What is Planned Giving?
There are many ways to support the Food Bank of Contra Costa and Solano. Gifts of cash or assets and donations of food or needed items all are very helpful. A growing number of our friends are providing support through planned giving.
Planned Giving is a process of combining your compassion and generosity with financial, tax, and estate planning goals to get maximize benefit for you and the Food Bank.
Planned gifts often come from assets rather than income. They can be either outright or deferred.
Some types of planned gifts include:
- Wills or Bequests
- Charitable Gift Annuities
- Charitable Remainder Trusts
- Qualified (tax-deferred) Plans
- Real estate
- Life insurance
- Appreciated Stocks or Mutual Funds
*It is recommended that you consult with your tax or legal advisor prior to making a planned gift.
How You Can Make a Planned Gift
A trusted legal or financial advisor can help you develop a plan for making charitable gifts that complement your current investment and estate plans.
They can help you evaluate your specific situation and determine:
- The best type of gift for you
- The appropriate gift amount
- The tax implications of your gift
- How to best structure the gift to benefit both you and the Food Bank
Your professional advisor can put together all of the necessary financial and tax-related paperwork to set up your planned gift.
Our planned giving staff will be happy to work with you and your advisors, with no obligation, to arrange or complete the best gift arrangements for your specific situation.
*It is recommended that you consult with your tax or legal advisor prior to making a planned gift.
Benefits of Planned Giving
Planned giving is a process designed to work with tax laws and financial planning strategies. In many ways the ultimate benefit of any planned gift is the good it does providing food and services to those in need. It is a gift that establishes a legacy of caring.
Creating a legacy is wonderful, but there are also a number of tangible benefits that come from making planned gifts. Here are a few of the advantages that can planned gifts can bring. Our staff will be glad to help you explore which of these benefits, or others, might work for you.
Benefits from making a planned gift can include:
- A charitable income tax deduction (with carry-over provisions)
- Avoidance or reduction of capital gains taxes
- Lifetime income (including some tax-free) from your gift
- Estate tax reduction
- Leaving a gift to both your heirs and the Food Bank
*It is recommended that you consult with your tax or legal advisor prior to making a planned gift.
Information Request Form
OUR PRIVACY COMMITMENT TO YOU
There is never an obligation for requesting planned giving information or having a member of our staff assist you in any way.
All of your information is maintained in complete confidence. We never release, share, sell or rent names, addresses, etc.
How can we assist you?
Please contact Marilu Boucher at (925) 676-7543 or email her at mboucher@foodbankccs.org with your inquiries.