Lifetime Gifts

Gifts made during a donor’s lifetime offer financial and tax benefits. In addition, they offer the benefit of seeing the impact of your generosity during your lifetime.

Cash gifts

You may determine the timing and amount whenever you desire. The gift can be made in a lump sum or by periodic payments. You receive an income tax deduction in the year of the gift.

Gifts of stocks and bonds

A gift of appreciated assets can easily be transferred to the Federation. You can avoid paying capital gains tax that would otherwise be due if you sold these assets.

Gifts of Real Estate

A gift of your home, land or commercial property is a wonderful way to achieve your charitable goals. By gifting appreciated real property to the Federation, you can avoid paying capital gains tax.

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Perpetual Gifts

You can create your legacy by planning today for charitable gifts that will be received after your lifetime. Your gift can be unrestricted or designated for a specific purpose, agency or field of interest.

Bequest

You can designate the Federation as the beneficiary of your will or trust. You can contribute a specific dollar amount or percentage of your estate or the remainder of your estate to create a permanent legacy. There is no limit on the amount and your estate will receive a tax deduction in the amount of your charitable bequest. An endowment fund in your name will be created with your bequest.

Life Insurance

This vehicle is an excellent way to make a gift. If your life insurance policy is no longer needed or will no longer benefit your survivors consider donating the policy.  You can also purchase a new life insurance naming the Federation as the owner and beneficiary of the policy and contribute the amount of the premiums to  the Federation and receive an annual income tax deduction.           

Retirement Assets

A gift of your retirement assets, such as a distribution from your IRA, 401k, 403b, pension or other tax deferred plan, is an excellent way to create your legacy. You can designate the Federation as a beneficiary of your retirement plan and receive estate tax savings when the gift is received by the Federation. 

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Life Income Gifts

These type of gifts offer a number of financial and charitable benefits.  You can benefit now and help secure the future of the Jewish community.

Charitable Gift Annuity

You can transfer cash or appreciated asset to the Federation in exchange for a lifetime income for you or your loved ones. The amount of the payment is based on your age and the federal midterm rate. It is easy to establish and you can determine the timing of the income. At your demise an endowment is created with the remainder of the annuity.

Charitable Unitrusts  and Annuity Trusts

You transfer your cash or appreciated property to fund a charitable trust. The trust sells your property tax free and provides you or your designated beneficiaries either an income for life or a term of years. The annuity trust provides a fixed income for life or term of years. A Charitable Remainder Annuity Trust provides a way to avoid fluctuations in interest rates and ensures that you or someone you designate received a fixed income. These trusts can be set up either during your lifetime or through your will.

Charitable Lead Trusts      

A Charitable Lead Trust is an excellent way to transfer property to family members with significantly reduced gift or estate taxes.You transfer your property (often an income-generating asset to fund a trust for a specific term. The trust pays a fixed annual amount to the Federation until the end of the term.  These annual gifts can be used to establish your endowment fund. Your family receives the remainder at substantial tax savings at the end of the trust.