Gift Planning Strategies—We Can Find a Plan That is Right For You
The Jewish Center is the center of your Jewish life. Your involvement may have been enhanced by exposure to one or more of these experiences: Shabbat and Holiday services, Torah aliyot, Early Childhood or Religious School programs, Bar/Bat Mitzvah, wedding, baby naming, bereavement support, Youth and Family programs, single and senior activities, Adult Education, or entertainment. No matter how The Jewish Center serves your needs, please consider a gift to support The Jewish Center’s future. We know that when you make such a contribution, it will be because you believe in The Jewish Center and because you want to help make a difference in the lives of the members of our Jewish community.
Your Giving Options
You may be pleasantly surprised to learn that some of the best gift plans may also improve your financial and tax situation.
The most common donations are outright gifts, such as cash, a check or appreciated securities that we receive right away. But many times, people want to hold on to their money and other assets for now, just to be sure they can meet their family’s future financial needs. You will be pleased to learn that we have excellent alternatives that still allow you to make a planned gift. It can be revocable—a charitable bequest in your will, for example—so that you can change your mind at any time. Or it can be irrevocable (just as outright gifts are) so that you can benefit from an immediate tax deduction. The attraction of an irrevocable planned gift is that it is deferred. You part with an asset today, but the actual receipt of the asset by The Jewish Center is put off for a while—often until after your lifetime (and that of a surviving beneficiary, if you wish). Meanwhile, you may receive benefits from the gift. For example, with a charitable remainder trust, you receive lifetime income from the asset after it is placed in a trust, and then we receive the remainder after your death. Or you could deed us a remainder interest in your home and still retain the right to live in it for life.
The key feature of planned gifts like these is that they allow the donor, as well as The Jewish Center, to benefit.
We’ve designed a chart to summarize the benefits of some of the main types of charitable gifts. Just think of what you want to accomplish with your gift, and there’s a way to do it! We’re here to give a confidential answer to any question you may have about planned giving. We can review your particular situation in confidence and, with your attorney and/or financial advisors, help you find ways to support The Jewish Center’s future, while at the same time preserving your family’s financial security. Please contact the Executive Director for the chart, or for more information. If you’ve decided to make an after-life gift, we encourage you to complete this Promise Form, which is part of The Jewish Center’s participation the community-wide Life and Legacy program in partnership with the Jewish Commity Foundation of Greater Mercer and the Harold Grinspoon Foundation.