How a planned gift is different from an Annual Fund gift

Gifts to our annual fund or for membership dues are made from your discretionary income. They may be budgeted for, but they are not planned by philanthropic definition

Three types of planned gifts

  1. Outright gifts that use appreciated assets as a substitute for cash
  2. Gifts that return income or other financial benefits to you in return for your contribution
  3. Gifts payable upon a donor’s death

Benefits of making a planned gift to the JCC of Greater Buffalo

  • In conjunction with the Foundation for Jewish Philanthropies we have provided you with the opportunity to save current taxes, obtain rates of interest unavailable from traditional fixed income investments and to receive recognition as a supporter and sustainer of the JCC and the community.
  • Programs, facilities or other items can be named in honor of or in memory of anyone you may wish to designate.
  • Gifts of cash or appreciated securities through the Foundation can help you avoid current taxes and provide you with lifetime benefits and the JCC with income to support programs which you designate.
  • You can contribute appreciated property, like securities or real estate, receive a charitable deduction for the full market value of the asset, and pay no capital gains tax on the transfer.
  • You can establish a life-income gift receive a tax deduction for the full, fair market value of the assets contributed, minus the present value of the income interest retained; if you fund your gift with appreciated property, you will  pay no upfront capital gains tax on the transfer.
  • Gifts payable to the JCC of Greater Buffalo upon a donor’s death, like a bequest or a beneficiary designation in a life insurance policy or retirement account, do not generate a lifetime income tax deduction for the donor, but they are exempt from estate tax.
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