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Making an Impact Today and for Generations to Come

  • Are you a woman who is passionate about her Pomegranate or Lion of Judah? You can create endowments to sustain your giving.

  • Are you someone who has been giving to the Annual Campaign for years? Do you want to ensure that your giving continues well beyond your lifetime?

  • Or, are you someone who has a favorite partner agency or Federation program? You can leave an endowment to ensure your passion projects continue.

Annual Campaign Endowment

Continue to have an Annual Campaign gift to support our local and global and Jewish Community in perpetuity by establishing and Annual Campaign Endowment. A named ACE can be set up for as little as $36,000.

Targeted Endowment

You can continue to support your Federation programs or partner agency by leaving a legacy specifically for it.

Pomegranate Endowment

Pomegranates are able to perpetuate their gift through endowing their $1,800 annual commitment with a donation of $36,000.

Forever Lion of Judah Endowment

Continue as part of the Palm Beach Lion Pride by endowing your Lion-level gift with an amount equal to 20 times your recognition level. To illustrate, a Lion giving at the $6,000 level would establish an endowment with $120,000.

Flexible Options to Establish Your
Legacy Giving

Cash

One of the easiest and most common ways for you to support Jewish Federation of Palm Beach County is with a gift of cash. We invest that money and watch it grow. We then take 5% of the earnings to perpetuate your giving. Please speak with your tax professional regarding charitable tax deductions.

Appreciated Securities

Securities and mutual funds that have increased in value and been held for more than one year are one of the most popular assets to use when making a legacy gift. When you transfer appreciated securities or mutual funds you have held more than one year to Jewish Federation in support of our mission, you can reduce or even eliminate federal capital gains taxes on the transfer. You may also be entitled to a federal income tax charitable deduction based on the fair market value of the securities at the time of the transfer.

Securities are most often used to support our work in the form of:

An outright gift. When you donate securities to Jewish Federation, you receive the same income tax savings that you would if you wrote us a check, but with the added benefit of eliminating capital gains taxes on the transfer, which can be as high as 20 percent. A transfer on death (TOD) account.* By placing a TOD designation on your brokerage or investment account, that account will be paid over to one or more persons or charities after your lifetime.

Why Consider This Gift?
  • Your gift will be put to use today, allowing you to see the difference your donation is making.
  • You can pay an existing pledge or pre-pay multiple years of giving.
  • You can establish an endowment fund such as a Forever Lion of Judah or Annual Campaign Endowment.
  • You can satisfy a capital pledge.
  • You pay no income taxes on the gift. The transfer generates neither taxable income nor a tax deduction, so you benefit even if you do not itemize your deductions.
  • Beginning in the year you turn 73, you can use your gift to satisfy all or part of your required minimum distribution.
  • Since the gift doesn’t count as income, it can reduce your annual income level. This may help lower your Medicare premiums and decrease the amount of Social Security that is subject to tax.

IRA Charitable Rollover

If you are 70½ years old or older, you can take advantage of a simple way to benefit Jewish Federation and receive tax benefits in return. You can give any amount up to $108,000 per year from your IRA directly to a qualified charity such as ours without having to pay income taxes on the money. This popular gift option is commonly called the IRA charitable rollover, but you may also see it referred to as a Qualified Charitable Distribution, or QCD for short.

Wills and Living Trust

You want to leave money to Jewish Federation in your will. You also want the flexibility to change your will in the event that life circumstances change. You can do both

Beneficiary Designations

Not everyone wants to commit to making a gift in their wills or estates. Some prefer the increased flexibility that a beneficiary designation provides by using:

  • IRAs and retirement plans
  • Life insurance policies
  • Commercial annuities

Life Insurance

Your policy can become a powerful and simple way to support our work. There are three ways to give life insurance to Jewish Federation of Palm Beach County:

  • Name the Jewish Federation of Palm Beach County a beneficiary of the policy. This gift is as simple as updating your beneficiary designation form with the policy holder. You can designate Federation as the primary beneficiary for a percentage or specific amount. You can also make us the contingent beneficiary so that we will receive the balance of your policy only if your primary beneficiary doesn’t survive you.
  • Make an outright gift of an existing policy. You can name us as owner and beneficiary of an existing policy. You may qualify for a federal income tax charitable deduction if you itemize on your taxes. If you continue to pay premiums on the policy, each payment is tax deductible as a charitable gift if you itemize.
  • Make an outright gift of a new policy. You can take out a new policy and irrevocably name us as the owner and the beneficiary of the insurance contract. This method may be particularly attractive for younger donors. Whether you make one single premium payment for the policy or pay annual premiums, each payment is tax deductible as a charitable gift if you itemize.
Insure Your Legacy with the Shared Premium Program

Never thought you could be a $1 million dollar donor?
Think again…

Meyer JCF offers a Shared Premium Program for policies of at least $250,000. The premiums are paid over a 10-year period. The donor pays the first 5 years, and the Jewish Federation of Palm Beach County pays the last 5 years. The donor is recognized for the full face value of the policy.

Benefits
  • Create a powerful, significant and guaranteed endowment in the community at a modest, tax-deductible out-of-pocket expense.
  • Leave a lasting impact on the Jewish community—ensuring your name, legacy and values live on.
  • Continue contributions forever, without disrupting current estate or retirement plans, or reducing bequests to loved ones.
  • Direct a percentage of your endowment to support specific causes and priorities in the Jewish community that you feel passionate about.
Benefits
  • You and your family are able to recommend support for causes and organizations of specific interest to you, now and in the future.
  • You can involve your family and others in the decision-making process, training them for future roles in the supporting foundation’s operation and continued philanthropic vision and mission.
  • You receive a charitable income tax deduction for all contributions to the supporting foundation.
  • The supporting foundation pays no income tax on investment income.
  • You receive the full professional expertise and operational support.
    The supporting foundation has access to professional investment managers engaged by Federation.

Supporting Foundations

Supporting Foundations provide unique vehicles for family involvement in philanthropy by creating separate, nonprofit corporations, each with its own identity and corporate structure.

How Does it Work?
  • With a gift of cash, securities or other property, worth a minimum of $1 million, you can create a Supporting Foundation of Jewish Federation of Palm Beach County.
  • Your foundation is a separate, nonprofit corporation with its own identity and corporate structure.
  • Your foundation receives “public charity” status because of its affiliation with Jewish Federation of Palm Beach County.
  • Your foundation is governed and operated by its own board of trustees, a majority of whom are appointed by Federation, with others appointed by the donor.

    Trustees meet at least once a year to decide on grant making and investment matters, as well as other issues of policy and operations.

  • The assets of the supporting foundation are invested according to the financial objectives established by the trustees, separately or on a commingled basis with the Federation’s assets.
  • Charitable distributions can be made, based on trustee approval, to appropriate 501(c)(3) public charities with purposes consistent with Federation’s broad purposes.

Memorial and Tribute Gifts

Do you have a loved one who is passionate about the Jewish community? You can establish a permanent endowment to honor or memorialize them. You can also do so for a birthday or anniversary or any other special occasion.

Real Estate and Complex Assets

We can partner with you to facilitate donations of complex assets such as vacation homes, commercial properties, crypto currency, privately held securities and more.

Cash

One of the easiest and most common ways for you to support Jewish Federation of Palm Beach County is with a gift of cash. We then take 5 percent of the earnings to perpetuate your giving.Please speak with your tax professional regarding charitable tax deductions.

Appreciated Securities

Securities and mutual funds that have increased in value and been held for more than one year are one of the most popular assets to use when making a legacy gift. When you transfer appreciated securities or mutual funds you have held more than one year to Jewish Federation in support of our mission, you can reduce or even eliminate federal capital gains taxes on the transfer. You may also be entitled to a federal income tax charitable deduction based on the fair market value of the securities at the time of the transfer.

Securities are most often used to support our work in the form of:

An outright gift. When you donate securities to Jewish Federation, you receive the same income tax savings that you would if you wrote us a check, but with the added benefit of eliminating capital gains taxes on the transfer, which can be as high as 20 percent. A transfer on death (TOD) account.* By placing a TOD designation on your brokerage or investment account, that account will be paid over to one or more persons or charities after your lifetime.

IRA Charitable Rollover

If you are 70½ years old or older, you can take advantage of a simple way to benefit Jewish Federation and receive tax benefits in return. You can give any amount up to $108,000 per year from your IRA directly to a qualified charity such as ours without having to pay income taxes on the money. This popular gift option is commonly called the IRA charitable rollover, but you may also see it referred to as a Qualified Charitable Distribution, or QCD for short.

Why Consider this Gift?
  • Your gift will be put to use today, allowing you to see the difference your donation is making.
  • You can pay an existing pledge or pre-pay multiple years of giving.
  • You can establish an endowment fund such as a Forever Lion of Judah or Annual Campaign Endowment.
  • You can satisfy a capital pledge.
  • You pay no income taxes on the gift. The transfer generates neither taxable income nor a tax deduction, so you benefit even if you do not itemize your deductions.
  • Beginning in the year you turn 73, you can use your gift to satisfy all or part of your required minimum distribution.
  • Since the gift doesn’t count as income, it can reduce your annual income level. This may help lower your Medicare premiums and decrease the amount of Social Security that is subject to tax.
Why Consider This Gift?
  • Your gift will be put to use today, allowing you to see the difference your donation is making.
  • You can pay an existing pledge or pre-pay multiple years of giving.
  • You can establish an endowment fund such as a Forever Lion of Judah or Annual Campaign Endowment.
  • You can satisfy a capital pledge.
  • You pay no income taxes on the gift. The transfer generates neither taxable income nor a tax deduction, so you benefit even if you do not itemize your deductions.
  • Beginning in the year you turn 73, you can use your gift to satisfy all or part of your required minimum distribution.
  • Since the gift doesn’t count as income, it can reduce your annual income level. This may help lower your Medicare premiums and decrease the amount of Social Security that is subject to tax.

Wills and Living Trusts

You want to leave money to Jewish Federation in your will. You also want the flexibility to change your will in the event that life circumstances change. You can do both

Beneficiary Designations

Not everyone wants to commit to making a gift in their wills or estates. Some prefer the increased flexibility that a beneficiary designation provides by using:

  • IRAs and retirement plans
  • Life insurance policies
  • Commercial annuities
How to Get Started

It only takes four simple steps to make this type of gift. Here’s how to name Jewish Federation of Palm Beach County as a beneficiary:

  • Contact your retirement plan administrator, insurance company, bank or financial institution for a change-of-beneficiary form.
  • Decide what percentage (1 to 100) you would like us to receive and name Jewish Federation of Palm Beach County, along with the percentage you chose, on the beneficiary form.
  • Return the completed form to your plan administrator, insurance company, bank or financial institution.
  • Discuss your intent by making this gift with a member of the William A. Meyer Jewish Community Foundation.

Life Insurance

Your policy can become a powerful and simple way to support our work. There are three ways to give life insurance to Jewish Federation of Palm Beach County:

  • Name the Jewish Federation of Palm Beach County as a beneficiary of the policy. This gift is as simple as updating your beneficiary designation form with the policy holder. You can designate Federation as the primary beneficiary for a percentage or specific amount. You can also make us the contingent beneficiary so that we will receive the balance of your policy only if your primary beneficiary doesn’t survive you.
  • Make an outright gift of an existing policy. You can name us as owner and beneficiary of an existing policy. You may qualify for a federal income tax charitable deduction if you itemize on your taxes. If you continue to pay premiums on the policy, each payment is tax deductible as a charitable gift if you itemize.
  • Make an outright gift of a new policy. You can take out a new policy and irrevocably name us as the owner and the beneficiary of the insurance contract. This method may be particularly attractive for younger donors. Whether you make one single premium payment for the policy or pay annual premiums, each payment is tax deductible as a charitable gift if you itemize.
Insure Your Legacy with the Shared Premium Program

Never thought you could be a $1 million dollar donor?
Think again…

Meyer JCF offers a Shared Premium Program for policies of at least $250,000. The premiums are paid over a 10-year period. The donor pays the first 5 years, and the Jewish Federation of Palm Beach County pays the last 5 years. The donor is recognized for the full face value of the policy.

Benefits
  • Create a powerful, significant and guaranteed endowment in the community at a modest, tax-deductible out-of-pocket expense.
  • Leave a lasting impact on the Jewish community—ensuring your name, legacy and values live on.
  • Continue contributions forever, without disrupting current estate or retirement plans, or reducing bequests to loved ones.
  • Direct a percentage of your endowment to support specific causes and priorities in the Jewish community that you feel passionate about.

Supporting Foundations

Supporting Foundations provide unique vehicles for family involvement in philanthropy by creating separate, nonprofit corporations, each with its own identity and corporate structure.

How Does it Work?
  • With a gift of cash, securities or other property, worth a minimum of $1 million, you can create a Supporting Foundation of Jewish Federation of Palm Beach County.
  • Your foundation is a separate, nonprofit corporation with its own identity and corporate structure.
  • Your foundation receives “public charity” status because of its affiliation with Jewish Federation of Palm Beach County.
  • Your foundation is governed and operated by its own board of trustees, a majority of whom are appointed by Federation, with others appointed by the donor.
  • Trustees meet at least once a year to decide on grant making and investment matters, as well as other issues of policy and operations.
  • The assets of the supporting foundation are invested according to the financial objectives established by the trustees, separately or on a commingled basis with the Federation’s assets.
  • Charitable distributions can be made, based on trustee approval, to appropriate 501(c)(3) public charities with purposes consistent with Federation’s broad purposes.
  •  
Benefits
  • You and your family are able to recommend support for causes and organizations of specific interest to you, now and in the future.
  • You can involve your family and others in the decision-making process, training them for future roles in the supporting foundation’s operation and continued philanthropic vision and mission.
  • You receive a charitable income tax deduction for all contributions to the supporting foundation.
  • The supporting foundation pays no income tax on investment income.
  • You receive the full professional expertise and operational support.
    The supporting foundation has access to professional investment managers engaged by Federation.

Memorial and Tribute Gifts

Do you have a loved one who is passionate about the Jewish community? You can establish a permanent endowment to honor or memorialize them. You can also do so for a birthday or anniversary or any other special occasion.

Real Estate and Complex Assets

We can partner with you to facilitate donations of complex assets such as vacation homes, commercial properties, crypto currency, privately held securities and more.

Donor-Advised Funds (DAF)

We manage the administrative function of the granting, and you get the knowledge that you are making a difference.

Generational Philanthropy Services (GPS)

We are proud to partner with you and your family in the GPS program, which is designed to offer participants — DAF holders, Supporting Foundations and Priority Fund donors — an experience akin to having their own private foundations, but without the associated burdens.

This service, available to all Supporting Foundations, Priority Fund donors and DAFs with average balances of $250,000 or more, will be offered without any increase in management fees — our way of expressing gratitude for the trust these families place in us.

Participating donors can tailor the program to fit their unique needs and family dynamics. Options range from an annual meeting to discuss funding opportunities to more frequent, in-depth meetings focused on family values, legacy planning and funding strategy. Consider GPS your roadmap to your family’s philanthropic journey.

For more information about GPS, you may contact us at meyerjcf@jewishpalmbeach.org or 561.242.6639.

 

Recurring Giving

Recurring giving is an easy and meaningful way to make a lasting impact.

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