A Smart Way to Leave a Gift to Sierra Club

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, Sierra Club 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 does not survive you.

Next Steps

  1. Contact our team at (800) 932-4270 or giftplanning@sierraclub.org for additional information on commercial annuities.
  2. Seek the advice of your financial or legal advisor.
  3. If you include us in your plans, please use the appropriate legal name and federal tax ID.

Learn more about our two entities:

Legal name: Sierra Club Foundation
Address: 2101 Webster Street, Suite 1250, Oakland, CA 94612
Federal tax ID number: 94-6069890

Legal name: the Sierra Club
Address: 2101 Webster Street, Suite 1300, Oakland, CA 94612
Federal tax ID number: 94-1153307

Please note that contributions to Sierra Club are not tax-deductible if your estate exceeds the current allowable limit. Contributions to the Sierra Club Foundation are fully tax-deductible. Learn more about our two entities.

Legal name: Sierra Club
Address: 2101 Webster Street, Oakland, CA 94612
Federal tax ID number: 94-1153307

Legal name: Sierra Club Foundation
Address: 2101 Webster Street, Suite 1250, Oakland, CA 94612
Federal tax ID number: 94-6069890