A JK-12 pluralistic school that engages students in an exemplary and inspiring general and Jewish education.

How Do I Make A Planned Gift to CESJDS?

Zitelman Planned Giving Challenge

We are pleased to announce our commitment to the future of CESJDS through the purchase of a life insurance policy. Once the proceeds of the policy are received by the CESJDS Endowment Fund, the annual earnings will provide on-going support for tuition assistance.

We support CESJDS because it provides students with an excellent Jewish education built on a solid foundation of Jewish values, ethics, and morals, as well as an excellent general education. We have seen through our three daughters and their friends how students bond and maintain close and supportive relationships throughout their lives.

The annual insurance premiums are being funded with tax-deductible charitable contributions, which result in a very cost effective and easy way to leave a meaningful legacy gift to CESJDS.

With our gift, we are challenging CESJDS to secure 25 new planned gift commitments throughout 2018 and hope that you will participate.

We urge you to “Create Your Jewish Legacy” at CESJDS using life insurance, your will, trust, or retirement account. Feel free to contact us, or professionals at CESJDS, at plannedgiving@cesjds.org or (301) 692-4861.

We have made a significant commitment to fund the future of CESJDS and encourage you to do the same. Thank you.

Cindy and Rick Zitelman

Donating Appreciated Stock

The new tax law that became effective on January 1, 2018, increased the standard deduction to $12,000 for singles, $24,000 for married couples filing jointly, and $18,000 for heads of households.

Whether or not you will itemize for 2018, your Ma'ayan Annual Campaign gift to CESJDS enables you to receive some valuable tax benefits, especially if you make a gift of appreciated publicly-traded securities.

The new law will still allow you to make gifts of appreciated assets you have owned for at least one year without triggering capital gains tax. If you itemize your deductions, you will be entitled to an income tax charitable deduction based on the full value of your appreciated assets and also completely avoid any capital gains tax upon the transfer to CESJDS.

Please contact the Development Team at smetro@cesjds.org or (301)-692-4861 to make your Ma'ayan pledge and to receive more information about transferring stock to make your gift.

Thank you for your investment in CESJDS through the Ma'ayan Annual Campaign.

Please consult your professional advisors before making any gift. CESJDS is not engaged in providing legal or tax advice.

Taking Care of CESJDS and My Family

I am leaving a gift in my will to CESJDS.

Why? CESJDS is an important part of my family. CESJDS educates my children, prepares them for their future studies and their ultimate careers as well as gives them a foundation in Judaics. In addition, CESJDS instills Jewish pride, preparing them for life, but more immediately the various campus challenges they will face in college.

Each year, I support the Ma'ayan Annual Campaign, and I've also contributed to the Building Our Future Endowment Campaign. I want to be sure that I'm doing my share to support CESJDS today, and well into the future.

Nonetheless, my children and family come first. And yours should, too. While I made a gift to CESJDS in my will, if my will becomes effective after my kids are old enough to support themselves and their own families and are no longer dependent financially on me, then I've structured my gift to automatically increase. This way, I'm committed to CESJDS's future, while placing my current obligations to my family first.

I hope my will becomes effective many years into the future. I support several organizations and I believe it is important to make planned gifts to continue my support of those organizations, after I am no longer physically here.

Lawyers, CPAs, and/financial planners are experienced in helping structure these types of gifts. They know what the best way is to support CEJSDS and other organizations you care about when you are making your future plans.

I am passionate about the idea of supporting CESJDS because it is something special I can do for a school that has done so much to help my family, with absolutely no impact on my or my family's current financial situation. However, right now I'm making sure that I provide for my family first. I hope you will consider doing the same. Please let me know if you'd like to discuss your own planned gift. I'm happy to help.

-Larry Kaplan

Father of Jeremy '15, Ilana (Grade 11), and Daphne (Grade 9)

Where There's A Will There's A Way

Talking about end of life planning isn’t fun, and might seem a little scary. It’s also a critical aspect of managing your assets and protecting your family. A will is a way to enable YOU to decide who gets your valuable assets. If you don’t have a will or an estate plan, the state gets to decide, without regard to your wishes or your family’s needs.

Once you have a will, and have determined how you want to care for your family, you can also make a gift in your will to CESJDS. The simplest way to ensure that you provide for the people and charitable institutions that you hold dear is to make provision for them in your will. A gift to CESJDS in your will may be right for you if:

  • You would like to make a legacy gift to CESJDS
  • You want the flexibility to change your mind
  • You want continued access to your gift assets, should you need them

We encourage you to speak with an estate planning attorney to help you make your plans. Please share the following language with your attorney:

To make a bequest to CESJDS please share the following language with your legal and professional advisors:

I specifically bequeath $____or ____ % of my gross estate to Charles E. Smith Jewish Day School, 1901 East Jefferson Street, Rockville, MD 20852.

If you need help finding an attorney to help you with your estate plans, please contact our Planned Giving office. We are happy and able to assist.

CESJDS Planned Giving

plannedgiving@cesjds.org

(301) 692-4861

Please consult your professional advisors before making any gift. CESJDS is not engaged in providing legal or tax advice.

Tax Advantage for 70 1/2 Year Olds

Donors age 70 ½ or older can transfer a total of up to $100,000 per year, directly from Individual Retirement Accounts to charities such as CESJDS, free from federal income tax. There may also be state income tax savings.

Amounts given in this way count toward required IRA minimum withdrawal amounts for the year of the gift. In order to be tax-free, the donation must go directly from the account to CESJDS, without passing through your hands. Keeping income down by avoiding an IRA distribution can be beneficial to you, and to CESJDS.

You can make a gift from your IRA to pay an existing pledge, or to make a new gift to CESJDS to support world-class Jewish education.

Please consult your professional advisors before making any gift. CESJDS is not engaged in providing legal or tax advice.

Gifts of Life Insurance

Often the original purpose for a life insurance policy no longer exists. You or a spouse may have bought life insurance in order to support and education young children who are now grown, or in order to ensure there are necessary funds available for a surviving spouse.

If those needs no longer exist, your policy can become a powerful and simple way to support future generations of Jewish learners at CESJDS.

A gift of life insurance can be as simple as updating your beneficiary designation form with the life insurance company. You can designate CESJDS as the primary beneficiary for a percentage or specific amount. You can also make us the contingent beneficiary so that we will receive the balance of your policy only if your primary beneficiary doesn't survive you.

Planned Giving with Retirement Plans

If you are considering a planned gift to CESJDS, and you aren’t sure which assets to use, this may help you.

A gift of retirement plan assets can be a surprisingly easy way to reduce potentially very high taxes for your family, and provide support to CESJDS. Retirement plan assets that go directly to charitable organizations are not taxable for income tax purposes or taxable for estate tax purposes.

A gift of retirement plan assets could be right for you if:

  • You have an IRA or qualified retirement plan, such as a 401(k) or 403(b)
  • You do not expect to use all of your retirement plan assets during your lifetime
  • You have other assets, such as securities and real estate, that you want to pass to heirs

You can designate CESJDS on your IRA or qualified plan beneficiary designation form as the beneficiary of all or a percentage of your account. Please contact your plan administrator in order to access the form.

Please consult your professional advisors before making any gift. CESJDS is not engaged in providing legal or tax advice.

For more information, or help with your plans, please contact our Planned Giving office. We are happy and able to assist. plannedgiving@cesjds.org or (301) 692-4861

For more information, or help with your plans, please contact our Planned Giving office. We are happy and able to assist. plannedgiving@cesjds.org or (301) 692-4861

plannedgiving@cesjds.org

(301) 692-4861