Extend your commitment. Inspire the next generation—and generations after that.  Make a connection to the future. Your gift can make a difference.

At-A-Glance

• Enables your annual gift to be made in perpetuity
• May be structured in a variety of innovative ways
• Offers tax benefits for you and/or your estate

A Perpetual Annual Campaign Endowment (PACE) is a permanent fund dedicated to endowing your Jewish community Annual Campaign gift. A PACE fund is not intended to take the place of any part of an annual gift—it is instead, a lasting legacy that will continue to make an annual gift to the campaign in perpetuity on your behalf.

You may create your Perpetual Annual Campaign Endowment through a variety of vehicles, some of which provide your estate with considerable tax benefits without the requirement that you contribute during your lifetime. These options allow you to perpetuate your commitment to the Annual Campaign in a way that best achieves your own personal financial and estate planning goals.

To determine the estimated amount you need to endow your entire campaign gift, simply multiply your current annual gift by 20. Alternatively, you may endow a portion of your gift by establishing a PACE fund with a lesser amount, perhaps building up the fund through subsequent contributions. Donors creating PACE funds with a minimum contribution of $200,000 are recognized by membership in the National Star of David Society.

There are several ways to fund your PACE:

Gift of Cash/Assets

An outright gift of cash or appreciated assets like stocks or bonds is the easiest way.

Bequest

A simple bequest in a will is the most common technique for creating a PACE.

Gift of Life Insurance

A gift of a life insurance policy is particularly appealing for younger donors because of its reasonable cost and tax benefit. By naming the Jewish community owner and beneficiary, the donor may be able to deduct the premiums.

Gift of IRA or Pension Plans

IRA and pension plans are subject to high taxes when left in your estate. That makes them ideal for transfer in whole or in part to a charity to create a PACE.

Charitable Income Plan

A Charitable Remainder Trust or Charitable Gift Annuity offers life income payments with the benefit of a current tax deduction. The remainder of the trust or annuity can be dedicated to create a PACE.

All contributions to establish a PACE are tax deductible. In addition, contributing appreciated assets held at least a year also avoids the tax on capital gains.

A gift to the Jewish community today will allow you to be there for your family, your community and the Jewish people—whenever help is needed in the future.

To learn more, please contact Howard Borer at 508-756-1543 or email him at hborer@jfcm.org