Planned & Estate Giving
You can build a legacy of support for our neighbors in need by including Circle of Concern Food Pantry (Circle) in your planned and estate giving. Gifts given through a planned strategy can support Circle’s mission, while also providing financial and tax benefits to you and your family.
If you are including Circle in your estate plans, please let us know so that we may thank you, and so that we may share information with your attorney or advisor. Please contact cyndi@circleofconcern.org or phone 636.861.2623 x117 to request a one-page “sample language” flyer. Gifts made through the following means can make a lasting impact:
- Wills & Trusts – Make a bequest (a gift from your estate) to Circle of Concern for a specific amount, for a percentage of your estate, or for all or a portion of what remains after you have made bequests to your family.* Our partner, FreeWill’s secure online resource, can guide you through the process of making or updating your will in just 20 minutes for free.
- Have you already included a gift to Circle of Concern in your will? If so, please fill out this form so we can express our gratitude for your generosity and ensure our records are up-to-date.
- Life Insurance – Designate Circle of Concern as a beneficiary or partial beneficiary. Contact the life insurance company and complete the appropriate beneficiary designation form.*
- Stocks & Bonds (Gifts of Securities) – Make a current gift of stock, instruct your broker to notify Circle of your stock gift by calling Cyndi or Juliet at 636.861.2623, or by emailing cyndi@circleofconcern.org. We will provide you or your broker with account information needed to complete the transfer. When we receive your gift of stock, we will send an acknowledgment / tax receipt noting the fair market value of the stock on the date we received the donation.** We will need:
• Your name & mailing address
• The name of the stock
• The number of shares
• Estimated value
• Estimated date of transfer
• The name of your brokerage firm - IRAs, 401Ks or other Qualified Retirement Plans – Designate Circle of Concern as a beneficiary or partial beneficiary. Contact the retirement plan administrator and complete the appropriate beneficiary designation form.* If you are 70 ½ or older, you can use the IRA charitable rollover now to make a tax-free gift to Circle of Concern. If you have not yet taken your required minimum distribution (RMD) for the year, your IRA charitable rollover gift can satisfy all or part of that requirement. **
- Donor-Advised Funds – A Donor-Advised Fund (DAF) is like your own charitable savings account. You contribute to the fund as frequently as you like and then recommend that the fund give grants to nonprofits like ours, all while potentially earning immediate tax benefits. It’s important to know that giving through a DAF can exclude your gift from qualifying for popular tax credit programs, such a the MO Food Pantry Tax Credit program.
- Non-Probate Assets – Do you have an IRA, 401(k), life-insurance policy, or any other non-probate assets not included in your will? If so, you can also designate Circle of Concern as a beneficiary of one or more of these kinds of assets to establish your legacy with us. Our partner, FreeWill, can help you organize your non-probate assets in one place so you can easily plan your beneficiary designations.
*The information in this publication is not intended as legal or tax advice. It is essential that you consult a financial planner, attorney and / or tax advisor to aid you in making these important financial decisions.
** To avoid income tax on gifts of stock or gifts made from an IRA or other qualified retirement plan, transfers must be made directly to Circle of Concern. Again, please consult an attorney or tax advisor when making these important decisions.
