You can continue your legacy
by helping us to continue ours.
Thank you so much for taking the time to learn a little bit more about the many benefits of planned giving. We hope that some of the basic information provided on this page will give you a starting point for conversations and planning the best way for you to ensure a legacy gift to the ISJL that will keep our support of Southern Jewish communities flourishing for decades to come.
To discuss a legacy gift, email Risa Herzog.
What is planned giving?
A planned gift is a charitable gift that you decide now to make at some time in the future as part of your estate and gift plan. A planned gift can benefit you and loved ones that you name. At the same time, it stands as a lasting reminder to your children and succeeding generations of the values and charitable works that are most important to you.
What are some specific examples of planned gifts?
Bequest
You designate the ISJL as the beneficiary of your asset by will, trust or other instrument.
IRA Rollover
Congress recently enacted a permanent extension of the IRA Charitable Rollover. Ask your financial advisor about this option and how it may work with your IRA.
Charitable Gift Annuity
You transfer your cash or appreciated property to the ISJL in exchange for our promise to pay you fixed income (with rates based on your age) for the rest of your life.
Charitable Unitrust
You transfer your cash or appreciated property to fund a charitable trust. The trust sells your property tax free and provides you with income for life or a term of years.
Charitable Annuity Trust
You transfer your cash or appreciated property to fund a charitable trust. The trust sells your property tax free and provides you with fixed income for life or a term of years.
Charitable Lead Trust
You transfer your cash or property to fund a lead trust that makes gifts to the ISJL for a number of years. You receive a charitable deduction for the gift. Your family receives the remainder at substantial tax savings.
IRA Charitable Rollover (for age 70+)
If you are 70 ½ or older, this is a great option: These gifts count toward your required minimum distribution (RMD), you don’t pay tax on the distribution (hence you benefit whether you itemize your deductions or take the standard deduction), and the gift can be applied to existing pledges. The donation must come from your IRA directly to the ISJL and must be made outright (it cannot be used for a charitable gift annuity, donor advised fund, or private foundation).
Information compiled from resources including PlannedGiving.com, the Jewish Federation of North America, and IRS.gov.
Any tax consequences described on this page are based on U.S. federal tax law. The Goldring/Woldenberg Institute of Southern Jewish Life does not provide legal advice. Donors are encouraged to seek independent tax and legal counsel.
Always consult with your tax advisor before making any decisions regarding charitable donations or planned gifts.
To discuss a legacy gift, email Risa Herzog.
What is planned giving?
A planned gift is a charitable gift that you decide now to make at some time in the future as part of your estate and gift plan. A planned gift can benefit you and loved ones that you name. At the same time, it stands as a lasting reminder to your children and succeeding generations of the values and charitable works that are most important to you.
What are some specific examples of planned gifts?
Bequest
You designate the ISJL as the beneficiary of your asset by will, trust or other instrument.
IRA Rollover
Congress recently enacted a permanent extension of the IRA Charitable Rollover. Ask your financial advisor about this option and how it may work with your IRA.
Charitable Gift Annuity
You transfer your cash or appreciated property to the ISJL in exchange for our promise to pay you fixed income (with rates based on your age) for the rest of your life.
Charitable Unitrust
You transfer your cash or appreciated property to fund a charitable trust. The trust sells your property tax free and provides you with income for life or a term of years.
Charitable Annuity Trust
You transfer your cash or appreciated property to fund a charitable trust. The trust sells your property tax free and provides you with fixed income for life or a term of years.
Charitable Lead Trust
You transfer your cash or property to fund a lead trust that makes gifts to the ISJL for a number of years. You receive a charitable deduction for the gift. Your family receives the remainder at substantial tax savings.
IRA Charitable Rollover (for age 70+)
If you are 70 ½ or older, this is a great option: These gifts count toward your required minimum distribution (RMD), you don’t pay tax on the distribution (hence you benefit whether you itemize your deductions or take the standard deduction), and the gift can be applied to existing pledges. The donation must come from your IRA directly to the ISJL and must be made outright (it cannot be used for a charitable gift annuity, donor advised fund, or private foundation).
Information compiled from resources including PlannedGiving.com, the Jewish Federation of North America, and IRS.gov.
Any tax consequences described on this page are based on U.S. federal tax law. The Goldring/Woldenberg Institute of Southern Jewish Life does not provide legal advice. Donors are encouraged to seek independent tax and legal counsel.
Always consult with your tax advisor before making any decisions regarding charitable donations or planned gifts.