Legacy Giving

A gift made by including SCR in your will or living trust. You can designate a specific dollar amount, a percentage of your estate or a particular asset (like real estate or stock) to SCR.

It’s simple to set up, costs nothing during your lifetime and allows for flexibility to change the bequest if circumstances change. It may also reduce estate taxes.

Specific Bequest Sample Language

“I hereby give, devise and bequeath [the sum amount of] to South Coast Repertory, Inc. located at 655 Town Center Drive, Costa Mesa, CA 92626, to be used wherever the needs and opportunities are greatest.”

Percentage Bequest Sample Language

“I hereby give, devise and bequeath to South Coast Repertory, Inc. located at 655 Town Center Drive, Costa Mesa, CA 92626 (all or a percentage) of the rest, residue and remainder of my estate, both real and personal, for its general use and purpose.”

Giving a financial account at death is as simple as completing a beneficiary form. Name SCR as a beneficiary of your “non-probate” assets such as 401(k)s, IRAs, life insurance policies, donor advised fund or bank accounts.

Gifting assets not covered by your will may help your heirs avoid unwanted taxes, even if you’re below the estate tax threshold.

Your one-time gift of cash or securities is invested in a reserve account, and SCR pays you (or someone you choose) fixed income for life or a set term. After your lifetime, the remaining funds go to SCR, a licensed "Grants and Annuities Company" by the California Department of Insurance.

Enjoy guaranteed lifetime income, an immediate tax deduction and possible capital gains savings. You can even delay payments to boost your rate and plan for future needs—like retirement. Annuity rates are based on your age, so the older you are, the higher your rate.

A charitable remainder trust begins with an irrevocable gift of assets into a charitable trust that provides you a fixed or variable income for life or for a set term. At the trust’s termination, the trust assets become a generous gift to SCR.

Your charitable lead trust pays SCR an interest income annually for a pre-set number of years or for your lifetime, after which the assets return to the beneficiaries that you name.