Planned Giving - Supporting the Prescott Community Cupboard Food Bank
Supporting Our Community Through Philanthropy
Welcome to the Prescott Community Cupboard Food Bank, a leading organization dedicated to alleviating hunger and supporting individuals and families in need. We believe in the power of philanthropy and the significant impact it can have on our community. Through planned giving, you can contribute to our mission in a meaningful way, enabling us to continue serving those who rely on our services.
Understanding Planned Giving
Planned giving refers to the act of making a future charitable gift, typically through a will or other estate planning strategies. It allows individuals to leave a lasting legacy by providing crucial support to causes they care about, even beyond their lifetime.
The Power of Your Contribution
By choosing to support the Prescott Community Cupboard Food Bank through planned giving, you are making a profound difference in the lives of individuals and families facing food insecurity. Your contribution enables us to provide essential resources and nourishment to those in need, ensuring that no one goes hungry in our community.
How to Get Involved
If you are interested in making a planned gift to the Prescott Community Cupboard Food Bank, we recommend consulting with your financial advisor or estate planning professional to explore the best options for your circumstances.
Types of Planned Gifts
There are several popular methods of planned giving, each offering distinct benefits:
1. Bequests
A bequest involves leaving a portion of your assets or property to the Prescott Community Cupboard Food Bank through your will or living trust. This can be a specific amount, a percentage, or even the remainder of your estate after providing for your loved ones.
2. Charitable Gift Annuities
A charitable gift annuity allows you to make a donation to our organization while ensuring a fixed income stream for yourself or a loved one for a specified period of time. It combines philanthropy with financial planning.
3. Charitable Remainder Trusts
Through a charitable remainder trust, you can place assets into a trust while designating the Prescott Community Cupboard Food Bank as the ultimate beneficiary. You or your designated beneficiaries receive income from the trust for a set period, after which the remaining assets support our mission.
4. Life Insurance Policies
You can make a significant impact by naming the Prescott Community Cupboard Food Bank as a beneficiary of your life insurance policy. This allows you to support our cause while leaving other assets available for loved ones.
Maximizing the Impact of Planned Giving
Your planned gift not only sets the stage for long-term impact but can also offer potential tax benefits. By working with your financial advisor and considering the specific circumstances of your estate, you can maximize the effectiveness of your philanthropic goals while minimizing your tax liabilities.
Contact Us Today
If you are passionate about making a difference through planned giving, we encourage you to reach out to our team at the Prescott Community Cupboard Food Bank. Our dedicated professionals are here to assist you, answer your questions, and help guide you through the planned giving process.
Together, we can create a brighter future and ensure that no one in our community goes hungry. Make your planned gift today and be a part of the positive change we are making through the Foothills Food Bank & Resource Center.