Yetzirah: Planned Giving

There are many ways to make a planned gift, joining your legacy with the future of Yetzirah: A Hearth for Jewish Poets.  For more information, or to join the The Yetzirah Shorashim Society by pledging a planned gift, email Cindy Savett,  Yetzirah Board Vice President & Head of Philanthropy, [email protected].

RETIREMENT ACCOUNTS
Please name Yetzirah as a beneficiary of your donor advised fund, retirement plan, IRA, or life insurance policy. Simply fill out a beneficiary designation form from your plan.

REAL ESTATE
The gift of your home is a deeply meaningful way to support Yetzirah. It’s possible to make a transformational pledge during your lifetime—without affecting your lifestyle—through a “retained life estate.” You may prefer to use real estate to fund a charitable remainder trust or a charitable lead trust.

CHARITABLE REMAINDER TRUSTS
Such arrangements may be tailored to meet your financial needs and can provide either a fixed or variable income for the life of the beneficiaries or for a set number of years. The donated assets (often cash, securities, and/or real estate) are irrevocably transferred to a Trustee. Upon termination of the trust, the remaining assets pass to Yetzirah. A portion of your contribution may be tax-deductible in the year you make the gift.

• A charitable remainder annuity trust pays income as a fixed dollar amount that remains constant for the term of the trust.
• A charitable remainder unitrust pays income that varies from year to year.

CHARITABLE LEAD TRUSTS
Such an arrangement provides income to Yetzirah for a specified period of time, after which the trust property passes to the donor’s heirs.

• Often stock or income-generating real estate are irrevocably transferred to a trust at a minimum amount.
• Yetzirah receives income from the trust for a specified period of time, after which the property in the trust is transferred to the heirs without further taxation.
• An immediate charitable deduction on one’s gift tax return is available for the present value of the total income stream Yetzirah will receive during the trust term.
• This gift can reduce or eliminate the gift and/or estate tax that would normally be payable on the transfer of these assets to your heirs.

To discuss planned giving and joining The Yetzirah Shorashim Society by making a bequest, please contact:

Cindy Savett, Yetzirah Board Vice President & Head of Philanthropy, [email protected]