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WAYS
TO GIVE TO CBI'S ENDOWMENT
There are many different ways to support CBl's Endowment Fund. By consulting
with your financial advisors and the experts associated with the Jewish Community
Foundation and/or CBl's Endowment – Planned Giving Committee, a plan can be designed
that will provide the maximum advantages for you, while creating significant
benefits for CBI. All discussions will be strictly confidential.
Outright Gifts
Your donation of cash or securities is placed in the Congregation's Endowment
Fund now, where it begins to grow and compound immediately while providing you
with a charitable deduction.
Bequests
Your gift of cash, securities, real estate or other property, earmarked in your
will or trust for CBl's Endowment Fund, provides your estate with a charitable
deduction for the value of the bequest and makes a significant positive difference
for our future. In addition, you may make an endowment contribution through your
philanthropic fund or family foundation.
Income Plans
Through the use of a charitable remainder trust , charitable gift annuity or
pooled income fund, you may make a gift to CBI and receive life income for yourself
and your spouse or beneficiary. These gifts achieve tax deductions for you,
and upon your death , the principal is paid to CBI's Endowment Fund. Both the
charitable gift annuity and pooled income fund are available through the Jewish
Community Foundation.
Life Insurance
If a donor irrevocably assigns a life insurance policy to CBI (as sole beneficiary
and owner of the policy), this will result in an income tax deduction in an amount
roughly equal to the cash value at the time of the gift.
Appreciated Securities
For many donors, a gift of marketable securities is the most advantageous way
of giving. When a donor gives appreciated securities which have been held longer
than six months, the donor is entitled to an income tax deduction for the fair
market value of the securities and generally, the donor will not be taxed on
the capital gain.
Real Estate
Offers of gifts of real estate will be considered on a case by case basis.
Additional Note
Since descriptions of these various methods of giving are necessarily brief,
individuals who are considering a planned gift are encouraged to discuss their
personal situations with their legal and financial advisors. The Endowment – Planned
Giving Committee and Jewish Community Foundation are available for further information
and assistance to you and your advisors.
If you have any questions about the Endowment Fund or about ways to give, please
contact Stuart Simmons at 858-535-1111
ext. 3113.
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