A straightforward way to make a gift to
the Jewish Foundation of Greater Toronto is by cash, cheque or credit
card. This may be a n attractive way to give if you have cash readily
available and wish to make a donation.
We are able to invest the donation
immediately to generate funds to support charity and you enjoy
immediate tax savings. If you wish to liquidate an asset to make a cash
gift, consider giving the asset rather than cash. There may be tax
advantages to doing this, particularly with appreciated securities.
Making a gift of appreciated securities to the Jewish Foundation of Greater Toronto can have many tax and financial benefits. Under the Federal Budget released in May 2006, the capital gains tax was
eliminated. This benefit is only available for gifts of publicly-traded securities to charities such as the Jewish Foundation of Greater Toronto.
At-a-glance:
Use appreciated securities to establish a Donor Advised Fund or other type of fund at the Jewish Foundation
Benefit from the elimination of paying capital gains tax on securities donated to
charity
Life Insurance is an advantageous way to fund an endowment at modest current costs. Purchase a new policy designating the Jewish Foundation of Greater Toronto as owner and beneficiary, or transfer an existing policy to the Jewish Foundation.
At-a-glance:
Annual policy premium payments are all treated as charitable tax deductions
Offers current tax benefits to you or future tax benefits to your estate
Guarantees future financial support for organizations important to you
A thoughtful way to continue your support of the Jewish community
Pension plans can be subject to high taxes when left in your estate. By transferring them in whole or in part to a charity, you avoid being penalized while providing important resources to our community.
At-a-glance:
Offers substantial tax benefits for your estate
Provides resources for organizations important to you
A thoughtful way to continue your support of the Jewish community
A Charitable Bequest is a simple and thoughtful way to leave a legacy. Whether it is a set dollar amount or a percentage of your estate, a bequest in your will can allow you to make a difference for generations to come.
At-a-glance:
Established through your will
May be made in any amount
Provides a tax deduction for your estate
A thoughtful way to continue your support of the Jewish community