With the start of the 115th Congress, there may be new tax legislation limiting charitable deductions. To receive the greatest benefits from charitable tax deductions, consider establishing a Donor Advised Fund before the end of the year. If you already have a Donor Advised Fund, now is a great time to add funds. Another great option to maximize your charitable deduction this year, is to establish a Charitable Gift Annuity.

A Donor Advised Fund is like a charitable giving account. You can gift appreciated securities to open the fund before year end, immediately take a charitable tax deduction for the full value of the security, and recommend where your charitable gifts will go any time it’s convenient for you. In addition, a Donor Advised Fund helps you simplify your giving and permits you to take advantage of our staff’s assistance with your philanthropy.

A Charitable Gift Annuity is a combination of an annuity and a charitable gift. This is a great fit if you have low-yielding assets and are seeking higher returns. In exchange for your charitable gift of cash or appreciated securities, the Jewish Federation will make lifetime payments to you. The benefits of this gift are as follows:

• Receive a lifetime of payments;

• Generate a current income tax deduction;

• Bypass all or a portion of the capital gains on appreciated assets;

• Make a future gift upon your passing to support the community.

Here is a sample of our competitive rates:

The best asset to fund your Donor Advised Fund or Charitable Gift Annuity is appreciated securities, held for over a year, which may also be limited under new tax laws. Gifts of appreciated securities have the following benefits:

• A charitable deduction for the full fair market value of the asset;

• Bypass of federal and state capital gains taxes;

• Avoidance of the tax on net investment income.

Appreciated securities can be used to make a gift to the JUF Annual Campaign or Centennial Campaign .

If you would like more information, or have any questions, please contact me at (312) 444-2916 or [email protected] . I look forward to speaking with you.

This is not legal advice. Please consult your tax and/or financial advisor before making a gift.