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Languages:

English English
Spanish Español

Help us create a community without hunger

Planned Giving

Include CORA in your estate plans to help build a community without hunger. Planned giving offers a meaningful way to leave a lasting legacy, ensuring that future generations have access to nutritious food and a supportive community.


Whether you are interested in making a gift today or planning for the future, you can make a significant impact in several ways. It is important to consult with your attorney and tax advisor to determine which giving option is best for your situation.


Types of Planned Gifts


Bequests
A bequest is a gift made through your will or trust. It is one of the simplest ways to support CORA’s mission, allowing you to specify an amount, percentage, or the remainder of your estate to CORA.


Beneficiary Designations
You can name CORA as a beneficiary of your retirement plan, life insurance policy, or other financial accounts. This option allows you to continue using your assets during your lifetime, with the balance being transferred to CORA upon your passing.


Charitable Gift Annuities
A Charitable Gift Annuity (CGA) allows you to make a gift to CORA while receiving a fixed income for life. Upon your passing, the remaining funds will support CORA’s efforts to combat food insecurity.


Charitable Remainder Trusts
A Charitable Remainder Trust (CRT) provides you or your beneficiaries with income for a specified time, after which the remainder of the trust is donated to CORA. This option offers potential tax benefits while supporting our mission.


Stock and Securities
Donating appreciated stocks or securities is a tax-efficient way to support CORA. Transferring your assets directly to CORA can potentially avoid capital gains taxes while making a significant impact. CORA accepts gifts of stocks and securities through Blake Stewart at Edward Jones. For information on how to make a gift, please call Blake at 919-542-3020.


IRA Charitable Rollover
If you are 70½ years or older, you can make a tax-free gift directly from your IRA to CORA. This is a great way to reduce your taxable income while supporting our mission.


Consult Your Advisors

Before making any decisions, we encourage you to consult with your attorney or tax advisor to explore the option that aligns with your financial goals and charitable intentions.


For more information on planned giving options, please get in touch with Rebecca Hankins at Rebecca@corafoodpantry.org.