Your Legacy,
Their Future
By making a planned gift, you ensure that the work of Bread for the World endures as a legacy that will echo through generations.
Your planned giving options
There are a variety of ways to make a planned gift to Bread for the World or Bread for the World Institute, including the options below. You can equip Bread to offer personalized information on planned giving and its direct impact by filling out this survey or contacting our planned giving advisor Christa Gleason ([email protected]).
Bequests
A gift in your will to Bread for the World or the Bread for the World Institute provides crucial long-term support to the mission of advocating for the end of hunger. These popular legacy gifts allow Bread for the World to plan and implement effective initiatives to address the root causes of hunger and advocate for change.
When including Bread for the World or Bread for the World Institute in your estate plans, please reference our Sample Bequest Language to find examples of the various types of bequests and the legal language required for them.
Charitable Gift Annuities
Charitable Gift Annuities provide you with the opportunity to make a meaningful gift during your lifetime, qualify for a partial tax deduction, and receive fixed payments for life, all while leaving the remainder to support Bread for the World or Bread for the World Institute.
Beneficiary Designations
Designating assets – such as 401(k)s, IRA accounts, Donor Advised Funds, or bank accounts – to Bread for the World or Bread for the World Institute may provide a tax advantage to your heirs, even if your estate falls below the tax threshold.
Charitable Remainder Trust
A Charitable Remainder Trust (CRT) allows you to benefit from an immediate charitable deduction for assets contributed to the trust while maintaining control over invested funds and receiving lifetime payments. You will also have the peace of mind that the remainder will contribute to the work of Bread for the World or the Bread for the World Institute.
How to get started with a planned gift to Bread for the World
If you’ve already included Bread for the World in your estate plans
We invite you to join the Art Simon Legacy Society. Inspired by Bread for the World founder Art Simon, this community is committed to making planned gifts to advance the work of ending hunger for generations to come.
You can join the Art Simon Legacy Society by contacting our planned gift advisor Christa Gleason at [email protected]
If you’re considering including Bread for the World in your estate plans
Here are some next steps that you may take:
- Seek advice from a financial planner, legal advisor, or reach out to the controller of the account to discuss the options that are best for you.
- Ensure you have the details you need. If you list Bread or the Institute in your will, be sure to include our tax ID, legal name, and address
Bread for the World, Tax ID (Not Tax-Deductible): 13-2803276 – 425 3rd Street SW, Suite 1200 Washington, DC 20024
Bread for the World Institute, Tax ID number: 51-0175510
425 3rd Street SW, Suite 1200 Washington, DC 20024
- Contact us. Let our planned giving advisor Christa Gleason ([email protected]) know about your plans.
- Consider joining the Art Simon Legacy Society.
This community is committed to ensuring the work of advocating for the end of hunger continues for years to come. Contact Christa Gleason ([email protected]) to learn more.
Frequently Asked Questions
Why do people make planned gifts?
Through planned gifts, people can leave a legacy that improves the world for future generations and optimize their financial and estate plans.
Is my estate big enough to leave a planned gift?
Every contribution – no matter the size – is crucial to supporting Bread for the World or Bread for the World Institute’s mission to advocate for the end of hunger. We are grateful for all levels of gifts, and our Planned Giving Advisor and the ELCA are here to help you explore the options that align with your financial and charitable goals.
What is the Evangelical Lutheran Church in America? What benefits do they offer me as a supporter of Bread for the World?
Bread partners with the Evangelical Lutheran Church in America Foundation to provide support for donors looking to set up planned giving vehicles. The full list of vehicles they advise on can be found here: https://foundation.elca.org/.
The ELCA does not offer financial or tax advice, but they work to provide a roadmap for charitable giving and educate donors on the best possible charitable giving and legacy/estate planning paths or instruments available to them. The ELCA Foundation partners with your tax advisor, financial planner, attorney, accountant, etc.
It is important you know that Bread for the World doesn’t directly manage annuities. If you are looking to set up an annuity to Bread, you will need to contact the ELCA Foundation.
If you are interested in setting up a planned giving vehicle through the ELCA Foundation, you can contact Rev. David Shank’s, [email protected].
Can my planned gift commitment be kept anonymous?
Your privacy is important to us. If you decide to make an anonymous planned gift to Bread for the World or Bread for the World Institute, we support your choice. If you have specific preferences or instructions regarding anonymity, our Planned Giving Advisor is here to help ensure your wishes are met. Your commitment to our mission to end hunger is what matters most, whether it is publicly acknowledged or anonymous.
Does it matter if I leave a planned gift to Bread for the World or Bread for the World Institute?
Certain planned gifts provide tax benefits for you during your lifetime or for your heirs after your passing. For this reason, it is important to note that Bread for the World is a 501(c)(4) nonprofit and contributions to it are not tax-deductible. However, contributions to Bread for the World Institute, a 501(c)(3) nonprofit, are tax-deductible. Understanding these distinctions can help you make informed decisions about the potential tax implications of your planned gift.
Planned Gifts left to 501(c)(3) nonprofits for tax purposes:
- Charitable Gift Annuities (CGAs)
- Charitable Remainder Trusts (CRTs)
- Charitable Lead Trusts (CLTs)
- Beneficiary of Retirement Assets
- Beneficiary of Life Insurance
Always consult with a qualified tax advisor or financial planner to ensure compliance with current tax laws and regulations.
What if I change my mind about leaving a planned gift?
If the planned gift is not irrevocable, you can modify it by removing an organization or changing the designated beneficiary. We understand that circumstances change for various reasons, and we respect your choice if you decide to adjust your estate plans. If any changes affect Bread for the World or the Institute, please let us know so we can plan accordingly.
Get in touch
Christa Gleason
Planned Giving Advisor
[email protected]
Direct: 202-688-1128 EXT 1128
As your guide in planned giving, I’m dedicated to helping you understand the options and impacts of your legacy. Through partnership and support, my aim is to assist you in making informed decisions that pave the way for a hunger-free future. Together, our legacy can nurture hope for generations to come.
