Did you know that you can easily play a huge role in permanently meeting the challenges and needs of the Jewish community? Here are some gifts that you can make right now and help serve the needs of people in Hampton Roads, the United States, Israel and nations worldwide.
Gifts of cash:
A donation of cash is the most direct way to support the Tidewater Jewish Foundation. You benefit from a charitable tax credit while you promote the Jewish values you cherish. You can make your gift online [link to Donate page] or by sending a check or money order by mail to the Tidewater Jewish Foundation:
Tidewater Jewish Foundation
5000 Corporate Woods Drive, #200
Virginia Beach, VA 23462
If you are sending a check or money order, please let us know if you would like your gift to be used for a specific purpose.
Recommend a grant from your Donor Advised Fund:
You can recommend a grant to support men, women and children in our community with programs that promote, strengthen and preserve Jewish culture. To initiate a grant recommendation, simply use the link below to take you to your account holder’s site.
If you have a Donor Advised Fund through the Tidewater Jewish Foundation, use this link to log in to your Donor First portal.
IRA charitable rollover — a permanent giving option:
Many donors like using their IRA to help individuals and families in need because it lowers their taxable income and 100% of the contribution goes to charity. Here’s how it works:
- You must be 70 ½ or older.
- An individual may transfer up to a total of $100,000 per year and a married couple may give up to $200,000.
- Your gift must be transferred directly from the IRA account to the Tidewater Jewish Foundation.
- Your gift is a transfer of funds from your IRA to the Tidewater Jewish Foundation, so it does not create taxable income for you and is not considered a charitable tax deduction.
- The transfer of funds counts towards your annual required minimum distribution from your IRA.
If you’re interested in this popular way to support the Tidewater Jewish Foundation, download a sample letter for your IRA administrator.
Memorial or tribute gift:
A memorial or tribute gift for the Tidewater Jewish community is a meaningful way to express your love, admiration, and gratitude for someone special. Your gift will honor your loved one(s), create a lasting tribute, and support the Tidewater Jewish Foundation and our shared mission
for years to come. A memorial or tribute gift connects you and your loved one(s) with the Jewish traditions you value most.
Endowment: Establishing an endowment is a powerful way to impact the future of Jewish traditions and values in our community. An endowment is essentially a never-ending donation because only the income earned on the principal is used by the Tidewater Jewish Foundation. This type of gift allows the principal of the gift to remain intact, ensuring the future strength and viability of the Tidewater Jewish Foundation to carry out programs that strengthen and preserve our Jewish heritage.
Gifts of real estate: You can donate appreciated real estate, such as a home, vacation property, undeveloped land, farmland, ranch, or commercial property. This is an easy and effective way to fund a gift for the Tidewater Jewish Foundation to meet the needs of our community for years to come. What’s more, you can leave this generous gift and use the property throughout your lifetime. You may also receive a tax deduction for your gift.
Gifts of securities: Stocks, bonds, and mutual funds that have appreciated in value are among the best ways to support the Tidewater Jewish community for years to come. You may receive a charitable income tax deduction for the full market value of the stock (up to a maximum of 30% of your adjusted gross income) and avoid paying the capital gains tax on any increase in the value of the stock.
Gifts of closely held business interests: You can create an effective legacy gift with donations of business interests such as stock in a closely held corporation, S-corporation stock, and shares in a professional corporation. When you give this special gift, you receive a charitable income tax deduction for the full fair market value of the shares without capital gains liability.
We recommend consulting with your financial advisor and with the Tidewater Jewish Foundation to determine the best way to achieve your philanthropic goals. Please contact Scott Kaplan, President and CEO, at 757.965.6109 or firstname.lastname@example.org.