Gift of Personal Residence or Farm with Retained Life Estate

Gift of Personal Residence or Farm with Retained Life Estate Diagram. Description of image is listed below.

How It Works

  1. Transfer title to personal residence or farm to Food Bank For NYC
  2. No change in your lifestyle—you (and spouse) occupy and enjoy residence or farm for life
  3. Food Bank For NYC keeps or sells property after your death(s)

Benefits

  • No out-of-pocket cost for substantial gift to Food Bank For NYC
  • Federal income-tax deduction for remainder value of your residence or farm
  • You (and spouse) can occupy residence for life

 

Contact Us

Dawn Ellwood
Director, Planned Giving
646.634.3984
plannedgiving@foodbanknyc.org

Food Bank For NYC
355 Food Center Drive 
Bronx, NY 10474 

Federal Tax ID Number: 13-3179546

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