Your Life

Your Legacy

Our Future

  Join us as we come together to strengthen our roots through the launch of our Life & Legacy program. By creating your Jewish legacy, you ensure that our community will flourish for generations to come. 

 

 

Partners

 

Join us as we plant the seed for tomorrow in partnership with

Expressing Your Intent

It’s easy to create your own personal legacy. Start by signing a simple letter of intent, a non-binding promise to leave a gift in the future to the organization(s) of your choice. With a legacy gift you can still take care of your family while also leaving something to preserve the programs and organizations that you care about. Most legacy gifts are simple designations in a will, retirement account or life insurance policy. Consult your financial adviser regarding these or other planned gifts.

Confirming Your Gift

Legacy gifts have increasingly become part of future planning when individuals and families meet with their financial, insurance and legal advisers. This is often done through vehicles such as gift annuities, donor advised funds, bonds, cash, etc. Let us know if you have already worked with a financial adviser to include supporting us or any of our partner organizations in your plans. 

Life and Legacy Frequently Asked Questions

 

It is a gift of an asset after you pass away.

Everyone. This is not just for the wealthy or seniors. There is no minimum gift required, and no expectation of payment while you are living.

Legacy gifts are usually only a percentage of your estate and demonstrate to your heirs your commitment to Jewish values.

Legacy gifts can take many forms: stocks, bonds, real estate, retirement assets, cash, life insurance proceeds, etc.

There is no correct amount – it varies from person to person – and must be what is right for you. Any amount is appreciated. Some people will choose to give a set dollar amount, some will specify a percentage of their estate, or all or part of a particular asset.

Yes - if your circumstances change you can adjust the amount of your gift.

There are many ways, including making a bequest in a will or trust; naming the organization of your choice as a beneficiary of a life insurance policy, IRA, or pension fund; giving a gift of cash or assets; setting up a charitable gift annuity or charitable remainder trust. Please consult your professional advisor to determine which method of giving is best for you.

The long-term future of the Jewish community requires adequate financial resources. Recent studies show organizations will need to generate 20%-25% of their operating budget from endowed funds in 20 years in order to meet their obligations. By leaving a legacy gift, you help ensure that the values and services of Jewish organizations you care about will be part of our community long into the future.

The advantage of legacy giving is that no money is paid now. The gift is paid after your passing, from what is left in your estate.

One option is to name the organization of your choice as a beneficiary of an account you already have. You might also consider a life insurance policy, with that organization as a beneficiary.

Please discuss your wishes with your designated organization of choice. If someone leaves money for a specific purpose, the organization should honor those wishes.

The Jewish Community Foundation of Greater Mercer manages the endowment funds for the organizations in our community. They have been managing endowment funds for many years and have an excellent performance record.

Average returns have been 4-5% annually.

The first step is to complete a letter of intent. For questions, contact Robin Wishnie by e-mail Rwishnie@jfedshaw.org or phone 908-758-2001.




CONTACT US FOR MORE INFORMATION

If you have any questions about making your gift, please contact Robin Wishnie, Executive Director via email or at 908.758.2001.