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Giving For His Lifetime... and Beyond

Giving For His Lifetime... and Beyond
Peter Maland is living proof of the America Dream. His parents immigrated to the United States from Italy. As a young man, he came to Arizona for health reasons and got a job selling insurance with Prudential. He and his first wife of 56 years adopted and raised five children.

Following his retirement more than 25 years ago, Pete began volunteering for the Food Bank and for many years served on the Board of Directors.

Pete says, "Helping St. Mary's Food Bank Alliance is all I want to do for the rest of my life. I get more out of it than the people St. Mary's Food Bank serves." But he wanted to do something more, so he established a planned gift to benefit St. Mary's Food Bank after he is gone.

Pete established an insurance policy that will disburse part of the proceeds to his five children and part to an irrevocable charitable trust. For 20 years, his daughter will serve as trustee and distribute income from the trust to his favorite charitable organizations, including St. Mary's Food Bank Alliance. After 20 years, the total amount of the trust will then be divided among the charities.

Pete says his reasons for giving are simple, "I did it because I have been so fortunate, and I can't stop helping others. The assets are not mine - only mine to use, and I can't take them with me. It is beyond my wildest dreams that I could make this gift after growing up in poverty.

"I would say to others, if they try it they will love it. The good feeling inside...doing something to help...I just can't stop talking about it!"


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