“Tzedakah and acts of kindness are the equivalent of all the mitzvot of the Torah” – Jerusalem Talmud, Pe’ah 1:1.
Give Today Guarantee Tomorrow
Donate. A simple word, a simple request…yet such a powerful act of unselfish kindness that can have such a far-reaching impact.
As a mitzvah, tzedakah is a sacred act. There is significance in perpetuating the values of our tradition as Jews, and tzedakah is an essential avenue to connect us to that tradition. When we established the Legacy Endowment Campaign here at the Temple, our goals were very clear. To ensure that all we have accomplished to make our synagogue a warm and welcoming place to worship and experience a plethora of life cycle events, will always be here for generations to come.
Our hope that you will “give today, to guarantee tomorrow” so that through this collective effort, we can together enhance our endowment fund and know that it will always be there to support our members.
And donating couldn’t be easier. Be it a cash gift, a bequest in your will, a gift of life insurance, IRA or pension plan, real estate, securities or an annuity. The legacy of what we contribute, will be our gift to the next generation.
It is up to each and every one of us to make sure that the community we have established here at Temple Beth Sholom is still going strong long after we are gone.
THERE ARE MANY WAYS TO GIVE
Your legacy gift of any size can be customized and structured to fit your lifestyle, family and financial needs and will all benefit growing our endowment.
GIFT OF CASH (Payable over 1, 5 or 10 years)
- Income tax deductible
- Flexible pledge terms
- See the impact of your gift during your lifetime
BEQUEST IN YOUR WILL OR TRUST
- One of the easiest ways to leave a legacy
- Exempt from federal estate tax
- All bequests should be made to Temple Beth Sholom- Leon Kronish Foundation Inc., Miami Beach, Florida, a Florida not-for-profit corporation. Tax ID #65-065471
GIFT OF LIFE INSURANCE
- Allows you to pledge a generous gift in the future with an affordable donation today
- More affordable, especially for younger donors
- Older donors may consider naming Temple Beth Sholom as a beneficiary of an existing policy
GIFT OF IRA OR PENSION PLAN
- Designate Temple Beth Sholom as the beneficiary of all or part of your qualified retirement plan (IRAs, 401ks, and others)
- Talk to your attorney about charitable gifting through your IRA to avoid both estate and income tax
- Special benefits for income tax savings for individuals over 70½
GIFT OF REAL ESTATE
- Income tax or estate tax deductions
- Capital gains tax benefits
GIFT OF SECURITIES
- Immediate deduction of fair market value and avoids capital gains tax
- Gifts of highly appreciated securities benefit TBS and may leverage income tax benefits
GIFTS OF TANGIBLE PERSONAL PROPERTY
- Jewelry, Art, Collectibles
SPLIT INTEREST GIFTS
- Charitable Lead Trust
- Charitable Remainder Trust
- Can be set up at lifetime or at death
- Benefit your family and TBS
- Contact your financial advisor for more information
BENEFITS OF YEAR-END GIVING
Jewish traditions are filled with messages of gratitude, generosity and a spirit of helping others less fortunate. If you are considering a gift to Temple Beth Sholom, the end of the year is a wonderful time to give. There are many tax benefits for giving to a qualified charity (501c3), such as Temple Beth Sholom.
Here are some benefits you should know about:
- A gift to a qualified charitable organization may entitle you to a charitable contribution deduction against your income tax if you itemize deductions.
- A contribution to a qualified charity is deductible in the year in which it is paid.
- There are limits to how much you can deduct, but they’re very high.
- Rules exist for non-cash donations.
- Remember to document. (We will always send you a documented tax letter for your record.)
- Remember, it’s always better to give than receive. The beauty of charitable donations is that you give and receive at the same time.
ARE YOU 70½ or OLDER?
GIFTING THROUGH YOUR IRA CHARITABLE ROLLOVER
Click here to read more about IRA charitable giving.
Many donations to Temple Beth Sholom are exempt from gift and estate taxes and may even have capital gains and income tax benefits. For more specific instructions about recognition, etc., contact Ilana Gilat 305-538-7231 x134 or firstname.lastname@example.org. Please consult your tax advisor.