You don't have to be Warren Buffett or Bill Gates to make a significant difference in the lives of others. Consider these cashless ways to support the Jewish Community Foundation of Los Angeles.
Open a POD account. A payable on death account is a regular bank account that names a person or charity as beneficiary of that account once the account holder dies.
Why it's smart: Legal hassles can be avoided, and your favorite cause has resources to continue its important work.
Name the Jewish Community Foundation of Los Angeles as beneficiary of retirement plan assets. When your retirement plan assets are paid to individuals at your death, income taxes will be assessed to that individual. But a tax-exempt charity such as the Jewish Community Foundation of Los Angeles can inherit the assets without paying taxes.
Why it's smart: You are able to turn your most tax-heavy assets into tax-free assets while making a difference in the lives of others.
Name the Jewish Community Foundation of Los Angeles as beneficiary of your life insurance policy. Your need for life insurance most likely declines with age, increasing its popularity as a charitable gift.
Why it's smart: Your favorite cause receives a generous gift in the future without you having to give up assets today. A gift of life insurance is also a flexible way to give, because you are able to adjust your plans at any time throughout your lifetime.
A gift through a POD account or by beneficiary designation can make a profound impact in furthering our mission. It won't cost you a dime during your lifetime-and may just make you feel like a million bucks.
Contact Us
We would be happy to assist you in your charitable planning. Contact our Development Office at 323-761-8704 or development@jewishfoundationla.org to learn more about options that may work for you.