Planned Giving Opportunities

Planned Giving offers donors a rewarding method to support the Institute, while obtaining excellent financial benefits, which include:

• reducing current income taxes
• avoiding capital gains taxes
• increasing spendable income
• supplementing an existing retirement plan
• reducing taxable estate and probate costs
• providing for the special needs of a family member
• increasing the amount children will inherit
• keeping a family business or other valuable assets intact for your heirs

Planned gifts may be funded with a variety of assets, including, but not limited to: securities, patents, royalties, real estate, artwork, jewelry and musical instruments. Our staff would be pleased to meet with you and your advisors in confidence and, with no obligation, to provide assistance in helping you make an informed decision about how to help support Parker Jewish Institute Foundation. Please call Lois Deutsch, Vice President for Development and Public Affairs, at (718) 289-2142 with questions or to set up an appointment.

We welcome the opportunity to express our thanks to those friends who have remembered Parker in conjunction with their Will or estate plan. If you have made a provision for the Institute, please let us know so that we may acknowledge your kindness and generosity. Notifying the Institute also enables us to plan wisely for the future. You may use Parker's Letter of Intent form to inform us of your current or future gift to the Institute.

Those who make a Planned Gift of $10,000 or more become members of Parker's growing Living Legacy Society. Cognizant of the Institute's present as well as future needs, this group of men and women provide Parker with a measure of fiscal security and the ability to plan for an even brighter tomorrow. The names of our Living Legacy Society members are prominently recognized on Parker's Living Legacy Wall, located in the Institute's lobby.

To follow is an outline of the some of the gift plans available:

• Charitable Remainder Trust - provides lifetime income for you (or whomever you choose), income and estate tax advantages, and the avoidance of capital gains taxes on highly appreciated property
  
• Charitable Gift Annuity - offers very generous - and guaranteed - lifetime income, a portion of which is tax-free, plus income tax deductibility and capital gains tax advantages
  
• Bequest by Will or Living Trust - allows you to leave an imprint on future generations.   Feel free to call the Development Department at (718) 289-2142 to obtain specific language to be used when drafting your Will.
  
• Life Insurance Policy - whether an obsolete policy no longer needed for its original purpose, or a new policy that enables you to make a substantial future gift at a modest annual cost
  
• Charitable Lead Trust - which you can shield a family business or other valuable assets from heavy estate taxation
  
• Retirement Plan Assets - which may be of very limited value to your heirs, as they might be subject to triple taxation
  
• The full or partial gift of a Residence - which enjoys special tax treatment under the law
  
• Provision for the Future Gift of a Residence - enables you to take an income tax deduction now, while continuing to reside in the home
  
• Establishment of an Endowment Fund - memorialize a loved one, or identify yourself in perpetuity with a program or project of significance to you