [or ___%] of the remainder of my property’ or describe the asset) to Liberty Hill Foundation, a non-profit organization at 6420 Wilshire Blvd, Suite 700, Los Angeles, CA 90048, Tax Exempt # 51-0181191, to be used or disposed of to further its purposes and objectives."

Living trusts or other non-charitable trusts

Supporters can designate Liberty Hill Foundation generally, or the endowment specifically, as a beneficiary of their will or living trust. They can leave a percentage of their estate, a fixed amount or a residual bequest (the amount after specific gifts to loved ones or other charities have been made).

Charitable Remainder Trust

This giving vehicle is designed to give the donor an immediate income tax charitable deduction, spread capital gains tax on the sale of an appreciated asset by the trust over many years, and reduce estate taxes on highly appreciated stock, real estate or other assets. Supporters can transfer assets into an irrevocable trust (during the donor’s lifetime or upon their death), which then generates income for the donor and/or for the lifetime of their partner or other heir(s), or for a specific number of years. At the end of the period, the remainder goes to Liberty Hill.

Charitable Lead Trust

A charitable lead trust is an especially useful tool in taxable estates. Assets that would otherwise be subject to a hefty estate tax are invested so that the income goes to Liberty Hill, offsetting much of the tax liability. After a period of years, the principal transfers back to the donor’s heir(s) with little or no tax owed.

Beneficiary designation through retirement plans or insurance policies

Naming Liberty Hill as the beneficiary of a donor’s life insurance, 401(k), 403(b), IRA or other retirement plan is a powerful way to provide a lasting legacy of social justice funding for Los Angeles. It can also offer significant tax benefits, particularly for retirement plans. While a donor’s heirs could face both estate taxes and certain income taxes, potentially leaving them with only a fraction of the original amount, naming Liberty Hill as a beneficiary would pass the total amount to the foundation without being taxed.