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Consider the values you hold dear. Do you believe that no child should go to school on an empty stomach? Do you believe that no senior should skip a meal in order to pay for medication? Will your legacy reflect these core beliefs?
Planned giving allows you to take the time now to leave a legacy that is an enduring expression of your deeply-held values while also taking care of your loved ones. A planned gift is also your investment in a better world—one where all children, families and seniors get the nutritious food they need.
Your planned gift provides the Food Bank of the Southern Tier with the confidence and the means to plan for the future: to continue our hunger relief efforts and to craft long-term strategies to reduce the number of people who will require food assistance tomorrow.
Bequests allow you to retain control and use of your assets, so they are an excellent way to make a significant gift without affecting your finances today. You can also make a bequest in addition to any annual gifts you choose to make. You can name the Food Bank of the Southern Tier as a direct beneficiary of specific assets or of a portion of your estate. Estate gifts are an investment in the long-term future of the Food Bank.
Bequest - Name the Food Bank of the Southern Tier as a beneficiary in your will.
Sample designation language of bequests:
A fixed dollar amount: "I give a sum of $____ to the Food Bank of the Southern Tier, 388 Upper Oakwood Avenue, Elmira, NY 14903."
A percentage of your estate: "I give ___% of my estate to the Food Bank of the Southern Tier, 388 Upper Oakwood Avenue, Elmira, NY 14903."
Gift of Retirement Assets - Name the Food Bank of the Southern Tier as a beneficiary of an Individual Retirement Account (IRA), 401k or other retirement plan.
Gift of Life Insurance - Name the Food Bank of the Southern Tier as a beneficiary of your life insurance policy. Or irrevocably donate an existing policy you no longer need, which may provide you with an immediate charitiable income tax deduction**
Note: Your advisor may also want this information in order to complete your legal documents. Our official name is "Catholic Charities Food Bank of the Southern Tier". We are incorporated in the state of New York. Our Federal Tax ID number is 20-8808059.
**The material presented on this Planned Giving website is not offered as tax or legal advice.
Your gift helps ensure that there will always be a voice for the hungry. And your gift brings us closer to a hunger-free Southern Tier every day.
For more information, contact:
Michelle Benedict-Jones, VP of Development and Community Engagement
email@example.com or call 607.796.6061 x4045