Celebrate Your Heritage with a Legacy
Contribute to the future of the Museum of Jewish Heritage by planning for a special kind of gift. A planned gift creates a meaningful personal legacy at the Museum, while securing the future of this important institution and its mission.
There are many ways to include the Museum in your charitable giving and estate planning:
- Bequest: One of the simplest ways to support the Museum’s future is by naming the Museum a beneficiary in your will. This may be made with a specific dollar amount, asset, or percentage of your estate.
- Charitable Gift Annuity: A charitable gift annuity is an agreement between you and the Museum that provides you with regular fixed payments for life in exchange for transferring assets to the Museum. You may be eligible to receive significant income tax benefits and a portion of your annuity payments may be tax-free. Minimum gift of $10,000 is required.
- Retirement Plans and Beneficiary Designations: Retirement (i.e., IRA), life insurance, and real estate assets may all be donated to the Museum. Making a gift in this manner can mean significant tax advantages for your estate and your heirs.
Donors who contribute through a planned gift or notify us that they have made a provision for the Museum in their estate plans are honored and recognized as members of the Museum’s Legacy Society.
Each gift makes a difference. Together with your own financial planners, let us help you create a legacy to meet your unique financial, tax, and estate planning goals while ensuring that the Museum's mission of education and remembrance continues.
For more information on planned giving or to arrange a confidential consultation, please contact Clara A. Nyman, CFRE, Chief Development Officer, at (646)437-4324 or firstname.lastname@example.org.
IRA Rollover provision extended through 2013
Friends of the Museum of Jewish Heritage who are 70 ½ or older can use their IRAs to make a gift of up to $100,000 to the Museum without reporting the withdrawal as taxable income. Distributions must be made by December 31, 2013.
The Museum is prohibited from providing Membership or any goods and services in return for these gifts.
This may be most useful for donors who:
- Must make a required minimum distribution from their IRA but do not need the income, or
- Have exceeded their ability to claim an income tax deduction, or
- Do not itemize their deductions, or
- May have more of their Social Security income taxed by receiving additional income.
Restrictions apply, so please consult with your advisors to determine how such a gift would affect your overall tax and estate planning.