Property Giving

Giving support to Eastern Illinois Foodbank for hunger relief can occur when the donor decides to offer various Personal Properties - to feed the hungry.

You can make a gift of Personal Property as a donation now, or to be set aside as part of a Bequest Gift or estate plan.

Gifts of Personal Property are typically of three types:

1. Consumable Property

These gifts are intended to be consumed or used by the Foodbank, such as office furniture, equipment, a used truck or van, or office supplies.

2. In-Kind Property

   These gifts are intended to offset costs now assumed by the Foodbank such as construction materials or major supplies.

3. Asset Property

   These gifts, such as real estate, art collections, jewelry, antiques, securities, life insurance or other tangible items, are intended to be presented for their monetary value or as part of an estate plan - and to be sold, with sale monies going to the Foodbank.

   Often with the donation of asset property, the donor can avoid capital gains taxes on the appreciation. In the case of securities which have depreciated in value, it can be highly advantageous to sell the funds, take the capital loss for tax purposes and donate the proceeds to feed the hungry.

We would be pleased to speak with you about developing such a plan to give property - for hunger relief.