Leaving a legacy gift to Montana Food Bank Network, whether in your will or another part of your estate, ensures your assets are put to their best philanthropic use and distributed in a way that reflects your beliefs and values. Some gift options can provide current tax benefits to you or future tax benefits to your estate. In addition, some options can provide lifetime income to you or your family today. Find more information below or contact Bill Mathews, Chief Development Officer, to discuss how you can include Montana Food Bank Network in your future planning.

Already included MFBN in your planned giving? We would love a chance to thank you, so please give us a call and share the good news!

Gifts in Wills

MFBN has partnered with FreeWill to make it simpler than ever to create or update your legal will and start your legacy with MFBN in the process. Click here to create your legal will and legacy gift for free.

Some gift options can provide current tax benefits to you or future tax benefits to your estate. In addition, some options offer you or your family lifetime income today.

Plan for all of your assets

Did you know you may have additional assets not covered in your will or trust? If you have an IRA, 401(k), life insurance policy, or any other accounts, these are called non-probate assets and will need to be planned separately.

Using the online tool below, you can log all of your assets, name Montana Food Bank Network as a beneficiary to strengthen our mission, and receive printable instructions on how to set each one up with your broker. Click here to plan your beneficiaries today.

IRA Giving

If you are over 70½, giving from your IRA helps you reduce your taxable income — and for those over 72, who must take a Required Minimum Distribution (RMD), an IRA gift is a simple way to fulfill it while supporting our work.

As a 501(c)3 nonprofit organization, Montana Food Bank Network is eligible for Qualified Charitable Distributions (QCDs). A QCD counts toward your required minimum distribution and may reduce your taxable income. To get started, contact your financial advisor or IRA plan administrator or use our secure IRA donation tool below.

We have invested in a secure IRA donation tool to make it easier than ever to give to MFBN directly from your IRA and receive tax benefits. It only takes a few minutes to use and will auto-complete your paperwork for you. Click here to give from your IRA.

Donor-Advised Funds

Recommending a gift to Montana Food Bank Network from your Donor-Advised Fund (DAF) is a simple and tax-beneficial way to give. Just contact your fund manager or use your provider’s online portal to direct a gift to:

Montana Food Bank Network
5625 Expressway
Missoula, MT 59808
EIN 81-0421243

Stocks, Bonds, Mutual Funds

Many gifts of appreciated securities such as stocks, bonds, and mutual funds provide a charitable deduction for the full fair market value of the donated asset. Contact Bill Mathews, Chief Development Officer, for additional information on giving to Montana Food Bank Network through stocks, bonds, and mutual funds.

Bank Accounts and CDs

Name us as the “payable-on-death beneficiary” of your bank accounts or on certificates of deposit. You own the assets for your lifetime and have them available. Upon your death, the assets pass directly to the MFBN without going through probate.

Real Estate

Property that is not mortgaged, has appreciated, and that you no longer need or use can be donated. You can deduct the fair market value of your gift and eliminate all capital gains taxes.

Retirement Account Assets

You may leave all or a portion of your retirement plan to Montana Food Bank Network and avoid high-income taxes. At the same time, you can pass more tax-favored assets to your family.

Life Insurance

You can name Montana Food Bank Network as the sole beneficiary of your life insurance policy. You can make annual tax-deductible contributions to cover the policy’s annual premium. Or, if the policy is paid, you will receive an immediate tax deduction in an amount equal to the policy’s cash surrender value.

Bequests

Leave a designated amount, percentage, or the remainder of your estate to us in your will. You can also leave a particular piece of property.

Charitable Gift Annuity

This is the most common type of planned gift. You make a charitable gift, and you or someone you designate can receive lifetime income. The remainder goes to MFBN upon your passing, potentially reducing, and deferring capital gains tax and reducing probate costs and estate taxes.

Charitable Remainder Trust

A charitable remainder trust pays you a fixed or variable income. The payments are made either for life or a period not to exceed 20 years. At the end of the trust’s term, the balance in the trust goes to support the charity you designate. You will also receive a partial income tax deduction.

Charitable Lead Trust

This type of charitable trust pays income to one or more charitable organizations, typically for years, after which the remaining trust assets pass to family members.

Contact Bill Mathews, Chief Development Officer, to discuss how you can include Montana Food Bank Network in your future planning.

Montana Food Bank Network provides general information only and does not provide financial counseling or estate planning services. Please consult a professional financial advisor or attorney for tax or legal advice.

Become part of our Network Sustainers Circle! As a member, your generous, recurring gift will help us plan for the future while sustaining our everyday work. With a steady stream of income, we can budget more effectively and ensure we can work towards ending hunger every day of the year, without any gaps in funding our expenses.

The power of monthly giving

• $20 per month ($240 per year) provides a family of four at least a week’s worth of groceries every month for a year;
• $50 per month ($600 per year) provides at least three students with weekend and holiday meals for an entire school year;
• $100 per month ($1,200 per year) provides enough diesel for us to deliver a full semi-truckload of food anywhere in the state each month.

Click here and select “Make a Recurring Donation” to become a Network Sustainers Circle member today.

Volunteer opportunities are available year-round in our Missoula warehouse. Click here to check out our Volunteer page and sign up today!

We can help your voice be heard. Click here to sign up and become an Anti-Hunger Advocate!

Commercially labeled food donations can be dropped off at MFBN’s warehouse at 5625 Expressway, Missoula, MT 59808 from 8:00 am to 4:00 pm, Monday through Friday, excluding all major holidays. Unopened food must be commercially labeled (not homemade or processed), free of rust or damage, and not past the expiration date with donation receipts available upon request.

Click here to find the nearest Network Partners to accept your donation.

MFBN’s Retail Food Rescue Program monitors all food donations and adheres to strict food safety procedures and certifications. Please reach out to Jesse Shraufnagel, Programs Manager, to get involved or answer other questions.