Chai Life Spring 2013 (PDF Document) - Jewish Federation of South ...
Chai Life Spring 2013 (PDF Document) - Jewish Federation of South ...
Chai Life Spring 2013 (PDF Document) - Jewish Federation of South ...
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A Timely Gift:<br />
Appreciated Stock<br />
With the stock market reaching higher levels, it may<br />
be time to consider donating appreciated securities,<br />
stocks, corporate bonds, State <strong>of</strong> Israel Bonds,<br />
and mutual funds. These vehicles will build our<br />
community and your legacy, while avoiding the tax<br />
on capital gains:<br />
• A Donor Advised Fund (DAF) with the Jacobson <strong>Jewish</strong><br />
Community Foundation (JJCF) establishes a “philanthropic<br />
bank” to receive your donated securities, which are then sold.<br />
The DAF funds are then invested, and you recommend their<br />
distribution to the charities you care about.<br />
• A JJCF Endowment Fund* provides annual funding for a<br />
specific program or for general use, in perpetuity.<br />
• A Lion <strong>of</strong> Judah Endowment (LOJE)* or Perpetual<br />
Annual Campaign Endowment (PACE)* fund protects<br />
your annual gift to the <strong>Jewish</strong> <strong>Federation</strong> <strong>of</strong> <strong>South</strong> Palm<br />
Beach County’s (JFSPBC) Annual Campaign for <strong>Jewish</strong><br />
Needs in perpetuity.<br />
• You may use the proceeds from donated securities to<br />
pay your annual pledge to the JFSPBC annual campaign<br />
for current or future years.<br />
WHAT<br />
PROMISE<br />
WILL YOU MAKE TO<br />
FUTURE GENERATIONS?<br />
The Jacobson <strong>Jewish</strong> Community Foundation is here<br />
to help fulfill your promise that there will always be a<br />
strong and thriving <strong>Jewish</strong> community and people.<br />
As a reminder, if you are <strong>of</strong> age 70 1/2 or older and are required<br />
to withdraw a Minimum Distribution from your IRA or<br />
Retirement account, you may do that directly to the JFSPBC<br />
and avoid the appropriate tax on income received.<br />
To find out more about tax-smart investments and arrange a<br />
confidential discussion, contact Steve Rose, Director <strong>of</strong> the JJCF<br />
at 561-852-3114. In all situations, please discuss the financial, tax<br />
and legal implications <strong>of</strong> establishing a charitable gift plan with<br />
your own personal pr<strong>of</strong>essional advisors.<br />
*Additionally, when you establish one <strong>of</strong> the above Endowment<br />
Funds through our JJCF, you may also be recognized in local<br />
and national honor societies.<br />
Learn about the easy ways you can keep your promise,<br />
l’dor v’dor, from generation to generation. Please<br />
consult with your trusted financial advisor or a member<br />
<strong>of</strong> our Foundation’s pr<strong>of</strong>essional team at 561.852.3342.<br />
37 CHAILIFE