You can generate extra income for yourself, and even a loved one, while fighting antisemitism and hate now and for future generations.
If you’re thinking about this gift, we recommend consulting with your financial partner and with ADL to select the gift that’s right for you.
Charitable Gift Annuities
How Charitable Gift Annuities Work
You can donate cash or securities worth $10,000 or more to ADL and receive
fixed annual payments for life and tax benefits in return. Benefits include:
Your Payment Will Never Change
You will receive fixed annual payments for the rest of your life.
You May be Able to Reduce Your Tax Burden
You may be eligible for an income tax deduction for the year you make the donation.
Provide Financial Security
Gift annuities are an ideal way to provide financial security for you and a loved one.
Avoid Some Capital Gains Tax
You may avoid some capital gains tax when you use appreciated stock to fund your gift annuity.
If you don’t need the income immediately or you have not reached age 65, you can schedule payments to begin at least one year after your donation or once you reach age 65. The longer the deferral period, the higher your payment rate.
Ruth, age 82, has stock worth $50,000 that she bought years ago for $10,000. She decides to donate her stock to fund a charitable gift annuity. She receives a payment rate of 7% a year. Her annual payment is $3,500 and she pays no immediate capital gains taxes. Over time, she avoids paying taxes on almost half of her capital gain. She also receives an immediate income tax deduction of approximately $25,000.
Sam and Jane, ages 82 and 78, want to support ADL’s work, but want to ensure they have sufficient income for the remainder of their lives. They donate $100,000 to ADL to establish a gift annuity that will benefit them for both of their lifetimes. In addition to an annual payment of $5,300 for as long as each of them lives, they will receive an immediate income tax deduction of approximately $41,675.
Charitable Remainder Trusts
How Charitable Remainder Trusts Work
You can donate cash or appreciated securities to ADL and receive payments for life,
or for a fixed number of years, in return. Benefits include:
You avoid paying capital gains taxes on sales of appreciated assets
You convert the full value of these assets into a lifetime income stream
You receive a significant charitable income tax deduction
You remove assets from your taxable estate