haritable GiftAnnuities

Charitable GiftAnnuities

C

MI LWAU KE EJEWISH FEDERATION

Jewish Community Foundation

1360 N. Prospect AvenueMilwaukee, Wisconsin 53202-3094(414) 390-5700 � (414) 390-5852

To Learn MoreFind out how you can use charitable giftannuities to enjoy income for life and help the community forever. For more information,call the Jewish Community Foundation at 414-390-5700.

What People are Sayingabout Charitable GiftAnnuities

My husband and I had been looking

at other giving options, but this one

made the most sense for us. We

were especially pleased with the rate

of return.”

“How nice to discover we could make

a much larger gift than we thought

we could afford. Those tax savings

really add up!”

“…the staff at the Jewish Community

Foundation made it all go so

smoothly. I feel confident I made

the right decision.”

“As a retiree, I appreciate the chance

to add to my income while doing a

good deed.”

“I always tell my grandchildren:

Plan ahead, give back. My charitable

gift annuity lets me do both!

“

”

Photo on cover: Jonathan Levine

Defining Your Legacy

ow‘s the time to make certainyou’re leaving the legacy youdesire. With careful planning,you can use your assets to enrich

Jewish life in Milwaukee while still benefit-ing you and your family. And the gift youmake can have an impact far beyond yourexpectations.

At the Jewish Community Foundation, wework with you and your advisors to helpyou achieve your charitable goals and realize your individual dreams for astronger, healthier community. Over theyears, we’ve helped hundreds of donorsdetermine the most appropriate way togive. You’ll find real satisfaction in provid-ing lasting support for the programs andgroups you choose, while passing alongyour philanthropic values to your childrenand grandchildren, bringing our heritage tothe future.

Charitable gift annuities let you make a giftnow, enjoy key tax advantages and receiveincome for the rest of your life, guaranteed.It’s a sensible way to support the causesthat are important to you.

Gain Tax Benefits

A charitable gift annuity also delivers key taxadvantages. Most donors qualify for animmediate tax deduction when the gift ismade. The assets you donate won’t be sub-ject to estate taxes or probate, and you mayreduce capital gains taxes. Part of every pay-ment you receive is “return of principal,” soyou will not owe income tax on that portion.

The Charitable Gift Annuityat Work

Meet Mrs. Donor. Mrs. Donor, 75, has alwaysdreamed of supporting Jewish education.She’s held stock for years that is now worth$25,000. She is receiving dividends of only2% and would like more income. If she sellsthe stock, she will owe a significant capitalgains tax.

Instead, Mrs. Donor gives her stock to theJewish Community Foundation to create acharitable gift annuity. She takes a taxdeduction for the gift in the year it is made.

The Foundation agrees to pay Mrs. Donor$1,775 a year for the rest of her life – a 7.1%return. After her death, the Foundation willuse the remainder to support Mrs. Donor’sdream.

Charitable Gift Annuities

NCharitable Gift Annuities

A charitable gift annuity is a straightforwardagreement between you and the Foundation.You make a gift of $10,000 or more, and weagree to pay you a fixed income for the restof your life. When the annuity ends, the prin-cipal passes to the Foundation to support ourgrants program, the Milwaukee JewishFederation’s annual campaign or the endow-ment fund of one of your favorite agencies.

Here’s how it works:

1. You make a gift of $10,000 or more in cash or appreciated stock.

2. Depending on your tax status, you take an immediate charitable deduction to reduce your income tax.

3. The Foundation gives you an annuity contract, agreeing to pay you a fixed amount for the rest of your life, or the lives of you and your spouse starting at age 65.

4. The income you earn is based on your age at the time of your gift, and it’s typically a very competitive rate of return.

5. After your death, the principal passes to theFoundation to support our grants program orthe endowment fund you’ve specified.

(Rates are subject to change)

Example of ratesAge657075

Rate6.0%6.5%7.1%

Age808590

Rate8.0%9.5%

11.3%