To ensure that the work of NCJW/Cleveland continues well into the next century, we offer several ways for you to become part of our future.
Planned Giving: NCJW/Cleveland’s Legacy Society
In order to ensure that our work continue well into the next century, NCJW/Cleveland invites you to become part of our future. By giving to NCJW/Cleveland through a will, charitable gift annuity, or retirement plan you can add your legacy to ours.
NCJW/Cleveland’s Legacy Society was established to celebrate those individuals who have included NCJW/Cleveland in their estate plans. By joining the Legacy Society, you can be acknowledged today for your future commitment.
- Add NCJW to your will: There are several ways you can name NCJW/Cleveland as a beneficiary in your will. You may choose to give an outright specific sum from your bequest or specify that a percentage of your estate go to NCJW/Cleveland. This allows your charitable giving goals to adjust with your changing life circumstances. Your gift may be directed in one of two ways.
- You may direct your gift to NCJW/Cleveland’s annual fund and support the operating budget.
- You may designate how you would like your gift to be used. It can be used for a specific purpose that you name. For example, “to directly support NCJW/Cleveland’s advocacy work”, or you can direct it to be used wherever the need is greatest so that NCJW/Cleveland can select a use that matches its current programs.
- Charitable Gift Annuity: A charitable gift annuity is a simple contract between you and NCJW/Cleveland In exchange for your irrevocable gift of cash or securities, NCJW/Cleveland agrees to pay an annuitant you name, a fixed sum each year for life. The older your designated annuitant is at the time of the gift, the greater the fixed income NCJW/Cleveland can agree to pay. In most cases, part of each payment is tax-free, increasing each payment’s after-tax value. Payments may be made annually, semi-annually, or quarterly.
- Make NCJW a beneficiary to your Retirement Plans: Many people will receive income in their retirement from plans other than Social Security such as IRAs, 401(k), or 403(b). A gift from remaining retirement plan funds can be an easy way to arrange a donation at a very low after-tax cost to your estate. Contact your retirement plan administrator for details about naming one or more charitable recipients as beneficiaries.
- Appreciated Securities: A gift of an appreciated asset is a powerful and simple way to support NCJW/Cleveland’s mission. Donors pay no capital gains tax and receive an immediate income tax deduction for the fair market value of the securities on the date of transfer, regardless of the amount originally paid.
Please call Mindi Axner, Executive Director, at 216-378-2204 X103 to discuss becoming a member of the Legacy Society.