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Endowment and LIFE & LEGACY
Legacy Community Celebration
On October 3, community members enjoyed an evening of jazz and celebration of the LIFE & LEGACY and JFGI Endowment programs. A special thank you to chairs Stacy Segal and Aaron Girson and the celebration committee for their leadership and support!
2018 Legacy Celebration Committee (L to R) Monica Rosenfeld, Stacy Segal, Aaron Girson, Katy Cantor, Susan Mitchell, Pam Eicher, Liz Cannon, Barb Leventhal, Claudette Einhorn, Debbie Sapper, Paula Goldberg, and Nicki Felix
Claudette Einhorn, Vincentia Sandy, and Willaine St. Pierre Sandy
Helaine and Av Herman
Harold and Carolyn Hiser, Cantor Aviva Marer, Cindy and Neal Ginsberg, and Dan Silien
Rob Dixon and Triology
David Vonnegut-Gabovitch, Barb Leventhal, and Matt Rubin (SoChatti)
Ruth Feinberg and Stanley Talesnick
Art Felsher, Gigi Marks Felsher, Lori and Gary Moss
David Glass, Randi Nahmias, and Elizabeth Binford
Tikkun Olam: The commitment to repair the world, one good deed at a time
Donor Advised Funds
A Donor Advised Fund (DAF) is a charitable account that makes it easy for you to plan and manage your personal philanthropy. By establishing a DAF with JFGI, you help to ensure that your charitable dollars have maximum impact, take advantage of the highest tax deductions available, give the fund’s assets the potential for growth, and simplify your charitable giving.
“Our Donor Advised Fund makes contributing to various deserving entities quick and easy, and I appreciate that each new organization is vetted before being approved. Staff is so accommodating and easy to work with.” -Irwin Levin
Irwin and Iliana Levin
Three Simple Steps:
1. Make a gift to the Jewish Federation of $2,500 or more to establish your Donor Advised Fund and qualify for an immediate tax deduction
• Establish your Donor Advised Fund with cash, stock, or other appreciated assets
• Add to your fund anytime and earn additional tax deductions
• Launch your fund in your own name or in honor of your loved ones
2. Advise how to invest your contributions among the Jewish Federation’s investment options to give your assets the potential for growth.
3. Support your favorite charities from your Donor Advised Fund
• Recommend a specific purpose for the gift
• Make gifts on a recurring basis
• Designate gifts as being anonymously donated
IRA Charitable Rollovers
While IRA rollovers cannot be directed to a Donor Advised Fund, many Jewish community members use the IRA rollover to pay Annual Campaign gifts, create an endowment, or support other programs in the community. If you are over the age of 70½ and own an IRA, up to $100,000 of qualified charitable donations can be transferred to JFGI (and other charities) without the amount being included as taxable income.
“My IRA rollover donation avoids all state and local tax. While it is not tax-deductible on the federal level, it cuts my taxable income by the same amount as the donation. I use this method for larger donations, with assistance from my broker." -Don Fisher
Don't delay! Rollovers must be completed by December 31. If you are eligible, an IRA direct distribution is a wonderful opportunity for you to use your IRA to accomplish your philanthropic goals.
Questions? Contact Katy Cantor at kcantor@jfgi.org or 317-715-9266
