The EFRAT - C.R.I.B. Legacy Circle
When you make a gift in your will or other legacy gifts to support EFRAT - C.R.I.B. The , you’re ensuring EFRAT - C.R.I.B.’s work can continue for years to come. We’ll welcome you into the EFRAT - C.R.I.B. Legacy Circle, where you’ll join many others who have the foresight to provide support for EFRAT - C.R.I.B. that lasts a lifetime and beyond. Please let us know if you’re part of that select group by sending in this form.
As a member of the EFRAT - C.R.I.B. Legacy Circle you’ll receive:
- Special briefings
- Exclusive event invitations
- Personal tours of EFRAT - C.R.I.B. when you’re in Israel
- The satisfaction of knowing that your gift is saving lives and leaving a legacy
How will you leave your legacy for the people of Israel?
Gifts in your will
A gift in your will is one of the simplest ways to remember those people and causes you care about the most. It’s a sound option for those who want to guarantee support of EFRAT - C.R.I.B beyond their lifetimes, but also need to ensure availability of their assets while they’re still living. If you already have a will or trust, there is no need to rewrite your documents to make a gift — simply add an amendment that announces your intentions. See sample bequest language.
Charitable gift annuities
A charitable gift annuity is a way to make a gift and still receive an income for yourself and another individual at your option. It’s a contract under which EFRAT - C.R.I.B, in return for an irrevocable gift of cash or property, agrees to pay a fixed sum for life. Not only does this provide income that you cannot outlive, but it also generates a current charitable income-tax deduction.
The fixed annuity rate is based on the age of the donor(s), and a substantial portion of the charitable gift annuity pay out may be tax-free. Moreover, the charitable gift annuity’s fixed rate of return is often higher than what is currently available.
With a deferred-payment charitable gift annuity, income payments begin on a predetermined future date. This deferral produces higher income payments for the beneficiary and a greater tax deduction when compared with an immediate-payment gift annuity for someone of the same age.
Request more information about charitable gift annuities.
Designations from an IRA, pension plan, or investment accounts
Many people use IRAs, pension plans, or investment accounts to direct gifts to charities. Tax-deferred assets are often taxed very heavily in your estate. Any portion left to charity is not taxed. Therefore, if you are considering leaving a gift to EFRAT - C.R.I.B, it may make the most sense to use an IRA or pension plan to make the charitable donation, and leave other assets to your family. Adding beneficiary designations on investment or bank accounts can avoid probate.
There are several ways to use life insurance to make a gift: contribute an existing policy, making EFRAT - C.R.I.B the owner and beneficiary of the policy; contribute a portion of a large existing policy, leaving the balance to your original beneficiaries; purchase a new policy, making EFRAT - C.R.I.B both the owner and beneficiary of the policy.
There are two popular trust options. A Charitable Remainder Trust provides life income for one or more income beneficiaries, such as the donor and the donor’s spouse, and leaves the remainder interest to EFRAT - C.R.I.B. A Charitable Lead Trust pays income to EFRAT - C.R.I.B for a specific period of time. At the termination of the trust, all gift assets are returned to the donor or other person(s) designated in the trust, such as children or grandchildren. Lead trusts are used primarily to reduce estate tax liabilities on gifts to family members.
A designated fund in support of EFRAT - C.R.I.B provides an opportunity to target your philanthropy to support the programs and activities of MDA about which you care the most. The designated fund may provide that the principal can remain intact while the income is used for the vital needs of Israel. Designated funds can be established with a minimum gift of $25,000 and can be added to at any time by you or others.
Gifts of Appreciated Assets
Gifts of assets — cash, securities, or property, such as real estate or artwork — are other ways to support EFRAT - C.R.I.B. And if you make your gift of appreciated property during your lifetime, you can generate a current income-tax charitable deduction without paying tax on the long-term capital gain. For instructions on wiring gifts and transferring stock to EFRAT - C.R.I.B, click here.