Leaving a legacy with Blessings in a Backpack

One of the many ways to make a gift to Blessings in a Backpack is by naming us in your will or trust. Some supporters might choose this option so they can leave a lasting contribution without affecting current financial security and freedom. Planned (or estate) gifts offer an avenue for supporters to leave a legacy of fighting childhood hunger.

If you have already included Blessings in a Backpack as a part of your estate plans, we would love to know so we can add you as a member of our Apple Legacy Council, reserved for those who are invested in the future of kids across America. You can complete the enrollment form and mail or email it to Brent, whose contact information is at the bottom of this page.

Members of the Apple Legacy Council receive:

* Printed quarterly newsletters

* Welcome letter from Blessings in a Backpack CEO

* Unique gold backpack lapel pin

* Blessings in a Backpack Tervis cup

* Inclusion in Blessings in a Backpack’s annual report

 

Glossary of terms:

Bequests: Bequests are often the most straightforward and most convenient types of planned gifts. You can choose to give all of your estate, a percentage, or part of the residue that is left over after other bequests are made.

Will: A will is a document that states your final wishes that is read by a county court. This is one of the most common ways to leave a bequest/gift. You can review sample bequest language you might include in your will below.

Living trust: A living trust is a written legal document through which your assets are placed into a trust for your benefit during your lifetime and then transferred to designated beneficiaries at your death by your chosen representative.

Retirement Plans or IRA: Supporters can also name Blessings in a Backpack as a beneficiary to their qualifying retirement plan or IRA.

Life insurance policy: One may choose to list Blessings in a Backpack as a beneficiary in their life insurance plan.

To include Blessings in a Backpack in your will, living trust, retirement plan, life insurance, or other planned gift, the following language may be used:

“I give Blessings in a Backpack (Tax ID #26-1964620), located at 4121 Shelbyville Road, Louisville, KY 40207 the following: (Here state the amount type of property, or percentage of your estate) for the area of greatest need, as determined by its board of trustees and the leadership they have put in place.”*

*When planning your estate, Blessings in a Backpack strongly advises you to seek counsel from your trusted advisors.

 

If you have questions about making a planned gift, please contact:

Brent Glass, Associate Director, Individual Giving

135 S LaSalle St., Suite 1921

Chicago, IL 60603

brentg@blessingsinabackpack.org

(312) 366-2749