You can start a legacy through planned giving today.
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What is planned giving?
Planned giving, also known as legacy giving or legacy gift planning, are major gifts given to a nonprofit organization. These gifts are usually included in your overall financial or estate planning and may include bequests, life insurance, personal property, cash, real estate, retirement plans, and gifts of equity.
You can make contributions to Comfort Food Community through bequests, life insurance, stock, and retirement plans that will allow you to enjoy the maximum tax benefits while creating a long-lasting legacy. Through a planned gift, you can help our community have access to fresh, nutritious food, generations to come.
Charitable Bequests
Bequest refers to the act of giving assets — which could range from cash and personal property such as antique furniture and jewelry to investments such as stocks and bonds — to individuals or organizations. This is often done through the provisions of a will, and may be part of the estate planning process
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Sample bequest language:
I give, I devise, and bequeath to Comfort Food Community, located in Greenwich, NY, (sum of money, specific property, stated percentage of estate, or remainder of estate) to be used as Comfort Food Community shall deem fit and proper.
Life Insurance
If you have a life insurance policy, you can designate a nonprofit as one of your beneficiaries.
Retirement Funds
You can designate a nonprofit as a beneficiary in your retirement assets, like IRA, 401(k), or pension.
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To learn more about how to create a legacy through planned giving, please contact our Development Manager, Jo Wenner at jo@comfortfoodcommunity.org or (518) 417-4503