Leave a meaningful legacy to Jewish Family and Children’s Services by making a distribution from your estate after you pass away. Whether you support a specific program, honor a loved one as a Named Endowment Fund, establish an endowed fund to exist in perpetuity, or give outright, you can support what is most important to you.
Your benefits include:
- Control of your assets during your lifetime
- Flexibility if your needs change
- Possibility to make a more sizeable gift than you could during your lifetime
- Potential reduction of taxes for your estate and heirs
Real Estate Gifts
By gifting real estate to JFCS you can claim a charitable tax deduction based on the full market value of the property. You also avoid capital gains taxes and eliminate certain costs associated with the transfer of real property. (Because special IRS regulations, such as substantiation of value through a “qualified appraisal” and depreciation recapture, apply, it is especially important to obtain professional advice if you are considering this option.)
Life Insurance Gifts
Transfer ownership or make JFCS the beneficiary of a policy by requesting and completing a form supplied by your life insurance company. By doing so you may avoid certain taxes to you and your heirs.
When you reach age 72 (or 70 1/2 if you reached 70 1/2 before December 31, 2019), you can direct all or part of the annual required minimum distribution (up to $100,000 per individual in a calendar year) from a traditional IRA to JFCS. By doing so, you pay no taxes on the distribution while helping our Bay Area neighbors most in need. Learn more >
How to make your gift:
- Choose which assets, including cash, stock or mutual funds, real estate, or other property, to give to JFCS
- Add language to your will or trust to establish your bequest. See JFCS Bequest Language and JFCS Letter of Intent >
As with other important financial decisions, please consult legal and financial professionals for advice on how to make choices to maximize the benefits of your estate.