• Give a Gift of Stock

    Give a Gift of Stock

    What could be better than helping to provide food and resources for those in need, while also making a smart financial decision? By donating appreciated securities (stocks, bonds or mutual funds) that you’ve owned for more than a year and one month and that has gone up in value you can reap great tax advantages.

    If you directly transfer appreciated stock to Food Bank, instead of selling it yourself first, you don’t have to pay any capital gains tax. Plus, you may be entitled to a significant tax deduction. Please contact your tax advisor to determine your personal tax benefits.

    Second Harvest accepts the following transfer methods for gifts of securities:

    Electronic Transfer
    Broker: Baird Acct# 4264-5389      DTC#: 0547      Acct. Name: Second Harvest Food Bank of Middle TN

    To transfer securities to Second Harvest, i.e. via Depository Trust Company (DTC), please provide the DTC transfer information to your broker. The securities will be transferred directly into our gift account at our broker.

    In order to properly credit the gift, it is important that you or your broker notify us of the gift and its intended purpose, and for the broker to reference your name in the DTC transfer instructions.

    Mutual Fund Transfer
    We recommend that you or your broker contact the mutual fund representative when gifting units of a mutual fund.

    The procedure for doing so may vary from one mutual fund to another. In some cases, the units may be transferred directly to our gift account via DTC. In other cases, Second Harvest may be required to open an account with the fund and have the gifted units transferred into that account.

    For further information, contact Renee Thompson,  Director Philanthropy, Individual & Major Gifts, at 615-294-8627.

  • Make a Bequest

    Make a Bequest

    By naming Second Harvest Food Bank as a beneficiary of your will, living trust, or insurance policy, you can leave a legacy that provides much-needed food for hungry people in Middle Tennessee for years to come. The following is an example of the language you can use when making a bequest in your will:

    “I, [name], of [city, state, ZIP], give, devise, and bequeath to Second Harvest Food Bank of Middle Tennessee [written amount or percentage of your estate or property] for its unrestricted use and purpose.”

    If you have included Second Harvest in your estate plans, please let us know so that we can properly thank you.

    For more information, we suggest you consult your attorney, then contact Renee Thompson,  Director Philanthropy, Individual & Major Gifts, at 615-294-8627.

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