Most of CUJEF’s investments are in a well-diversified pool of low expense stock and bond index funds. Earnings are allocated monthly to each endowment in proportion to the total amount donated to the fund capital and any unspent income of the fund.
WHAT IF I WANT TO DONATE IN THE FUTURE?
Many people have retirement funds (IRA’s or pensions), life insurance policies and other financial accounts (stocks, checking accounts, etc.). With any of these, you may list CUJF or CUJEF as a beneficiary. You should consult your employer, bank, financial advisor or insurer about how to do it.
Perhaps the most common way to plan for future donations is through a will or a trust. Although you may create your own will or trust, consider consulting a legal or tax professional in order to determine what may be best in your particular financial circumstances and to maximize the tax savings for your estate. If you already have a will or trust prepared, it is simple to change it to list CUJF or CUJEF as a beneficiary.
Not everyone can make a large gift to our Jewish community presently, but planned giving is something that everyone can do and there are several types of plans. Many of these have wonderful benefits for the gift donors. If structured properly, donors can enjoy increased income and generous tax savings.