Planned Giving

Planned Giving with JFS Rochester

A planned gift strengthens our community’s future while also addressing your personal long-term estate-planning and community philanthropy goals.

Location

Jewish Family Services
255 East Avenue Suite 201,
Rochester, NY 14604 (Map)

Hours

Monday – Thursday, 8:30 am – 5 pm
Friday, 8:30 am – 3:30 pm

Bequests

The most common form of legacy giving is a gift described in your will, commonly called a bequest. A bequest affords you flexibility and control over the legacy you leave. For some donors, it also means a portion of your assets will go directly to a cause you value rather than to the government in the form of taxes. If you already have a will, you may be able to make your gift by preparing, with the help of your attorney, a codicil (a brief written amendment) to your will.

Life Insurance

Many donors overlook life insurance as a source for charitable giving yet it can be utilized to increase the impact of your philanthropy. This is done by transferring ownership of a life insurance policy to Jewish Family Services or simply changing the policy’s beneficiary designation to JFS for some or all of the policy proceeds. This type of gift is particularly popular with donors who have policies that are no longer needed to provide for their families. It is also an attractive way to give if you want to provide significant support for JFS but are unable to provide such support to JFS during your lifetime.

Establish an Endowment

Give a gift in perpetuity by establishing a Family Fund with JFS Rochester. Contributions throughout the year can be designated directly to these funds. Minimum balance for a named fund is $10,000. Contact Barbara Connor for a list of current JFS Rochester Endowments & Family Funds

Charitable Gift Annuity (CGA)

Enter into a CGA with United Way and receive a guaranteed lifetime annuity payment. The remainder value after passing will be added to the United Way of Greater Rochester and the Finger Lakes endowment fund.

JFS Rochester does not provide tax advice. Please consult a tax professional, financial planner, and/or attorney in regards to your personal circumstances and what option helps best meet your financial and philanthropic goals