MAKE A GIFT AND RECEIVE INCOME FOR LIFE

HELP OTHERS WHILE YOU HELP YOURSELF

As of July 1, 2010, JCF increased its payout rates on Charitable Gift Annuities (CGAs), making this an excellent time to consider creating a new CGA. For more information, contact Joshua Rednik, JCF Executive Director, at (973) 929-3060 or .

JCF MetroWest offers a range of vehicles that can provide you with an income for life. And these vehicles enable you to create a lasting gift that will support your Jewish community long into the future.

Commonly referred to as “life income plans,” these types of gifts are easy to establish. There are a number of ways to structure them, but they all share several basic components. You contribute cash, appreciated securities, or other property to JCF. JCF sells the property and invests the proceeds. Payments to you or someone you name can be made for life or for a term of years. Two of the most common life income plans are Charitable Gift Annuities (CGAs) and Charitable Remainder Trusts (CRTs). Click here for more information.

When payments cease, the remaining assets will be used to create a fund at JCF that will used for our general charitable purposes or for a specific purpose you designate at the time you establish your life income plan.

JCF is able to accept a wide array of property to create a life income plan, including cash, publicly traded securities (stocks, bonds, and mutual funds), privately traded securities, partnership shares, real property, and retirement assets (such as 401k plans, IRAs, and pension plans). Frequently, there are significant tax advantages to creating a life income plan, including the deferral and minimization of capital gains taxes and the generation of significant income, gift, and estate tax deductions.

Selecting and creating the right life income plan for you will depend on a number of factors. Members of our gift planning staff are available to consult with you and your professional advisors in structuring your gift.