What is it?
A Lion of Judah Endowment Fund (LOJE) ensures that your gift of $5,000 or more to the Jewish Federation of Pittsburgh's Annual Campaign continues for future generations. The fund is created in your name at the Jewish Community Foundation and permanently endows your gift to the community. A LOJE is also a powerful statement of your commitment to tzedakah, providing a legacy for you, your family, and your community.
How does it work?
You can create a Lion of Judah Endowment Fund with a minimum gift of $100,000 either during your lifetime or after your lifetime through your estate plan. The Jewish Community Foundation manages the fund, and the annual spendable portion of the fund is used to perpetuate your gift to the Annual Campaign. The gift can be made with many types of assets including cash, appreciated securities, real estate, life insurance, charitable trusts or gift annuities, retirement assets and donor advised fund recommendations.
What are the benefits?
You may receive a charitable income tax deduction if you make a gift to establish a fund during your lifetime. If you make the gift through your estate plan, your estate may receive a charitable estate tax deduction.You continue your commitment to the Annual Campaign in perpetuity by providing a permanent source of funding for your gift. You invest in the future of the Jewish community by ensuring that the vital operating needs of the community are met in the future.You set a powerful example for women today and in the future.
For more information about how you can establish an endowment fund, please contact Sharon W. Perelman, Esq., at 412-992-5224 or email@example.com.