PLANNED GIVING

WILLS & LIVING TRUSTS

A charitable bequest made through your will is one of the simplest ways to make a significant future gift to the charitable organizations that matter most to you.

By including a bequest in your will or living trust, you are ensuring that the San Antonio Food Bank can continue our mission to fight hunger and feed hope for the future.

Your bequest language (samples below) can specify how and when your gift will be used by the Food Bank upon receipt: for general operating or a special purpose.

  1. You include a bequest provision in your will or revocable trust
  2. At your death the Food Bank receives the bequest you specified

  • You may change your bequest or trust designation at any time
  • You control the funding property during your lifetime
  • Your bequest or trust designation will not be subject to any potential federal estate tax
  • You provide future support for the Food Bank

  • For further information, please contact our Individual Giving Team (their contact information is at the bottom of this page).
  • Seek the advice of your financial or legal advisor
  • Should you include the San Antonio Food Bank in your plans, please use our legal name and Federal Tax Identification Number
    • Legal Name: San Antonio Food Bank, Inc
    • Address: 5200 Historic Old Hwy 90, San Antonio, Texas 78227
    • Federal Tax Identification Number: 74-2122979

Sample will clauses are guidelines for your attorney when including a bequest to the San Antonio Food Bank in your will or other estate-planning documents. However, you or your attorney should always contact the Food Bank to be certain you have the correct, most up-to-date language.

General Purpose Bequest:
Specific Cash Bequest

I give and bequeath to the SAN ANTONIO FOOD BANK, INC., a Texas not-for-profit corporation whose address is 5200 Historic Old Hwy 90, San Antonio, Texas 78227, the sum of $_________ for its general corporate purposes.

Residuary Bequest:
Specific Cash Bequest

I give and bequeath to the SAN ANTONIO FOOD BANK, INC., a Texas not-for-profit corporation whose address is 5200 Historic Old Hwy 90, San Antonio, Texas 78227, _____% of the rest, residue, and remainder of my estate for its general corporate purposes.

Requests For A Special Fund:

I give and bequeath to the SAN ANTONIO FOOD BANK, INC., a Texas not-for-profit corporation whose address is 5200 Historic Old Hwy 90, San Antonio, Texas 78227, (the “San Antonio Food Bank”), the sum of $______ [or _____% of the rest, residue, and remainder of my estate] to be used for _________ [purpose]. If the San Antonio Food Bank reasonably determines that literal compliance with this purpose is impracticable or impossible, then the San Antonio Food Bank may use this bequest for its general corporate purposes, giving particular consideration to my special interest as described above.

Endowment Requests:

I give and bequeath to the SAN ANTONIO FOOD BANK, INC., a Texas not-for-profit corporation whose address is 5200 Historic Old Hwy 90, San Antonio, Texas 78227, (the “San Antonio Food Bank”), the sum of $___ [or ___% of the rest, residue, and remainder of my estate] to be added to the principal of the San Antonio Food Bank Endowment Trust [as a named endowment fund to be known as the “______ Fund”], in support of …

FEDERAL TAX INFORMATION

Your lawyer may ask you for some essential tax information about the San Antonio Food Bank. The San Antonio Food Bank’s full legal name is the “San Antonio Food Bank, Inc.” The Association is a public charity exempt from income, gift, and estate taxes under section 501(c)(3) of the Internal Revenue Code. Its federal tax identification number is 74-2122979.

BENEFICIARY DESIGNATIONS

Naming the San Antonio Food Bank as a beneficiary to receive assets such as life insurance policies and retirement plans is an easy way to leave a legacy.

  1. You name the San Antonio Food Bank as beneficiary for part or all of your retirement-plan benefits
  2. Funds are transferred by the plan administrator at your death

  • No federal income tax is due on the funds that pass to the Food bank
  • No federal estate tax on the funds
  • You provide future support for the Food Bank

  • For further information, please contact our Individual Giving Team (their contact information is at the bottom of this page).
  • Seek the advice of your financial or legal advisor
  • Should you include the San Antonio Food Bank in your plans, please use our legal name and Federal Tax Identification Number
    • Legal Name: San Antonio Food Bank, Inc
    • Address: 5200 Historic Old Hwy 90, San Antonio, Texas 78227
    • Federal Tax Identification Number: 74-2122979

By providing a charitable gift to the Food Bank in your estate plan, you can ensure that the important hunger-fighting work will continue on. Common ways to support the Food Bank include will or living trust designation and beneficiary designations of life insurance, 401k, IRA, or trusts.

Contact:

Valerie Lindsay
Director of Philanthropy Operations
210.431.8306
vlindsay@safoodbank.org

The information above is intended to introduce certain concepts, and we caution you not to rely on it for any legal, tax, or other purpose. You should obtain the advice of your legal and tax advisors before making any gift.

For questions regarding Planned Giving, please contact:

Valerie Lindsay
Director of Philanthropy Operations
210.431.8306
vlindsay@safoodbank.org