Planned Giving
Your act of generosity, our longevity
With planned giving, you can provide long-lasting support for the Memphis Jewish community while enjoying financial benefits for yourself.
Gifts of Retirement Assets
A gift of your retirement assets, such as a gift from your IRA, 401k, 403b, pension or other tax deferred plan, is an excellent way to make a gift to your favorite charity through Jewish Foundation of Memphis.
Leave your retirement assets to us
If you are like most people, you probably will not use all of your retirement assets during your lifetime.
Did you know that 50%-60% of your retirement assets may be taxed if you leave them to your heirs at your death? Another option is to leave your heirs assets that receive a step up in basis (such as real estate and stock) and leave the retirement assets to a Donor Advised Philanthropic fund at the Jewish Foundation of Memphis. As a 501(c)(3), we are not taxed upon receiving an IRA or other retirement plan assets.
How to transfer your retirement assets
Your retirement assets may be transferred to Jewish Foundation of Memphis by completing a beneficiary designation form provided by your plan custodian. If you designate your fund at the Jewish Foundation of Memphis as beneficiary, your IRA assets will not be taxed at your death. Your estate will benefit from an estate tax charitable deduction for the gift.
