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Monthly Archives: December 2019

Ten Years of Real, Healthy Food for Chester County

This past November we celebrated our 10th birthday and it is a great time as we head into a new decade to reflect on our past work in light of all that remains undone.

We invite you to learn more about our team and tour each department through our most recent annual report. While we are proud of our achievements, you’ll see new, alarming statistics about the pressing need for food right now in our communities. With new data from United Way of Pennsylvania, the “ALICE” report clearly outlines the gap between the cost of living in Chester County and the qualifications for benefits that are out of reach for many of our neighbors. We will continue to advocate for polices that promote food security and equitable access to food for the people we serve. These include the root causes of poverty and the compounding factors that contribute to hunger.

Ten years of critical work is an accomplishment we share only through generous involvement. As we define and roll out our next strategic plan, we are inspired by the prospects ahead. We encourage you to stay committed through our next 10 years, as we take the people of our community Beyond Hunger.

 

Tax Reduction Strategies that Help Our Neighbors

We sat down with Chester County Food Bank Board member, Kevin McDermott, Private Wealth Advisor of Delphi Wealth Management Group to discuss two tax strategies for legacy giving.

DONOR ADVISED FUND (DAF)

“A popular philanthropic vehicle, a Donor Advised Fund can be set up to benefit the Chester County Food Bank. A DAF is a simple, tax efficient investment account. It allows donors to make a charitable contribution, receive an immediate tax deduction, and recommend grants from the fund over time to charities,” says Kevin McDermott,

Here’s how a DAF works:

  • Make a contribution from personal assets, including cash, stock, real estate etc.
  • Immediately, receive the maximum tax deduction allowed by the IRS.
  • Name the DAF Account, designate the advisors and name the Chester County Food Bank as beneficiary.
  • Your contribution is placed in the DAF investment account, which grows, tax-free.
  • At any time, you can recommend grants from the fund to Chester County Food Bank or any other charity.

“New tax laws have changed the nature of donations,” said McDermott. “Now charitable contributions may not be deductible if someone chooses to file their taxes using the new higher standard deduction instead of itemizing. The DAF allows an individual to lump several years of charitable contributions together to make itemizing their deductions worthwhile even though they can spread those contributions out over a number of years.”

QUALIFIED CHARITABLE DISTRIBUTION / QCD

McDermott said, “Another option for tax-free giving is available to retired folks who designate the Chester County Food Bank as the recipient of the Required Minimum Distribution (RMD) from retirement accounts or IRAs each year. As you may remember, when you reach the age of 70 1/2, the IRS requires a withdrawal of a portion of your retirement account each year, whether or not you need it for living expenses. The RMD is considered taxable income. To avoid reporting the RMD as taxable income, a wise and generous idea is to designate these withdrawals (or a portion of them) directly to the CCFB. The amount becomes a Qualified Charitable Distribution, a mutually rewarding strategy for giving.

To find the right provisions for your tax situation, please contact your financial representative or tax attorney.

To support the Chester County Food Bank, visit our website or call 610-873-6000 to speak with Beverly Abbonizio, Director of Development. 

4 Simple Recipes for the Holidays

When you’re thinking about, working with and helping others get access to food as often as we are at Chester County Food Bank, it’s impossible to ignore the significance that the holidays can have for our neighbors in need. For many families in Chester County, even if they can get by week to week, the big, festive meals that for many of us are a time of joy can present lots of extra stress.

Our partnerships with local food pantries and our ongoing programs like our Senior Food Boxes, which provide nutritious ingredients to nearly 800 seniors in our region, help to ease the burden for families during the holidays and all year long.

As we round the corner to the winter holidays ahead, we wanted to remind you that preparing food for special gatherings doesn’t have to be an overwrought or expensive undertaking. Even if you love to cook, it can be hard to eke out the time or spend extra on specialty ingredients at the market. And while we all love to tuck into our favorite comfort foods around the holiday table, extravagance is not what these holidays are about. They are about togetherness, love and gratitude.

One of the things that we’re grateful for is that our favorite holiday side dishes require little more than a few veggies, a handful of herbs, a splash of milk or broth and a good recipe to guide the way. Here are four recipes from our collection for simple, affordable and nutritious holiday dishes that you can bring to the table this year:

Maple Glazed Squash: This recipe is a multi-tasker since it could be breakfast, a side dish or even a healthy dessert! With a dozen common varieties readily available, winter squash is a delicious nutrient-dense root veggie. This recipe is flexible for any variety and you could even include some sweet potatoes or carrots.

Roasted Beet & Kale Salad: Though it used to be a bit more of a “health food” staple, kale has risen through the ranks of the food world to become a mainstream veggie. And we’re glad for it, too: Our farm-grown kale is bursting with vitamins and minerals. This recipe featured as a Fresh2You recipe bundle this past season includes leeks but those can easily be substituted with red or yellow onions. A quick massage with olive oil tames the kale’s crunchy texture, and the bright slightly sweet dressing will have guests reaching for seconds. The salad is a lighter addition to the holiday menu.

Butternut Squash Mac & Cheese: Mac & Cheese is a holiday tradition for many families but it can also be one of the most calorie-laden. That’s why we appreciate this healthier take (but oh-so-delicious) on a classic dish.  Butternut squash brings a little sweetness and creaminess enabling for less cheese. Don’t think of this one just for the holidays, this is a keeper for the entire winter. This also freezes well so make a little extra for a snowy day ahead.

 

Applesauce Cinnamon Oat Muffins: Lots of cookies to go around during the holidays so this muffin is a guilt free treat. These muffins are freezer-friendly so make a batch to grab on busy mornings or for a healthy snack. This is a great base recipe so feel free to change it up by adding bananas, raisins or even some roasted butternut squash.

Find more recipe inspiration here including those featured with our Fresh2You Mobile Market weekly recipe bundles. Let us know if you made any of these recipes!

Want to learn more? Check out our mission video, sign up for our newsletter and stay connected. You can also donate food, funds and time to help us achieve our mission. Call (610) 873-6000 to speak to someone about getting involved or requesting a tour. Thanks to you, we’re growing a healthier community.

The Chester County Food Bank is the central hunger relief organization serving more than 120 food cupboards, meal sites and social service organizations throughout Chester County. We mobilize our community to ensure access to real, healthy food.

Emily Kovach

Featured photo: Pixabay; all other photos: Chester County Food Bank