Ways of Giving
Outright Gift
This can be case, stocks, and other assets. Gifts of appreciated
stocks offer the opportunity to avoid capital gains taxation
while the full value of the donation is tax deductible.
Pledge
Gifts of cash, stocks, or other assets can be made over a
five-year period.
Bequest
After providing for their own needs and those of loved ones, many
donors can make a larger future gift by including BAJC in their
will.
Life Insurance
Gifts of life insurance offer a variety of ways to make significant
gifts to BAJC while benefiting from applicable deductions. An insurance
policy is written on the life of a congregant. The congregant makes
a tax-deductible donation to BAJC equal to the premium due on the
policy. BAJC, in turn, pays the premium. The Temple becomes both
the policy holder and the beneficiary. The policy is redeemable
at full value when the donor reaches the age of 65 or death.
Charitable Remainder Trust
This trust provides opportunities to avoid capital gains taxation
on appreciated property, creates an immediate charitable tax deduction,
and provides an income for the donor or beneficiary. The remainder
of the trust benefits BAJC at the end of the beneficiary's lifetime.
This gift may also be created on a testamentary basis through a
donor's will.
These charitable gifts are tax deductible to the extent
allowed by law. Contact our Campaign Chair, Julie Strothman
(giving@bajcvermont.org)
for additional information about the various financial instruments
available for contributing to our campaign.
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