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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

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