You do not need to be wealthy to leave a legacy. Whether you would like to put your donation to work today or benefit your neighbors after your lifetime, you can find a charitable plan that enables you to provide for your family and continues your mission of fighting hunger in Maine.
Do you dream about a time where there is no hunger in Maine, when every cupboard is full, and everyone has enough to eat? We do too.
Make a long-term impact with a gift in your Will or Living Trust
A gift in your will is a meaningful way to help end hunger in Maine.
It is easy to complete your gift by including just one sentence in your will. Since your gift is not realized until after your lifetime, it costs you nothing today. With the added peace of mind should your life or financial circumstances change, you can change your mind at any time.
No matter the size, a gift in your will to Piscataquis Regional Food Center helps fight hunger in the Maine Highlands region.
Contact Kelly Sirimoglu for additional information on bequests or to chat more about the different options for including Piscataquis Regional Food Center in your will or estate plan.
Seek the advice of your financial or legal advisor.
If you include us in your plans, please use our legal name and federal tax ID.
Legal Name: Piscataquis Regional Food Center
Address: 76 North Street, Dover-Foxcroft, ME 04426
Federal Tax ID Number: 82-2245071
Planned & Legacy Giving
IRA Charitable Rollover
A Tax-Saving Way to Help Fight Hunger in Maine
If you are 70½ years old or older, you can take advantage of a simple way to benefit Piscataquis Regional Food Center and receive tax benefits in return. You can give any amount up to $100,000 per year from your IRA directly to a qualified charity such as ours without having to pay income taxes on the money. This popular gift option is commonly called the IRA charitable rollover, but you may also see it referred to as a qualified charitable distribution, or QCD for short.
QCD’s are popular for many reasons. The donation may be used immediately by the organization, which means you will be able to see the impact your donation has in the community. And, because You pay no income taxes on the gift. The transfer generates neither taxable income nor a tax deduction, so you benefit even if you do not itemize your deductions.
Beginning in the year you turn 72, you can use your gift to satisfy all or part of your required minimum distribution. Additionally, since the gift doesn’t count as income, it may reduce your annual income level. This may help lower your Medicare premiums and decrease the amount of Social Security that is subject to tax.
Please seek the advice of your financial or legal advisor to learn more about establishing an IRA Charitable Rollover.