When you make a planned gift to the Capital Area Food Bank, you make a difference in the lives of working families, children, and seniors struggling to get by. In addition, you may receive a number of financial benefits, including significant tax reduction, and the chance for your contribution to go further.
Endowments and Gift Initiatives
The Capital Area Food Bank seeks gifts to endow its ongoing food distribution activities, as well as special initiatives to provide nutrition education and other services to those most at risk. We invite donors to meet with us to establish an endowment and review our greatest needs.
If you would like more information, please call or write to:
Christel Hair – Chief Development Officer
Capital Area Food Bank
4900 Puerto Rico Avenue, NE
Washington, D.C. 20017
(202) 644-9838 or firstname.lastname@example.org
One of the easiest and least expensive ways to assist the Capital Area Food Bank is to include a bequest provision in your will or revocable trust. Since it is simple to update or revise your will, bequests allow you the most flexibility and security should your circumstances or plans change.
Types of bequests:
- Outright funded with specified assets such as cash, securities, real estate, or personal property
- Residual provides a share of the remainder of your estate after your heirs have been provided for
- Contingent distributes property only if you outlive your heirs
- Testamentary Trusts provides one or more heirs with income for life, after which the assets are transferred to the Capital Area Food Bank
You can provide a bequest for the Food Bank by revising your will, adding a codicil to your existing will, or including the Food Bank in a revocable trust. There are several ways to make distributions in your will:
- Percentage of Estate: Allows for flexibility and changes in estate assets over time – “I give, devise, and bequeath to the Capital Area Food Bank ____% of my estate.”
- Specific Dollar Amount: Helps to meet identified endowment or gift levels – “I give, devise, and bequeath to the Capital Area Food Bank the amount of $______.”
- Specific Property: Identifies specific property or items you wish to give – “I give, devise, and bequeath to the Capital Area Food Bank the following property ________.” (be sure to identify locations)
- Residue of Estate: Whatever is left after other bequests have been granted – “All the residue of my estate, including real and personal property, I give, devise, and bequeath to the Capital Area Food Bank.”