We often receive questions about two types of investment vehicles that sound similar and operate very differently: charitable gift annuities (CGAs) and charitable remainder trusts (CRTs). In this article, Ken Dike, Esq., of Clifford Swan Investment Counselors, helps to break down the differences and answer common questions. By Ken Dike, Esq., CPA, CLPF, Executive Director of Planned Giving Services at Clifford Swan Investment Counselors What is a charitable gift annuity (CGA)? What are the benefits? A charitable gift annuity (CGA) is an arrangement whereby assets are given to a charity in return for the charity’s promise to make lifetime payments… Read More

In addition to Larry’s volunteer work with JFCS’ Palliative and End of Life Care program and his and his wife’s decision to include JFCS in their estate plans, the couple subsequently decided to donate stock to fund a two-lives Charitable Gift Annuity. As a result, Terry and Larry not only receive quarterly income payments and important tax deductions for their lifetimes, but have the satisfaction of knowing their future legacy to our community will be even more impactful.… Read More

May his memory be for a blessing. Rhoda Goldman Plaza resident, Jack Leibman, is a retired physician who has volunteered with the JFCS Holocaust Center and translated a yizkor book about his father’s Polish birthplace from Yiddish.  By investing in a JFCS Charitable Gift Annuity he has earned quarterly income payments since 2005, while also creating a lasting legacy for the community.… Read More

“When we give, it is crucial to know that our donation is well spent.  We are very impressed with the scope of the work that JFCS does and its impact on the community—now and for the future.  That is why we established a Charitable Gift Annuity with JFCS.” – Jeri and Fred Goldberg    … Read More

Bill z’l and Marilyn sat for this interview in 2012. May his memory be for a blessing. Marilyn and Bill Sugar have never forgotten the hardscrabble lives of their families, European Jews who escaped the anti-Semitism of the Old World and struggled to learn English and make ends meet in the United States.  From their parents’ and grandparents’ hardships emerged an important lesson for Marilyn and Bill: that coming together to help those in need makes for a stronger community. Following the path of their forebears—who supported their communities through Jewish benevolent societies in Seattle and Akron, Ohio, their respective… Read More

“Through my JFCS Charitable Gift Annuity I help to ensure that future generations can continue to receive crucial services.  Through the distributions from my IRA to the annual Friends Campaigns I am not only reducing the taxes I owe but have the satisfaction of knowing that I am helping to support individuals and families who turn to the agency for assistance now.”  – Carol Kornfeld… Read More