Planned Giving
Plan a gift to the TBA Endowment Fund that will support the future existence of our Temple and financially helps you
Depending on the type of gift you plan to give, it can reduce estate taxes, income taxes, reduce or eliminate capital gains taxes. Depending on the type of gift, it can give you income back from the gift or even allow you to enjoy the gift after it is given.
Gifts, to the TBA Endowment, in any amount greater than $1,000 are accepted. Click here to see more information about gift types and financial benefits to donor. Selected gift types are listed in the table. Please indicate your gift amount and the type of gift you would like to give.
After submitting, a Board member with financial responsibility will contact you to assist you in the processes.
Donor Benefits / Gift |
How does it work? |
How do you make the gift? |
Reduce estate tax |
Reduce income tax |
Reduce or eliminate capital gains |
Get income back from the gift |
Give an asset but keep enjoying it |
More |
How does it benefit TBA? |
Cash |
Give cash |
Write a check or give on-line now |
Removes taxable assets from the estate |
Immediate deduction for full value |
|
|
|
|
Delivers immediate benefits |
Securities |
Give appreciated securities |
Contribute long-term appreciated stock or other marketable securities |
Removes taxable assets from the estate |
Immediate deduction for full value |
Complete avoidance |
|
|
Still like the stock? Use your cash to buy at today’s price and lock in a higher cost basis |
Delivers immediate benefits |
Bequest |
Simplest form of gift planning (plan now, give later) |
Name TBA Endowment in your will or living trust by designating a specific amount or a share of the residue |
Donation exempt from federal estate tax |
|
Complete avoidance |
|
Control of assets during lifetime |
Make a substantial gift when you no longer need the assets |
Ensures our future strength |
Retirement Plan Assets, IRA |
Name TBA Endowment as the beneficiary of the plan |
Name TBA Endowment as whole or partial successor beneficiary on your plan’s form |
Donation exempt from federal estate and income tax |
Your heirs will avoid income tax |
|
|
Continue to take withdrawals from plan during your lifetime |
Often overlooked and easily given |
Ensures our future strength |
Life Insurance |
Give old or new policy with TBA Endowment as beneficiary and owner |
Donate a paid-up policy you no longer need or take out a new policy |
Donation exempt from federal estate tax |
Current income tax deduction for paid-up policy. Future deductions for premium payments on new policy |
|
|
|
Simple to set up; small financial commitment for large ultimate gift |
Ensures our future strength |
Charitable Remainder Trust |
Trust that pays income for life or a term of years to donor and/ or others. Assets ultimately benefit TBA |
Create a trust that pays income to donor and/or others; principal (remainder) ultimately goes to TBA Endowment |
Removes taxable assets from estate |
Deduction for gift portion of asset |
Partial avoidance |
Variable or fixed income for life |
|
Significant income and estate tax advantages |
Ensures our future strength |
Charitable Lead Trust |
Trust that makes payments to TBA Endowment for a period of years. Assets ultimately pass to donor or heirs |
Create a trust that pays income to TBA, Endowment principal (remainder) ultimately returns to heirs or donor |
Can remove taxable assets from estate |
Limited |
Varies |
|
Property reverts to donor, or to heirs with reduced gift and estate taxes |
Best for assets expected to appreciate rapidly |
Delivers immediate benefits |
Confirm with Federal & State tax regulations prior to finalizing your Temple Brith Achim Planned Giving gift.