Why Planned Giving Could Be a Great Idea for You
A planned gift is a way to make a significant charitable contribution while also achieving your financial goals. It can be a simple, no-cost way to make an incredible impact on our community's well-being. By joining our dedicated circle of supporters, you can protect the future of our mission while leaving a legacy.
Planned giving helps us fulfill our mission of mitigating food insecurity. Click the arrows below to learn more about ways you can give.
Legacy Gifts
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The most common way to make a planned gift is through a bequest in your will or living trust. You can designate a specific amount, a percentage of your estate, or the remainder of your estate after other provisions are met. We’ve partnered with FREEWILL, a will preparation service, at no cost to you.
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Easily name Meals on Wheels of Greater Lynchburg as a beneficiary of your retirement account (like a 401k or IRA) or a life insurance policy. This is a simple step that requires only a form from your plan administrator.
Gifts for an Immediate Impact
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A Donor Advised Fund (DAF) is a simple, flexible, and tax-efficient way to manage your charitable giving. Think of it as a personal charitable savings account. By contributing cash, appreciated stock, or other assets to a DAF, you receive an immediate tax deduction.
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The Steward’s Society honors donors who provide a special gift that will feed our homebound neighbors for all time. A gift in the amount of $26,000 (lump sum, or paid over 3 years) will provide meals ‘forever’ for one person in our community.
Participation in the Steward’s Society is simple and flexible, and can be included in your estate plans.
If you think the Steward’s Society is right for you, email Kris.
Tax-Smart Gifts Today
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When you give appreciated stock that you’ve held for more than a year, you may receive two significant benefits:
Avoid Capital Gains Tax
Receive a Tax Deduction
This approach allows your generosity to go even further, turning an investment into a legacy of nourishment and compassion for people of all ages and incomes in our community. Please consult with your financial or tax advisor to determine the best approach for you.
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If you are 70 1/2 or older, you may be able to make a direct transfer from your IRA to our organization. This donation can satisfy your Required Minimum Distribution (RMD) and be excluded from your taxable income.
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It’s easy to make a gift of stock to Meals of Greater Lynchburg. If you have any questions, please call our office for support. 434-847-0796.
Please notify us of your generous gift so we can be on the lookout for it!
Send the securities:
Our Broker – Truist Wealth
(formerly BBT/Scott & Stringfellow of Lynchburg)
434-846-2711Information for your broker:
DTC# 0226
Account # WA7-092739
Account Title – Meals on Wheels
Please tell your broker you would like to make a gift of stock to Meals on Wheels of Greater Lynchburg. Your broker will walk you through the easy process.