Remember Lagos Food Bank in Your Will
Your commitment to ending hunger can continue for generations.
At Lagos Food Bank Initiative (LFBI), we believe that no one should have to face hunger. Through our food assistance, nutrition, agricultural recovery, and other food systems programmes, we work to support vulnerable individuals and families while addressing the underlying causes of food insecurity.
A gift in your Will is one way to ensure that this work continues beyond your lifetime. By remembering LFBI in your estate plan, you can leave a lasting expression of your values and help build a future in which more people have access to adequate food and nutrition.
What is a charitable bequest?
A charitable bequest is a gift that you choose to leave to a charitable organization through your Will. It allows you to make provision for the people and causes that matter to you, while deciding how your estate should be distributed after your death.
You do not have to be wealthy to leave a meaningful legacy. A bequest can be a specific amount of money, a percentage of your estate, a particular asset, or another gift that reflects your circumstances and wishes.
What can you leave to Lagos Food Bank?
There are several ways to include LFBI in your Will. For example, you may choose to leave:
A specific amount of money. You may designate a fixed sum, such as ₦500,000, ₦5,000,000, or any other amount you consider appropriate.
A percentage of your estate. You may leave a stated percentage of your estate to LFBI, allowing the value of your gift to reflect the size of your estate at the time it is administered.
A specific asset. You may leave an identifiable asset, such as a property, vehicle, shares, or another valuable item, subject to applicable law and the organization’s ability to accept it.
The remainder of your estate. After providing for your loved ones and settling applicable obligations, you may direct that all or part of the remaining estate be given to LFBI.
A gift for a particular programme. You may express a wish for your gift to support an area of our work that is especially meaningful to you, such as school nutrition, agricultural recovery, or assistance to vulnerable families. We encourage you to discuss any proposed restriction with LFBI before finalizing your Will so that your wishes can be implemented effectively.
How to include LFBI in your Will
1. Decide what you would like to give. Consider the type and value of the gift you wish to leave, taking into account your family, dependants, and other obligations.
2. Speak with your legal adviser. Ask a qualified lawyer to advise you on preparing or updating your Will and on the legal requirements applicable to your estate.
3. Identify LFBI clearly. Ensure that your Will uses the organization’s correct legal name and sufficient identifying details. Our legal team can provide the appropriate information for your adviser.
4. State your wishes clearly. Your lawyer can help you describe the gift, identify any intended purpose, and make provision for circumstances in which a particular asset or programme may no longer be available.
5. Let us know, if you wish. You are welcome to inform LFBI that you have included us in your estate plan. This is entirely optional, and you do not need to disclose the value of your gift. Knowing your intentions may help us thank you and understand the legacy you hope to create.
A legacy that continues to serve
A gift in your Will can help LFBI plan for the future, strengthen its capacity, and continue supporting communities facing food insecurity. It is an opportunity to make a meaningful contribution to a cause you care about, even after your lifetime.
Your legacy can be more than what you leave behind. It can be the difference your generosity continues to make.
Speak with our legal team
If you are considering remembering Lagos Food Bank in your Will, we would be pleased to provide information about our organization and discuss how your intended gift may support our work.
Email: contactus@lagosfoodbank.org
Telephone: 0703 129 5645
For general enquiries about donating to Lagos Food Bank, please call 0201 291 8754.
This information is provided for general guidance only and does not constitute legal, tax, or financial advice. Please consult a qualified professional when preparing or updating your Will. Any charitable tax relief will depend on the applicable law and your individual circumstances.