Gifts that cost you nothing now

Gifts in a will or by beneficiary designation are two easy ways to nourish those facing serious illness for years to come — and they don’t cost anything now.

If you have already included a gift in your estate plans to benefit the future of Project Angel Food, be sure to let us know so that we may best honor your wishes.

Gifts in a Will

Making a legacy gift in your will or trust is one of the easiest and most popular ways to make a lasting impact for Project Angel Food. Once you have provided for your loved ones, we hope you will consider making feeding those in need part of your life story through a legacy gift.

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A gift in your will is one of the easiest ways to create your legacy and offers the following benefits:

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LASTING IMPACT

Your gift will create a legacy of health, hope and comfort to those facing serious illness.

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FLEXIBLE

You can alter your gift or change your mind at any time and for any reason.

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NO COST

It costs you nothing now to give this way.

Four simple, “no-cost-now” ways to give in your will

General gift

A general bequest is a gift of a specific amount.

Residuary gift
A residuary gift is a gift of all or a percentage of the remainder of your estate after specific bequests and expenses have been paid.
Specific gift
A specific gift is a gift of a particular piece of property. For example, real estate, funds in a bank account or shares of a corporation.
Contingent gift
A contingent gift takes effect only if the primary beneficiary or beneficiaries do not live longer than you. In other words, your gift is contingent upon whether or not they survive after you.

You can mix these no-cost ways together. For example, you might consider leaving a specific percentage (such as 50%) of the residual to Project Angel Food contingent upon the survival of your spouse.

Gifts by Beneficiary Designation

It’s easy to put your bank accounts, retirement funds, savings bonds, and more to use in nourishing our seriously ill neighbors for years to come — and it costs you nothing now.

By naming Project Angel Food as a beneficiary of these assets, you can power our mission for years to come and establish your personal legacy of delivering hope and comfort to those who need it most.

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Potential benefits of gifts by beneficiary designation:

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Reduce or eliminate taxes

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Reduce or avoid probate fees

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No cost to you now to give

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Create your legacy with Project Angel Food

Types of Gifts

Retirement plan assets

You can simply name Project Angel Food as a beneficiary of your retirement plan to ensure people facing serious illness can receive nutritious food for years to come.

Life insurance policies

You can name Project Angel Food as a beneficiary of all or a portion of your life insurance policy. With this gift arrangement, Project Angel Food will receive the proceeds of your policy after your lifetime. You can change your beneficiary at any time and may reduce your estate taxes.

Bank or brokerage accounts

This is one of the easiest gifts to give and one of the most useful in accomplishing your philanthropic goals. The next time you visit your bank, you can name Project Angel Food (Tax ID: 95-4115863) as the beneficiary of a checking or savings bank account, a certificate of deposit (CD), or a brokerage account. When you do, you’ll take a powerful step toward nourishing those facing critical illness for generations to come.

Funds remaining in your donor-advised fund

What remains in a donor-advised fund is governed by the contract you completed when you created your fund. When you name Project Angel Food as a “successor” of your account or a portion of your account value, you help to ensure that people with serious illness can receive nutritionally balanced meals.

How to update a beneficiary designation:

Simply contact your bank, retirement plan administrator, insurance company, or other financial institution to request a beneficiary designation form. You may also be able to log in to your account and update your beneficiaries online.

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Please use our legal name: Project Angel Food

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Include our tax identification number: 95-4115863

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Please let us know so we can ensure that your wishes are carried out.

Our Team is Here to Help

Our experienced team is here to help you…

  • Learn about special projects that align with your interests.
  • Structure a donation that maximizes benefits for you and your loved ones.
  • Stay up to date on how your gift is used.
  • And more!

Complimentary Gift Planning Resources Are Just a Click Away!