Legacy Gifts & Endowments
With a Jewish Federation legacy, you will be remembered for helping Jews in need today and building the community of tomorrow. By establishing this legacy, you will ensure that you and your values live on.
You can support and sustain Jewish community. You can guarantee that the most vulnerable in our community will know they are not alone in the world. Through your Federation legacy, you have the power to ensure families in need will not just survive, but will live full Jewish lives.
For more than 100 years, the Federation has been meeting the needs of the community and with your partnership we will continue to ensure a vibrant future for our children and our children’s children. Whatever your passion, together we can ensure the Jewish future. In dozens of ways, your gift will ensure that your values live on in Los Angeles, Israel, and over 70 countries. You can help a child build the foundation of a lifelong identity at Jewish summer camp. You can connect young adults to Jewish life in new and meaningful ways. And you can make sure our students stay connected to our family in Israel.
Including the Federation in Your Will
The easiest way to ensure a Jewish legacy is to include The Jewish Federation of Greater Los Angeles in your will or trust. A gift from your estate can ensure that your children and grandchildren know how important the Jewish community is to you and help you pass on your values to them. Inserting this simple language can help ensure your values are remembered for generations: “I give [_____ percent (___%) of my estate /or/ _____ dollars ($____) /or/ the residue of my estate] to The Jewish Federation Council of Greater Los Angeles (The Federation), located at 6505 Wilshire Boulevard, Los Angeles, CA 90048. The Federation’s EIN is: 95-1643388.”
By naming The Jewish Federation in your will or trust, you’ll become a member of the Legacy Society and will be with all those who share your values and commitment to our people and the Jewish community. Click here for other language you may wish to use in your will or trust to ensure that your gift reflects the Jewish values that speak to you most. The Federation has been serving the community for over 100 years, and in partnership with you, we will be strong for generations to come.
Gifts that Provide for or Honor Family members
Many of our donors like to honor a family member by making a memorial gift to the Federation in their will or trust. Leaving a gift in your will or trust is a time-honored way of ensuring that your annual support of The Jewish Federation continues for generations to come.
To leave a legacy of your values while leaving the majority of your funds to your loved ones, name The Jewish Federation as a beneficiary of a specific dollar amount or percentage of your estate.
To leave The Jewish Federation what's left after loved ones are provided for, use a residuary bequest. The Jewish Federation will be "second in line" after all costs and bequests to others have been satisfied.
To leave your estate to family and friends, unless you outlive one of your beneficiaries, consider a contingent bequest. This is often used by husbands and wives who stipulate that if the other spouse is not living, then the bequest specified for that spouse will go to The Jewish Federation.
Sample Language for Wills and Trusts
To leave a gift to The Jewish Federation, consider including this language in your estate plans:
I give [ __ percent of my estate, or description of asset, or ____ dollars] to The Jewish Federation Council of Greater Los Angeles (The Federation), located at 6505 Wilshire Boulevard, Los Angeles, CA 90048. The Federation’s EIN is: 95-1643388.
IRA or other Retirement Plans
Retirement plan assets passed on to your heirs are subject to taxes that most other assets are not. Thus, naming The Jewish Federation of Greater Los Angeles as the beneficiary of your retirement plan is one of the most efficient ways of passing on your values to the next generation. These assets are not governed by your will or trust. You must use a separate beneficiary designation form that can only be provided by the administrator of your retirement plan. On that form name the Federation with the following language: “The Jewish Federation Council of Greater Los Angeles (EIN: 95-1643388).
Congress is considering once again renewing the IRA Charitable rollover bill. For sample language directing your IRA administrator to make a gift to the Federation from your account, please click here.
A life insurance policy that you no longer find useful, or a new one purchased with The Jewish Federation of Greater Los Angeles as both owner and beneficiary, is a great way to leverage your Jewish legacy. Contact your insurance professional to discuss your options, call us at (323) 761-8133, or e-mail MHamerman@JewishLA.org for a list of referrals.
Life Income Plans
Do you wish you could afford to do more to help the community and make a larger gift? Life income plans allow you to make a donation of cash or assets and receive an income for your lifetime. Each type of plan has unique benefits and is more or less appropriate depending on the assets you are considering using to fund the gift. Call to discuss if a charitable gift that pays you income makes sense for your situation.
Ner Tamid Legacy Society
All donors who create a Jewish Federation Legacy by making plans for a gift to the Federation in their will, trust, or other part of their estate plan will join those who have established Endowments in their lifetime in the Ner Tamid Legacy Society. Members of the Legacy Society who have committed to ensuring that their Jewish values live on will be recognized in Jewish Federation publications, including our annual report, and will be invited to special members-only events. Those whose current or planned gifts are at the $100,000 and above level will also be honored with a plaque on an honor roll to be created on a prominent wall of the Jewish Federation Goldsmith building.