By including Organic Soup Kitchen in your will or revocable trust, ou can offer support without giving up crucial assets you may need now. Designations can be of a specific dollar amount or other property. You may also designate Organic Soup Kitchen to receive a specified percentage or the residuary of your estate assets.

Did you know you can nourish your Santa Barbara County neighbors living with serious illness by naming Organic Soup Kitchen as a beneficiary of your IRA, 401(k), 403(b), or other retirement accounts? These assets can be a tax-efficient way to make a lasting impact.

Simply request a beneficiary designation form from your plan administrator. You can name Organic Soup Kitchen as a sole, partial, or contingent beneficiary.

A Donor-Advised Fund (DAF) is a charitable giving account that allows you to support your favorite nonprofits with ease and flexibility. Think of it as a philanthropic savings account: you contribute to the fund, receive an immediate tax deduction, and then recommend grants to qualified charities like Organic Soup Kitchen over time.

A DAF can also help you create a lasting legacy. By naming Organic Soup Kitchen as the beneficiary of your fund, you ensure your generosity and giving priorities continue to make an impact for years to come. Simply request a beneficiary designation form from your sponsoring organization.

By designating Organic Soup Kitchen as the beneficiary of your policy, the full proceeds will support our mission and won’t be subject to estate taxes. If you choose to transfer ownership of an existing policy to us during your lifetime, you may also be eligible for an immediate income tax charitable deduction—and you may be able to deduct any future premium payments you continue to make.

It’s simple to set up:

• If you already have a policy, request a “Change of Beneficiary” form from your insurance company.
• You can name Organic Soup Kitchen as the sole beneficiary, a co-beneficiary, or even as a contingent beneficiary if your primary beneficiary is no longer living.

A Qualified Charitable Distribution (QCD) lets individuals age 70½ or older donate directly from their Individual Retirement Account (IRA) to a qualified charity like Organic Soup Kitchen—without increasing their taxable income.

Charitable Remainder Trusts (CRTs) provide a flexible way to provide lifetime income. Working with your attorney, you create a trust instrument designating one or more beneficiaries to receive annual income for life or for a term of years. When the trust terminates, the remainder is given to the designated charities.

There are two types of charitable remainder trusts:

• Charitable Remainder Annuity Trust – the income is a fixed dollar amount and the donor cannot make additional contributions to the trust
• Charitable Remainder Unitrust – the income is a fixed percentage of the value of the trust and the donor can make additional contributions to the trust.

The potential benefits of a charitable gift annuity include:

• Income tax deduction for the present value of the remainder interest
• Avoidance of capital gains.
• Flexibility as to the income recipients and type of income.
• A Charitable Remainder Trust can support one or more charities.

An immediate contribution to the Perennial Harvest Endowment starts building your legacy today.