Tomorrow's Harvest: Create a Legacy of Hope

Northern Illinois Food Bank has launched a planned giving program, Tomorrow’s Harvest: Create a Legacy of Hope.  By supporting Tomorrow’s Harvest, you can ensure that tomorrow’s families in need will not go hungry.  A planned gift can be especially meaningful because it provides long-term support that strengthens our ability to meet future challenges in the fight against hunger.

 
We welcome the opportunity to discuss with you and your attorney or financial advisor the many options available to meet your charitable objectives while providing for your loved ones. For example, you can leave a bequest in your will, add NIFB as a beneficiary of your life insurance policy, or  give a gift of retirement assets. As some of the planned gift options may also provide tax benefits to you, your family or your estate, we recommend you consult with your legal and/or financial advisor to develop a personalized plan of giving.

Bequests

A bequest in your will or trust naming NIFB as a beneficiary is an easy way to support our future hunger relief efforts.  A bequest can be a gift of cash, securities or other specified asset.

Life insurance

Life insurance policies are another asset suitable as a planned gift to NIFB.  By donating a paid-in-full life insurance policy or designating the NIFB as a beneficiary of a new policy, you can help ensure continuity in Northern Illinois Food Bank’s distribution of food to those in need for long into the future.

Retirement Assets

Retirement assets may be one of the best assets to transfer as a charitable contribution because of their specific characteristics. In many cases retirement assets can be the highest taxed asset of an estate, and a beneficiary may have to pay income tax on distributions received. Please consult your legal and/or financial advisor about the gifting of any type of retirement asset, profit sharing plan, a 401(k) or 403(b), or an IRA before taking action. You can make a tax-efficient gift and help us provide food for those in need through a Charitable IRA.

We hope you will consider supporting Tomorrow’s Harvest with NIFB.  NIFB is pleased to help donors evaluate their giving options and consider opportunities to have a significant impact on the lives of northern Illinois residents facing hunger.  Please contact Lacie Manning, Senior Development Officer, Major Gifts, at the Northern Illinois Food Bank at 630-443-6910 ext. 111 or lmanning@northernilfoodbank.org for more information