Every September, we observe Hunger Action Month, a campaign initiated by Feeding America in 2008 to raise awareness and inspire action against hunger in the United States. Hunger is a critical issue, affecting over 34 million people, including 9 million children, according to the USDA. Food insecurity, which means not having enough food for a healthy life, has far-reaching consequences, from health problems to difficult choices between food, housing, healthcare, and more. With the pandemic has exacerbated this problem, especially in communities of color and among families with children.
Here are some ways to make a positive impact and help fight hunger:
Charitable Planning
Work with an estate planning attorney to create charitable trusts like charitable remainder trusts or charitable lead trusts. These provide tax benefits while supporting important causes.
Direct Donations
Consider making direct financial donations to local food banks, Feeding America, or other hunger-fighting organizations. Additonally, you can also include a one-time gift in your estate plan.
Volunteerism
Get involved by volunteering at local food banks or soup kitchens. This hands-on approach lets you make an immediate impact and inspire others, including your children or grandchildren, to join the cause.
By exploring these options and understanding the tax benefits associated with charitable planning, you can make a meaningful contribution to ending hunger in the United States. If you want to learn more about charitable giving and how it fits into your estate plan, don’t hesitate to reach out to us for guidance.”
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