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A Bequest to Further Good Work

A Bequest to Further Good Work
Nancy and Michael were dedicated volunteers at their local Federation. Over the years, they had seen many individuals impacted by its good work. They wanted to create a legacy to provide future support to continue the Federation's mission.

Michael: The work of the Federation has always been important to us. We have provided support with current gifts but wanted to do more. We received the Federation's newsletter and noted that we could make a gift from our estate. We saw a picture of smiling people just like us and we wanted to be part of that group.

Nancy: We met with our lawyer to revise our wills, and we each included a provision for a bequest. Our lawyer put language in the will that allows a percentage of our estate to go to Federation to fund a Perpetual Annual Campaign Endowment (PACE) fund in our names. After we are gone, the fund will make annual distributions to continue our tradition of lifetime giving. This was easy to arrange and still permits us to use our assets during our lives if we need them. We told the Federation's gift planner about our decision and were excited when we were invited to a special event honoring us.

You also may want to include a bequest in your will. Contact your local Federation for bequest language. To find your local Federation, you may search via our Federation Finder. If you live within The Network of Independent Communities and are considering a bequest to The Jewish Federations of North America (JFNA), you can find bequest language here. You might find it helpful to select the "print" button at the top of the screen and give a copy to your attorney. He or she can contact us with any questions by phone at 212-284-6639 or by e-mail at gail.gordon@JewishFederations.org.

Review sample bequest language here.

*Please note: The names and image above are representative of typical donors and may or may not be actual donors to JFNA, a Jewish Federation or a Jewish Community Foundation.

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Any tax consequences described on this page are based on U.S. federal tax law. Charitable deductions from state and local taxes or from Canadian and provincial taxes may not be available to the same extent as from U.S. federal taxes. The Jewish Federations of North America (JFNA) does not provide legal advice. Donors are encouraged to seek independent tax and legal counsel. You may read JFNA's charitable solicitation disclosure statement here and important information about endowment gifts and bequests to JFNA here.