A donor-advised fund (DAF) is a type of giving program that allows you to combine the most favorable tax benefits with the flexibility to support your favorite charities. DAF Direct enables you to recommend grants to The Rashi School.
Stocks and bonds are, next to cash, the most popular way of making a gift. Gifts of securities can be one of the most advantageous ways of giving. If your gift of stock is one you have owned for more than a year, you may qualify to deduct the full market value of the stock as a charitable contribution, while bypassing capital gains taxes.
To ensure that you receive proper credit, please contact or instruct your broker to contact Amy Klotz at email@example.com or 781-355-7309 with the details of the transaction. For additionall information, please review our Stock Gift Transfer Instructions.
Residences, including vacation homes and farms, can provide a gift that allows the donor to realize a tax deduction, avoid capital gains taxes, retain lifetime occupancy for herself or himself and/or another person, and provide support for Rashi. Contact the Rashi Development Office for details.
An endowed fund is established in perpetuity and has a continuing impact on the life of the Rashi School. Endowed funds may be established to provide financial assistance to a deserving student, or help underwrite a faculty member’s professional development, or many other initiatives. Rashi invests endowments carefully to achieve a healthy rate of return that provides for both current needs and long-term growth. If you establish an endowed fund, Rashi will provide you with periodic financial updates and reports.
A “planned gift” can be created to fulfill a long-desired philanthropic interest and may also allow you to increase your personal income, save on taxes, and make a legacy gift to Rashi that might not otherwise be possible.
Charitable Gift Annuities are a fixed-income plan that pays the donor or another person (or both) a guaranteed annual income for life. The rate of payout is determined by the beneficiary's age.
Please contact the Development office at 781-355-7312 or firstname.lastname@example.org to discuss your planned giving options and to ask any questions.
Charitable Remainder Trusts are flexible financial instruments that enable you to claim a tax deduction the year the gift is made, provide a stream of income you (or a designated individual, such as a spouse, during their lifetime,) and ultimately leave a significant gift to the Rashi School. You may fund a trust with a gift of cash, appreciated securities, real estate, or other non-cash assets.
Life Insurance can be a convenient and cost effective way of making a substantial gift to Rashi. Perhaps you have a paid-up policy with the original reason for purchasing the policy no longer a consideration. Gift opportunities range from naming Rashi as owner and beneficiary of a life insurance policy to using a new life insurance policy to replace assets given to the school. Under the latter arrangement, you may make a significant gift to Rashi and use the tax savings to purchase a life insurance policy. The policy will replace the contributed funds for the future benefit of your family.
A bequest is the result of careful planning for the best philanthropic use of assets that have taken a lifetime of work, care, and stewardship to build or preserve. The bequest may be a specific sum or a percentage of an estate that may provide a very significant gift to the Rashi School for a purpose that you designate.
For those 70½ or older, it is once again possible to make tax-favored charitable gifts from IRA accounts. In December 2015, the President signed into law legislation that retroactively extends the charitable IRA rollover for 2015 and makes this provision permanent for future years. A total of up to $100,000 can be transferred directly from IRAs to one or more qualified charities, including The Rashi School, free from federal income tax each year. There may also be state income tax savings.