What we do for ourselves dies with us.  
What we do for others and the world remains and is immortal.”
— Albert Pike

There are several ways to create your legacy with Food For Thought — including gifts that cost nothing to make now, gifts that pay income, gifts that reduce taxes and gifts that benefit heirs.

Here a few popular ways to make a lasting impact:

Our confidence in Food For Thought is just one reason we’ve decided to become legacy donors and put Food For Thought in our will. That so many of Food For Thought’s clients are also active volunteers and donors shows us how unique this organization truly is.”

A gift in your will or trust

Making a gift to FFT in your will or living trust is easy to arrange and costs nothing to make now. Your gift is revocable and remains under your control during your life. You can leave a specific property, a dollar amount or a percentage of your estate to FFT. Click here to read simple bequest language that you can use as an amendment to your existing will.

A gift of retirement plan assets 

– Larry Prager & Linda Myszak

– Larry Prager & Linda Myszak

Distributions from tax-deferred retirement plans, like IRAs, are taxable to owners during life ­— and to heirs when inherited. This means that inherited IRAs can become a tax liability for children and loved ones. When used to make a charitable gift to FFT, however, retirement plan assets are transferred tax-free. By naming FFT as a full or partial beneficiary of your retirement plan and leaving other, less tax-vulnerable assets to your heirs, you can reduce or eliminate taxes for your heirs while knowing 100% of your gift to FFT will be used to provide healing nutrition and compassion to people affected by serious illnesses in Sonoma County forever.

A gift of life insurance

Donating a life insurance policy you no longer need can be a powerful strategy to make a larger gift than you might otherwise afford, while receiving immediate tax benefits. Perhaps your grown children are financially independent and your other assets meet your retirement needs. Or maybe you have a policy your parents purchased for you years ago. If you assign and transfer ownership of a fully paid policy to FFT during life, you’ll receive a tax deduction for your gift. You can also make a gift of life insurance by designation. Simply request a beneficiary designation form from your life insurance company and name FFT as a full, partial or contingent beneficiary.

A gift from a Donor Advised Fund

In addition to recommending immediate or recurring grants to FFT from your donor advised fund (DAF), you can name FFT as the full or partial beneficiary of your fund — ensuring future support for FFT’s mission.

A charitable gift annuity, a gift that pays you

charitable gift annuity provides you with fixed, annual payments for as long as you live, an immediate income tax deduction and the satisfaction of making a generous gift to FFT. Gift annuities can supplement retirement income with no surprises. And, if you fund your gift annuity with long-term appreciated securities, you won’t owe capital gains tax on any associated gain.

charitable remainder trust allows you to bypass the capital gains tax on the sale of appreciated assets (like real estate and securities) and receive lifetime income, an immediate tax deduction — and the satisfaction of making a significant future gift to FFT.

A charitable lead trust 

A charitable lead trust allows you to give trust income to FFT for a term of years after which trust assets are passed to non-charitable beneficiaries, often family members. For donors who want to ultimately pass assets they expect to appreciate to loved ones, but would like to provide FFT with significant current support, charitable lead trusts can be an excellent option. You decide which assets to transfer to a lead trust and the term of years during which FFT will receive trust income as a charitable gift.