A planned gift to your Jewish community enables you to help those in need - forever.
 
Whether your gift is used to provide for the needs of the Jewish poor, to assist the elderly, to rescue Jews in need around the world or to fight anti-Semitism - no matter where or when in the future, you can be there. You don't have to be wealthy to help.

Planned giving offers many benefits.
If you give during your lifetime, you will receive a charitable income tax deduction. If your estate is subject to taxes, a gift made at death will provide a tax deduction. Perhaps most important is the enduring nature of planned giving -- you may use the fund to honor or remember a loved one, perpetuating your family name long beyond your lifetime.

You designate how your gift is to be used.
To provide unrestricted funds to help meet community needs now and in the future; or to provide permanent resources to aid identified programs, projects, agencies, organizations, or initiatives that are of particular interest to you and your family.

It's up to you.
Current circumstances and resources may dictate when you choose to initiate your gift, how much you give and why. You may need to consider your own financial needs or you may want to provide income for loved ones. You may want to make a lasting contribution, but may be unable to make a substantial gift right now or you may simply prefer to initiate giving through you will. No matter what your motivation for giving, how much you are able to give or when you would like your gift to begin -- there's an option for you.

There are a number of options available.
Any of them will allow you to create a legacy that provides for future generations, while making sure that you and your loved ones are able to reap significant benefits.



To talk about planned giving and endowments, please contact
Marty Haberer at 941.552.6303.

*Please note: The Federation does not provide legal advice. Donors are encouraged to seek independent tax and legal counsel.

 

Flexible Planned Lifetime Giving

A donor-advised philanthropic fund, a permanent fund of your Federation, is a personal expression of your tzedakah. Aligning your philanthropic interests with the Jewish community's needs and priorities through hands-on philanthropy, your personalized philanthropic fund will continue to benefit the community into the future.  While you make recommendations for annual distributions during your lifetime, upon death the gift becomes part of the Federation's Endowment Fund, perpetuating your name and your lifetime of commitment.


A donor-advised philanthropic fund allows your charitable dollars to grow tax-free, thereby increasing the resources available for grant making.

What are the benefits to you?
- Easy to start with low minimum irrevocable gift of cash, securities or other property
- Optimum tax advantages
- Flexible giving
- Administered by your community endowment professional
- Centralizes your philanthropy
- Simplifies your record keeping

 

 

Charitable Remainder Trust

A charitable remainder trust is a innovative way to create a lasting legacy in your name and receive income from the trust for life or for a specified number of years. Upon expiration of that term, the remainder of the trust goes toward the philanthropic purpose established by you at its creation.


Your charitable remainder trust can be designed as either an Annuity Trust, with a fixed annual payment to you, or as a Unitrust, in which case you are paid a percentage of the value of the assets.

What are the benefits to you?
- Annual income for you, a spouse or someone you designate
- You receive an immediate tax deduction at the time the trust is created
- You incur no immediate capital gains tax on the transfer of appreciated assets
- You save estate taxes when these assets are removed from your taxable estate
- You achieve your long-term charitable objectives through the creation of a permanent legacy

 

 

Charitable Gift Annuity

In exchange for your gift to the Jewish community, you can receive a guaranteed income for life. A Federation Charitable Gift Annuity offers significant tax benefits for you and your estate. As a charitable contribution, it can be a permanent legacy that allows you to be there for your Jewish community by providing education, human services and health care for those who need it.

 

 

Charitable Bequest

Protect the people you love. Create a lasting partnership with the Jewish community. Help ensure its future. Your will makes it possible.

By deciding to leave a bequest of a specific amount of cash, a percentage of your estate, or the remainder of your estate, you can create a permanent legacy. There’s no limit on the amount you may set aside from your estate – you may make a gift as large or as small as you’d like. You may choose to make a gift of cash, securities, or other property – and your estate will receive a tax deduction in the amount of your charitable bequest. If you have already drafted your will, your attorney can help you arrange a charitable bequest with a simple amendment, or codicil.

What are the benefits to you?
- May be made in any amount – no matter how small or large
- Provides a tax deduction for your estate
- Provides permanent resources for organizations important to you
- Established through your will

Here are some examples of how you might create a charitable bequest in your will:
- Help the Jewish community address its most pressing current needs by making a general bequest.
- Provide income for the Jewish community each year in perpetuity by making a general bequest to establish an endowment fund.
- Provide a gift to a specific agency or area of interest to you with a specific area or interest bequest.
- Support a specific agency or cause of interest to you every year, in perpetuity, with a designated bequest to establish an endowment fund.

 

 

Life Insurance Policy

Life insurance is a popular method of providing much-needed funds to a beneficiary at your death. It is also a low-cost way to provide a large benefit for someone in need. Life insurance proceeds are almost always income tax–free to the beneficiary. The beneficiary designation in your life insurance policy determines where the proceeds will be distributed. The death proceeds, therefore, are not typically transferred through your will.

Life insurance can be distributed to a charitable organization such as The Jewish Federation of Sarasota-Manatee, if we are named as a beneficiary of the policy at the time of your death.

 

 

Tzipi Livni

Lion of Judah Endowment (LOJE)

The Lion of Judah Endowment, or LOJE, is the endowment component of the Lion of Judah Major Gifts program. It is a powerful statement of your commitment to tzedakah, providing a legacy for family and community. The JFNA National Women's Division, inspired by 3,000 years of Jewish tradition and dedicated to the survival and strength of Israel and the Jewish people, has forged a new role for women in the Jewish community.


As women in general increase their share of authority over America's wealth, Jewish women in particular are setting the standards for creative philanthropic giving and commitment to future generations.
In the forefront are Lion of Judah donors who have established a Lion of Judah Endowment to perpetuate their annual campaign gift.

Every woman who contributes $5,000 or more to her community's annual campaign can establish a LOJE by establishing a fund of $100,000 or more in her name, ensuring perpetuation of her Lion of Judah level annual campaign gift.

A LOJE fund is not intended to substitute for any part of an annual gift. ­ It is your lasting legacy for the future. If you make this gift during your lifetime, you receive a charitable income tax deduction. There are a variety of ways to create endowments that do not have to be funded during your lifetime and still provide you with considerable tax benefits.

National LOJE Recognition
In addition to recognition within your community, your endowment of your annual campaign gift is recognized with the addition of the prestigious Or L'Atid flame or light unto the future, added to your Lion of Judah pin.

Your Lion of Judah pin is an internationally recognized symbol of your dedication to the Jewish people. A public affirmation of your Jewish values and philanthropic commitment and a powerful example to your children, your heirs and your community.

The Lion of Judah Endowment program (LOJE) is the National Women's Division Major Gifts component of the Perpetual Annual Campaign Endowment (PACE) program.

All LOJE funds are invested and prudently managed for maximum yield.

 

 

Perpetual Annual Campaign Endowment (PACE)

A Perpetual Annual Campaign Endowment is a permanent fund of your Federation established in your name. This restricted fund, created to endow your gift to the Federation Annual Campaign, allows your lifelong investment in your community to continue, providing help when and where it is needed ­ indefinitely.

A PACE fund is not intended to substitute for any part of an annual gift. It is your lasting legacy for the future.

If you make this gift during your lifetime, you receive a charitable income tax deduction. There are a variety of ways to create endowments that do not have to be funded during your lifetime and still provide you with considerable tax benefits.

National PACE Honor Society
In addition to local recognition, the National PACE Honor Society celebrates your endowment of your annual campaign gift with inclusion of your name, by permission, on a national honor roll ­-- a public affirmation of your Jewish values and philanthropic commitment and a powerful example to your children, your heirs and your community.

All PACE funds are invested and prudently managed for maximum yield.

 

 

Jewish nursing home director with resident

Restricted Fund


A restricted fund is any fund targeted for a specific purpose or cause. In an ever-changing world, restricted funds provide a stream of permanent income to safeguard the programs and organizations that matter most to you.


 


To discuss planned giving and endowments, please contact Marty Haberer at 941.552.6303.
To make a donation via our secure online form, click HERE.