Wills & Bequests
Bequests offer varied ways of giving to the Foundation. The taxable estate is reduced by the total amount of the charitable bequest.
A Testamentary Trust may also be established through a will. This provides a portion of an estate to be held in trust, with a fixed sum or a fixed percentage payable for life to one or more designated beneficiaries and the remainder to the Foundation. The estate receives an estate tax deduction for the value of the remainder interest passing to the Foundation on the demise of the income beneficiaries.
Foundation planned giving options provide an opportunity for everyone to be a part of the root system that will produce plants for future generations to cultivate. Although many donors make endowment gifts using some planned giving techniques, all donors make these gifts so that our Jewish heritage will survive and that the next generation will learn from our example of philanthropy.