Gifts That Pay You Income

You can help create a hunger-free, healthy, and thriving community while earning an income from your gift.

Charitable Gift Annuities

Charitable gift annuities (CGAs) offer a secure, fixed payment stream for yourself and/or a loved one for your lifetime(s). You will also receive tax benefits and the satisfaction of creating a lasting legacy through Freestore Foodbank.

How it works:

• You donate cash or appreciated securities worth $10,000 or more to Freestore Foodbank. In return, you and/or another beneficiary will receive fixed payments for life.
• Your payment rate is based on your age (payments start at age 65 or later) and will never change.
• A portion of your payments will be tax-free.
• The older you are — or the longer you defer starting your payment — the higher your payments will be.

Benefits to you include:

Charitable Remainder Trusts

A Charitable Remainder Trust (CRT) is a tax-free trust that pays you and/or other beneficiaries an annual distribution. This payment is either a percentage of the annual value of the trust, or a percentage of the original gift amount.

How it works:

• You transfer cash or an appreciated asset* into an irrevocable trust.
• The trustee then sells the asset, paying no capital gains tax, and reinvests the proceeds.
• For the rest of your life (or a term of years), you and/or another beneficiary receive payments from the trust.
• After your lifetime, the remaining principal is used to support the mission of Freestore Foodbank.

Benefits to you include:

See Your Impact

Freestore Foodbank is dedicated to alleviating hunger by sourcing and distributing millions of pounds of food through a vast network of 614 partner agencies across 20 counties. Our expansive new Community Resource & Distribution Center allows us to efficiently manage large-scale donations and increase food distribution, especially perishable produce. We are committed to reaching urban, suburban, and rural communities to ensure no one in our region faces hunger alone.