Planned Giving
Include Crosstimbers Food Pantry in your estate plans to help build a community without hunger. Planned giving offers a meaningful way to leave a lasting legacy, ensuring that future generations have access to nutritious food and a supportive community.
Whether you are interested in making a gift today or planning for the future, you can make a significant impact in several ways. It is important to consult with your attorney and tax advisor to determine which giving option is best for your situation.
Types of Planned Gifts
Bequests
A bequest is a gift made through your will or trust. It is one of the simplest ways to support Crosstimbers Food Pantry’s mission, allowing you to specify an amount, percentage, or the remainder of your estate to Crosstimbers Food Pantry.
Beneficiary Designations
You can name Crosstimbers Food Pantry as a beneficiary of your retirement plan, life insurance policy, or other financial accounts. This option allows you to continue using your assets during your lifetime, with the balance being transferred to Crosstimbers Food Pantry upon your passing.
Charitable Gift Annuities
A Charitable Gift Annuity (CGA) allows you to make a gift to Crosstimbers Food Pantry while receiving a fixed income for life. Upon your passing, the remaining funds will support Crosstimbers Food Pantry’s efforts to combat food insecurity.
Charitable Remainder Trusts
A Charitable Remainder Trust (CRT) provides you or your beneficiaries with income for a specified time, after which the remainder of the trust is donated to Crosstimbers Food Pantry. This option offers potential tax benefits while supporting our mission.
Stock and Securities
Donating appreciated stocks or securities is a tax-efficient way to support Crosstimbers Food Pantry. Transferring your assets directly to CORA can potentially avoid capital gains taxes while making a significant impact. Crosstimbers Food Pantry accepts gifts of stocks and securities through Blake Stewart at Edward Jones. For information on how to make a gift, please call Blake at 919-542-3020.
IRA Charitable Rollover
If you are 70½ years or older, you can make a tax-free gift directly from your IRA to Crosstimbers Food Pantry. This is a great way to reduce your taxable income while supporting our mission.
Consult Your Advisors
Before making any decisions, we encourage you to consult with your attorney or tax advisor to explore the option that aligns with your financial goals and charitable intentions.
Include Crosstimbers Food Pantry in your estate plans to help build a community without hunger. Planned giving offers a meaningful way to leave a lasting legacy, ensuring that future generations have access to nutritious food and a supportive community.
Whether you are interested in making a gift today or planning for the future, you can make a significant impact in several ways. It is important to consult with your attorney and tax advisor to determine which giving option is best for your situation.
Types of Planned Gifts
Bequests
A bequest is a gift made through your will or trust. It is one of the simplest ways to support Crosstimbers Food Pantry’s mission, allowing you to specify an amount, percentage, or the remainder of your estate to Crosstimbers Food Pantry.
Beneficiary Designations
You can name Crosstimbers Food Pantry as a beneficiary of your retirement plan, life insurance policy, or other financial accounts. This option allows you to continue using your assets during your lifetime, with the balance being transferred to Crosstimbers Food Pantry upon your passing.
Charitable Gift Annuities
A Charitable Gift Annuity (CGA) allows you to make a gift to Crosstimbers Food Pantry while receiving a fixed income for life. Upon your passing, the remaining funds will support Crosstimbers Food Pantry’s efforts to combat food insecurity.
Charitable Remainder Trusts
A Charitable Remainder Trust (CRT) provides you or your beneficiaries with income for a specified time, after which the remainder of the trust is donated to Crosstimbers Food Pantry. This option offers potential tax benefits while supporting our mission.
Stock and Securities
Donating appreciated stocks or securities is a tax-efficient way to support Crosstimbers Food Pantry. Transferring your assets directly to CORA can potentially avoid capital gains taxes while making a significant impact. Crosstimbers Food Pantry accepts gifts of stocks and securities through Blake Stewart at Edward Jones. For information on how to make a gift, please call Blake at 919-542-3020.
IRA Charitable Rollover
If you are 70½ years or older, you can make a tax-free gift directly from your IRA to Crosstimbers Food Pantry. This is a great way to reduce your taxable income while supporting our mission.
Consult Your Advisors
Before making any decisions, we encourage you to consult with your attorney or tax advisor to explore the option that aligns with your financial goals and charitable intentions.