Planned Giving

Whether your estate is large, modest or somewhere in-between, you can help ensure that JFS not only meets the current needs of our community , but will also be here to assist our children and our children’s children in the future.

Planned giving strengthens the community that JFS serves and, in many instances, also provides you with tax advantages. By leaving a legacy at JFS, you will be remembered both by those who directly benefit from your generosity as well as those who will be inspired by your example.

The most common form of planned giving is a bequest in your will specifying a gift to JFS. A bequest affords you flexibility and control over the legacy you leave behind plus, for some donors, it means a portion of your assets will go directly to a cause you value rather than to the government in the form of taxes. If you already have a will, you may be able to make your gift by preparing, with the involvement of your estate planning attorney, a codicil (a brief written amendment) to your will. 

Another method of planned giving is a contribution of funds in a retirement plan such as an IRA or 401(k). This method typically offers the greatest income tax savings (and perhaps estate tax savings) when you direct that the gift be made from your estate.

Many donors overlook life insurance as a source for charitable giving, yet it can be utilized to increase the impact of your philanthropy. This is done by transferring ownership of a life insurance policy to JFS or simply changing the policy’s beneficiary designation to JFS for some or all of the policy’s proceeds. This type of gift is particularly popular with donors who have policies that are no longer needed to provide for their families. It is also an attractive way to give if you want to provide significant support for JFS but are unable to make a large outright donation.

For more information about Planned Giving, please contact Jewish Family Services at 704-364-6594 or Phil Warshauer, Executive Director of the Foundation for the Charlotte Jewish Community at pwarshauer@charlottejewishfoundation.org or 704-973-4544. 

If you have already made arrangements for a planned gift to JFS, please let us know – we would like to thank you!

 

 

Financial information about this organization and a copy of its license are available from the State Solicitation Licensing Branch (888-830-4989). The license is not an endorsement by the state.