Donation Methods

We encourage you to explore the options that are advantageous to you – and will benefit the Second Helpings’ mission to eliminate hunger and empower people.

A gift of securities – You may earn a charitable income tax deduction based on the fair market value on the date of the gift. If you have held the securities for more than a year, you may also avoid paying capital gains tax on any appreciation by donating the securities rather than selling them and donating the proceeds.

An IRA rollover gift – If you are 70 1/2 or older, you  may transfer up to $100,000 from a traditional or Roth IRA directly to Second Helpings without claiming the transfer as income. You can obtain the transfer forms from your IRA custodian.

A gift of life insurance – If you have policies you no longer need, life insurance can make a convenient tax-deductible charitable gift. When you transfer your policy to Second Helpings, you may have the opportunity for tax deductions on the premiums you pay or the cash value of the policy. Alternatively, as part of your estate plans, you can name Second Helpings the full or partial beneficiary of your life insurance policy.

• Establishment of a charitable trust – A charitable trust may provide you or your family with income for life, while also avoiding capital gains taxes and supporting Second Helpings’ fight against hunger and poverty. A charitable trust is also flexible enough to be structured to your family’s needs.

• Charitable gift annuity – You can earn guaranteed income for life and a charitable tax deduction now – all while helping Second Helpings. (Minimum deposit of $10,000 required to set up annuity.)

• Vehicle Donations – Do you have a car you’d like to get rid of? We can turn it into meals for hungry Hoosiers!

For further information, please contact Senior Director of Philanthropy, Katie Prine at 317-632-2664 ext. 138 or to inquire about planned giving, estate planning, naming Second Helpings in your will, or any of the options included here.