Planned Giving

Planned Giving is a way to make a meaningful impact on your community beyond your own lifetime and well into the future. These are gifts that also return benefits to you, such as certain tax advantages for you and your heirs.

Did you know that:

You don't have to use cash to make your gift - donate appreciated securities instead. The deduction is the same as for a cash gift, and you pay no capital gains tax on the transfer.
You can give an asset that may help us more than it's helping you - such as a life insurance policy whose coverage your family no longer needs, or real estate like a second home or a parcel of undeveloped land, or even a collection of books or artwork that you no longer have room to display.
You can make a gift that costs you nothing during your lifetime - name the Community Food Bank of Eastern Oklahoma as a beneficiary of your will or revocable trust.

A legacy gift is best made with the counsel of one's legal, tax or financial advisor.

For more information on Planned Giving, contact Carol Foley at (918) 585-2800, ext. 109 or cfoley@cfbeo.org.