Planned giving through Beth Israel makes you a permanent partner with our historic synagogue. Securing a future for our community can also result in financial security for you and your family that may include:
- Income payments for life
- Income and estate tax deductions
- Avoidance of capital gains taxes
A direct contribution of cash, stock or property is the easiest way to make a planned gift to Beth Israel through its Endowment Fund. For many donors, a gift of marketable securities is the most advantageous way of giving. When a donor gives appreciated securities which have been held longer than six months, the donor is entitled to an income tax deduction for the fair market value of the securities and generally, the donor will not be taxed on the capital gain. Offers of gifts of real estate will be considered on a case-by-case basis. Beth Israel can also offer suggestions regarding donations of goods or services.
An outright gift or pledge endows a named fund at Beth Israel, giving you the opportunity to honor your family or someone you love in a significant, lasting way.
Naming Beth Israel in your will or adding a codicil to your will is the most popular way to make a planned gift. Please let us know if you have done this. We certainly want to thank you!
Through the use of a charitable remainder trust, charitable gift annuity or pooled income fund, you may make a gift to Beth Israel and receive life income for yourself and your spouse or beneficiary. These gifts achieve tax deductions for you and upon your death, the principal is paid to Beth Israel’s Endowment Fund.
If a donor irrevocably assigns a life insurance policy to Beth Israel (as sole beneficiary and owner of the policy), this will result in an income tax deduction in an amount roughly equal to the cash value at the time of the gift.
Getting the Best Advice on Giving
Individuals who are considering a planned gift are encouraged to discuss their personal situations with their legal and financial advisors. The Endowment – Planned Giving Committee and Jewish Community Foundation are also available to assist you and your advisors. For more information please contact Executive Director Lesley Mills, firstname.lastname@example.org, 858 900-2510.