Temple endowment brochure

for

NOW and

Forever

ENDOWMENTS AND

PLANNED GIVING

I did not find the world desolate when I entered it.

And as my parents planted for me before I was born, so do I plant for those who will come after me.

— Talmud

Why Temple Shalom?

If the values and traditions of your Jewish heritage make your life more meaningful— if the principles of inclusion, equality and continuity speak to your heart and your mind— if you believe Jews need a Jewish community, and the community needs a Jewish home— then a legacy gift to Temple Shalom is a tribute to who you are and what you stand for.

WHAT DO WE BELIEVE? At Temple Shalom, we embrace the central tenets of Judaism—God, Torah and Israel—even as we celebrate the diversity of Jewish beliefs and practices. We believe we are called to make our world whole and holy through Tikkun Olam. We welcome all—young and old; families, singles and couples; Jews by birth and Jews by choice; interfaith families and members of the LGBT community.

We are committed to the absolute equality of women in all areas of Jewish life. And of the highest priority are our children— nurturing and educating the next generation to give them the greatest gift of all, a strong and positive Jewish identity.

SECURING OUR FUTURE In giving to sustain our present and secure our future, you honor those who came before us, enrich the community with whom you share the joys and challenges of your life today, and ensure a Jewish future for those who will follow—and like us, seek a diverse and egalitarian place of prayer, study and community in Naples, Florida.

Your Jewish Legacy Jewish tradition teaches that each of us is responsible for making the world a better place for future generations. You have done much during your lifetime to make our Temple, our congregation and our greater Jewish community what it is today. By leaving a legacy, you ensure that the traditions and values that mean so much to you will continue when you are no longer here. Your gift will help Temple Shalom continue to be the leading center of Reform Jewish life in the Naples area—our little corner of Creation.

The goal of our Endowment and Planned Giving Program is to provide long-range stability for our Temple while generating income to assist in meeting current needs and opportunities, including new programs and positions. Like most synagogues, dues cover only about 70% of our expenses, and over the years, a series of short-term stopgap fundraising measures have been employed to make up the difference. Endowment funds offer an enduring source of revenue generation that will grow and enable us to thoughtfully and strategically manage our current and future needs. This very necessary effort is long overdue and much needed. The leadership and commitment to establish and maintain a permanent program are now firmly in place.

OUR PROGRAM INCLUDES: Named giving for significant completed gifts Recognition for current and past major giving including Shalom 2000 and prior and cumulative gifts Continuing and consistent communication with our Temple family about endowment and planned giving programs

How To Give Endowment

Planne d G if t s

The Temple Shalom General Endowment Fund is administered and managed by the Community Foundation of Collier County, which offers a high level of professional service and support. The Community Foundation has a strong reputation for fiscal stewardship, and offers high quality, cost-efficient services.

Also important to Temple Shalom and our donors is the Foundation’s acceptance of unusual assets (e.g., privately held stock and personal valuables), planned giving services, and astute advice and counsel.

There are many different ways to give which offer substantial tax benefits to many donors. We welcome the opportunity to assist you and your advisors in planning a contribution that suits your needs, and we deeply appreciate you considering a gift to sustain and secure Temple Shalom.

Your gift of any size to the Temple Shalom General Endowment Fund will make a substantial and lasting difference.

A legacy gift is a reflection of your love of family, community and sacred Jewish values, and a meaningful way to ensure that our kehilla kedoshah —our sacred community, our One Family—will continue to thrive for generations to come.

G IVING NOW

ENDOWMENT

With a completed endowment gift of $10,000 or more, you will become a member of our Eternal Light Society. In addition, a completed endowment gift of $10,000 or more enables you, should you choose, to create a named endowment fund in honor or memory of family, friends or colleagues.

Our Endowment Funds will provide critical annual support while helping to ensure the long-term health of Temple Shalom. All gifts are invested carefully, with the investment income from endowment gifts potentially available, allowing the principal to grow over time.

CASH AND MARKETABLE SECURITIES

RETIREMENT PLAN ASSETS

CLOSELY HELD AND RESTRICTED STOCK

GIFTS OF LIFE INSURANCE

Marketable securities include stocks, bonds and shares of mutual funds

Contributing closely held or restricted stock to maximize giving options and minimize tax liability cost-effectively.

TANGIBLE PERSONAL PROPERTY

Give tangible personal property such as rare books, furniture and artwork.

REAL ESTATE A donation of a home, farm, commercial building, subdivision lot or unimproved land. This can lead to an immediate income tax deduction for the charitable value of the gift and capital gains tax savings.

Name the Temple Shalom General Endowment Fund as a primary or contingent beneficiary of a qualified retirement plan (i.e. IRA, SEP, 401(k), 403(b), etc.). You may be able to make a larger gift than you anticipate.

Name the Temple Shalom General Endowment Fund as a primary or contingent beneficiary of a life insurance policy. If we are named both sole owner and beneficiary of a paid-up policy, you may be eligible for a charitable income tax deduction. Your additional premiums may also be tax deductible.

Note: The information in this publication is not intended as legal or tax advice. For legal advice, please consult an attorney. Consult your professional advisor when making a decision regarding tax deductions and contributions.

G IVING L ATER Planned gifts designating the Temple Shalom General Endowment Fund as your beneficiary can help you match your personal financial goals with your desire to ensure the future of Temple Shalom. Like many people, you may want to hold on to your money and other assets for now, just to be sure you can meet your family’s future financial needs.

Consider a planned gift. Creatively structured to provide tax advantages and benefit you and your family for as long as you wish, planned gifts allow you to provide support at a higher level than you may think possible.

PLANNED GIFTS

BEQUESTS

The most traditional form of a deferred gift is a bequest. Consider including the Temple Shalom General Endowment Fund in your will or revocable (living) trust.

HONORARY AND MEMORIAL GIFT

Many people may want to give to the Temple Shalom General Endowment Fund in honor or memory of family, friends or colleagues.

CHARITABLE GIFT ANNUITY This is a way for you to receive guaranteed income for life and an immediate income tax deduction, while at the same time, leaving a charitable legacy.

CHARITABLE TRUSTS Charitable Remainder Trust By gifting assets to establish a charitable remainder trust, you receive an immediate tax deduction and lifetime income for you or your named beneficiary or beneficiaries. You also reduce or avoid capital gains taxes associated with the gifted asset.

Eventually, when the trust’s term is complete, the remaining assets pass on to Temple Shalom.

Charitable Lead Trust Gifting assets to establish a charitable lead trust may provide gift or estate tax savings while fulfilling the donor’s charitable wishes. A charitable lead trust provides income payments to Temple Shalom for a specified period of time, after which the trust is transferred to your designated beneficiaries.

There’s something very special about your Temple,

your shul.

It’s where children are taught, friendships begin, memories are made—life is lived. Think about it: Religious School, Hebrew School, becoming a Bar or Bat Mitzvah, youth group. Perhaps your wedding, your conversion, your havurah. Watching your children grow up and come to value the traditions you hold dear—watching your children teach their children. Sharing times of joy, times of sadness, and so many ordinary but precious moments of day-to-day life with family and friends.

All of this happens at your Temple.

Please consider leaving a legacy so that Temple Shalom may continue to be that place for Jews, l’dor v’dor, for many years to come.

if not

NOW

When?

Hillel

4630 Pine Ridge Road, Naples For further information:

endowmentchair@naplestemple.org 239-455-3030