Endowed Gifts

Your Gift Can Last Forever

An endowment gift to Northern Illinois Food Bank today provides a brighter picture for our future. When you make a donation to an endowment, you give a gift with both immediate and long-term benefits.

Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at Northern Illinois Food Bank. The remaining funds are reinvested to ensure indefinite support.

An Example of How It Works

Couple Smiling Longtime supporters of Northern Illinois Food Bank, Charlie and Susan have two goals: First, they want to make sure Northern Illinois Food Bank continues to receive support after they are gone. Second, they want to create a lasting legacy for Charlie’s parents.

Charlie and Susan make a $25,000 donation to Northern Illinois Food Bank, which we invest, and each year, a portion of the income from the invested money will be used to support our mission in honor of Charlie’s parents. Plus, Charlie and Susan qualify for a federal income tax charitable deduction on their taxes.

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Next Steps

  1. Contact Gina Gramarosso at 630-443-6910, ext. 130 or ggramarosso@northernilfoodbank.org to discuss endowed gifts.
  2. Seek the advice of your financial or legal advisor.
  3. If you include Northern Illinois Food Bank in your plans, please use our legal name and federal tax ID.

Legal name: Northern Illinois Food Bank
Address: 273 Dearborn Court, Geneva, IL 60134
Federal tax ID number: 36-3203648

Start Paying It Forward

View and download your FREE copy of Endowments: A Never-Ending Legacy.

Personal Estate Planning Kit

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This comprehensive estate planning kit helps you protect your family and establish your legacy. FREE!

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