More Ways to Give
Stocks & Securities
Make an impact through donated stock
Did you know you can donate appreciated securities (stocks, bonds, or mutual funds) held for more than a year to Midwest Food Bank? In addition to making an investment in Midwest Food Bank, you may also receive a tax benefit. You can deduct the fair market value if you itemize, and all securities are transferred electronically and sold promptly upon receipt.
How to donate stock:
Gifts of marketable securities can be processed through ARK Financial.
Clearing Firm: Wells Fargo Clearing Services, LLC
DTC: 0141
Account Name: Midwest Food Bank NFP Attn Eric Hodel
Account Number: 40809472
Estates
Your estate can have a lasting impact on the fights against hunger. A planned gift to Midwest Food Bank allows you to support our mission through your will or trust. At life’s end, assets can only go three places: friends and family, taxes, or nonprofit organizations. Including MFB in your estate plans can help you meet your financial goals, reduce taxes, and create a lasting legacy.
Donor Advised Funds
Make an impact through your Donor Advised Fund gift
A Donor-Advised Fund (DAF) is a giving program that combines valuable tax benefits with the flexibility to support your favorite charities.
1
Establish your DAF by making an irrevocable, tax-deductible gift to a sponsoring public charity (such as Fidelity Charitable, Schwab Charitable, or your local community foundation).
2
Advise on investments for your donated assets. Any growth is tax-free.
3
Recommend grants to qualified public charities, like Midwest Food Bank, whenever you’re ready to give.
Reward Programs
Make an impact while shopping
Join shopping rewards programs that generate charitable donations for Midwest Food Bank. When you do your weekly grocery shopping, Midwest Food Bank receives benefits.
IRA Qualified Charitable Deductions
If you’re 70½ or older, you can make a Qualified Charitable Distribution (QCD) directly from your Individual Retirement Account (IRA) to Midwest Food Bank. This allows you to transfer up to $108,000 per year without having to pay income tax on the amount gifted.
Who We Help
Giving From a Heart That Knows Hardship
We often see faces in a line or names on a sign in sheet, but behind each one is a…
Learn More
Sylvia’s Experience Shows How Food Partnerships Support Real Families
Sylvia Simon didn’t imagine she would be raising six grandchildren while dealing with disability, long-term illness, and a fixed income.…
Learn MoreMeet the ODonnells, A Family Growing Beyond Their Past
We don’t always get to meet the people we serve or hear real stories of their daily lives. Often, the…
Learn MoreFAQs
You can find your answers here or contact our support team with any questions you have.
Who can I contact for more information about non-cash gifts?
We’re here to help. Please contact our Development Team at [email protected] or call (309) 691-5270 for transfer details, beneficiary information, or sample bequest language.
Who can I contact for more information about non-cash gifts?
We’re here to help. Please contact our Development Team at [email protected] or call (309) 691-5270 for transfer details, beneficiary information, or sample bequest language.
Can my estate plan create a legacy of giving?
Yes. Legacy gifts allow you to provide ongoing support for the mission of sharing the love of Christ through hunger relief and disaster response. Your financial advisor or attorney can help you include a charitable bequest tailored to your wishes.
Can my estate plan create a legacy of giving?
Yes. Legacy gifts allow you to provide ongoing support for the mission of sharing the love of Christ through hunger relief and disaster response. Your financial advisor or attorney can help you include a charitable bequest tailored to your wishes.
Why consider an estate plan or legacy gift?
An estate plan ensures that your values and priorities live on. Including Midwest Food Bank in your will, trust, or life-insurance policy extends your impact for generations, helping feed families long after your lifetime.
Why consider an estate plan or legacy gift?
An estate plan ensures that your values and priorities live on. Including Midwest Food Bank in your will, trust, or life-insurance policy extends your impact for generations, helping feed families long after your lifetime.
Can I name Midwest Food Bank as a beneficiary of my IRA or retirement account?
Absolutely. Naming Midwest Food Bank as a full or partial beneficiary of your IRA, 401(k), or other retirement plan is an easy way to leave a lasting legacy of hope without impacting your current finances.
Can I name Midwest Food Bank as a beneficiary of my IRA or retirement account?
Absolutely. Naming Midwest Food Bank as a full or partial beneficiary of your IRA, 401(k), or other retirement plan is an easy way to leave a lasting legacy of hope without impacting your current finances.
How do I make a charitable gift from my IRA?
Ask your IRA administrator to send your QCD directly to: Midwest Food Bank, 700 Erie Avenue, Morton, IL 61550 – Please include your name and contact information so we can acknowledge your generosity.
How do I make a charitable gift from my IRA?
Ask your IRA administrator to send your QCD directly to: Midwest Food Bank, 700 Erie Avenue, Morton, IL 61550 – Please include your name and contact information so we can acknowledge your generosity.
Can I support Midwest Food Bank through my IRA?
Yes. If you are 70½ or older, you can make a Qualified Charitable Distribution (QCD) directly from your IRA to Midwest Food Bank. This gift counts toward your Required Minimum Distribution (RMD) and may reduce your taxable income.
Can I support Midwest Food Bank through my IRA?
Yes. If you are 70½ or older, you can make a Qualified Charitable Distribution (QCD) directly from your IRA to Midwest Food Bank. This gift counts toward your Required Minimum Distribution (RMD) and may reduce your taxable income.
Are there tax benefits to giving through a DAF?
Yes. You may receive an immediate tax deduction when you contribute to your DAF, and you can recommend grants to Midwest Food Bank over time, allowing you to plan your charitable giving strategically.
Are there tax benefits to giving through a DAF?
Yes. You may receive an immediate tax deduction when you contribute to your DAF, and you can recommend grants to Midwest Food Bank over time, allowing you to plan your charitable giving strategically.
How do I set up or use my DAF to give?
If you already have a DAF through your financial institution or community foundation, you can recommend a grant to Midwest Food Bank, EIN 37-1368191. If you’d like to open a DAF, your financial advisor or provider can help you establish one easily.
How do I set up or use my DAF to give?
If you already have a DAF through your financial institution or community foundation, you can recommend a grant to Midwest Food Bank, EIN 37-1368191. If you’d like to open a DAF, your financial advisor or provider can help you establish one easily.
What is a Donor-Advised Fund (DAF)?
A Donor-Advised Fund is a simple, flexible giving account that allows you to recommend charitable grants to organizations you care about, such as Midwest Food Bank. You can support our mission directly from your DAF at any time.
What is a Donor-Advised Fund (DAF)?
A Donor-Advised Fund is a simple, flexible giving account that allows you to recommend charitable grants to organizations you care about, such as Midwest Food Bank. You can support our mission directly from your DAF at any time.
Can I designate how my stock donation is used?
Yes. You can choose to designate your gift toward a specific Midwest Food Bank division or program, such as Hunger Relief, Disaster Relief, or where it’s needed most. Simply indicate your preference when you notify us of your transfer.
Can I designate how my stock donation is used?
Yes. You can choose to designate your gift toward a specific Midwest Food Bank division or program, such as Hunger Relief, Disaster Relief, or where it’s needed most. Simply indicate your preference when you notify us of your transfer.
How do I transfer stock to Midwest Food Bank?
You or your financial advisor can initiate an electronic transfer directly from your brokerage account. Please contact us at [email protected] for our DTC transfer instructions and to notify us of your gift so we can properly acknowledge your donation.
How do I transfer stock to Midwest Food Bank?
You or your financial advisor can initiate an electronic transfer directly from your brokerage account. Please contact us at [email protected] for our DTC transfer instructions and to notify us of your gift so we can properly acknowledge your donation.
What are the tax benefits of donating stock?
When you donate appreciated securities, you may receive a charitable income-tax deduction for the full fair market value and avoid paying capital gains tax. This means your gift can make a larger impact while also providing potential tax savings.
What are the tax benefits of donating stock?
When you donate appreciated securities, you may receive a charitable income-tax deduction for the full fair market value and avoid paying capital gains tax. This means your gift can make a larger impact while also providing potential tax savings.
What types of securities can I donate?
We gratefully accept gifts of publicly traded stocks, bonds, and mutual funds—especially those you’ve held for more than a year. Donating appreciated securities can offer greater tax advantages than giving cash and allows Midwest Food Bank to put your gift to work quickly.
What types of securities can I donate?
We gratefully accept gifts of publicly traded stocks, bonds, and mutual funds—especially those you’ve held for more than a year. Donating appreciated securities can offer greater tax advantages than giving cash and allows Midwest Food Bank to put your gift to work quickly.