donor benefits

Immediate Tax Deduction -
Donations are fully deductible in the year they are made and, depending on circumstances, may be carried forward for up to five additional years. Gifts can include such things as IRA disbursements, securities or real property.

Avoidance of Captial Gains Tax -
When appreciated assets are donated, no capital gains are realized or reported by the donor.

Independent Tax Planning and Charitable Support Decisions -
Funding from a DAF provides an immediate tax advantage, yet allows the donor to retain the right to recommend charitable grants at a later date to one or multiple causes.

Future Funding -
We can receive gifts from any source, at any time, resulting in an immediate tax deduction. A common source of future funds is the remainder value of a charitable gift annuity or other planned gift. You may designate The Local Food Trust as a beneficiary of your will or trust.

Simplified Administration -
As a component fund with Legacy Global, they assist The Local Food Trust with fund administration, compliance, granting, and reporting.

Please contact Patricia Hennessy, Director and Founder with questions - patricia@supportlocalfood.org