A Smart Gift to Leave to Second Harvest of Silicon Valley
Like retirement plan assets, commercial annuities provide for tax-deferred growth while the owner is living. Because distributions from commercial annuities are subject to income taxes, they are often considered among the best assets to leave to charity. Due to our tax-exempt status, Second Harvest of Silicon Valley can receive your commercial annuity completely tax-free. The best way to give a commercial annuity in support of our work after your lifetime is to name us as beneficiary.
Making this gift is as simple as updating your beneficiary form with your bank or insurance company. You can designate us as the primary beneficiary for a percentage or specific amount. You can also make us the contingent beneficiary so that we will receive the balance of your policy only if your primary beneficiary doesn’t survive you.
- Contact Donor Relations Team at (866) 234-3663 or email@example.com for additional information on commercial annuities.
- Seek the advice of your financial or legal advisor.
- If you include Second Harvest in your plans, please use our legal name and federal tax ID.
- Please notify us if you have included us in your legacy plans, so we can thank you.
Legal Name: Second Harvest of Silicon Valley
Address: 4001 North 1st Street, San Jose, CA 95134
Federal Tax ID Number: 94-2614101