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Giving For His Lifetime... and Beyond

Giving For His Lifetime... and Beyond

Peter Maland was proof of the American 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, Pete began volunteering for the Food Bank and for many years served on the Board of Directors.

Pete often said, "Helping St. Mary's Food Bank 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 Pete wanted to do something more, so he established a planned gift to benefit St. Mary's Food Bank after his death.

Pete died in 2015. But being prepared, Pete had established an insurance policy that would disburse part of the proceeds to his five children and part to an irrevocable charitable trust. For 20 years thereafter, his daughter serves as trustee and distributes income from the trust to his favorite charitable organizations, including St. Mary's Food Bank. After 20 years, the total amount of the trust will be divided among the charities.

Pete's reasons for giving were simple. He did it because he had been so fortunate, and because he couldn't stop helping others. Pete told us the assets were not his - only his to use - and he couldn't take them with him. It was beyond his wildest dreams that he could make such a gift after growing up in poverty.

Pete's words to others about giving, "If they try it they will love it. The good feeling inside...doing something to help..." He just couldn't stop talking about it!



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Planned Giving

With planned giving, you can provide long-lasting support for St. Mary's Food Bank Alliance while enjoying financial benefits for yourself.