Did you know that it's easy to create a permanent legacy to perpetuate your name and ideals, while securing the future of the Jewish people for generations to come? Our Foundation of the Jewish Federation of Atlantic and Cape May Counties has a menu of endowments that can fit your needs.

One such vehicle is a Donor Advised Fund. When you establish this type of endowment, you are creating a permanent fund in your name or that of a loved one, and the fund will perpetuate your family name long beyond your lifetime. Each year the fund will produce income, and you can recommend how those funds are to be used. Possibilities include unrestricted use by the Jewish community, or to support a specific cause such as scholarships for Jewish education, programs at the Jewish Community Center, cash grants to meet the essential needs of the Jewish poor, or rescue and resettlement efforts in Israel, the former Soviet Union or in other countries around the world.

A gift of cash, securities (especially good when using appreciated stock), or other property can be used to establish your fund. Other assets you may use to create your endowment include life insurance, or retirement accounts (e.g. IRAs).

The minimum for this type of fund with the Foundation is $5,000. This type of gift offers many benefits. If you give during your lifetime, you will receive a charitable income tax deduction and further deductions when additional assets are added to it. If you are unable to use the entire deduction in the year your gift is made, the unused deduction can be

carried forward for an additional 5 years.

Perhaps most important, however, is the enduring nature of the creation of a Donor Advised Fund. The permanent legacy you create will provide a necessary source of funds to help meet the current critical needs of the community, or to provide for the programs, projects, agencies, organizations, or initiatives that are of particular interest to you and your family.

If securing the future of the Jewish people is important to you, including the Foundation of the Jewish Federation of Atlantic and Cape May Counties in your estate plan will help accomplish this goal. To learn more contact David Schultz, Foundation Director or Bob Seltzer, Esq., Executive Vice President, Jewish Federation of Atlantic and Cape May Counties. 8224404.