You can help ensure that future generations grow up healthy – not hungry – by including a gift to the Northeast Iowa Food Bank in your will or estate plan.
To create a legacy that expresses your desire to help your hungry neighbors – even after your lifetime – you will want to carefully consider a number of important factors, including the assets to be used to fund the gift, the gift’s timing, effects on income-tax and financial planning, the impact on family members and friends, and the gift’s purpose.
Consider adding the Northeast Iowa Food Bank as a beneficiary in your will. You may be able to add a simple codicil for a charitable bequest to an existing will.
Naming the Northeast Iowa Food Bank as the beneficiary of your retirement plan assets, insurance plans, or savings account is the simplest way to make a legacy gift.
By establishing a “Transfer-on-Death” (TOD) or “Payable-on-Death” (POD) provision, you can transfer assets to the Northeast Iowa Food Bank without the expense of a will or trusts.
A legacy gift is best made with the counsel of your legal, tax or financial advisor. The information provided here is for illustrative purposes only and should not be considered investment, legal, accounting, tax or other professional advice.
Northeast Iowa Food Bank
PO Box 2397
Waterloo, IA 50704-2397
Tax I.D.: 42-1169648