The Tidewater Jewish Foundation (TJF) helps people achieve charitable goals while maximizing tax benefits and providing lasting endowment resources. We work will individuals, families, and financial professionals to help optimize your impact.
We manage funds to meet the long-term financial needs of the Tidewater Jewish community. Our foundation invests these funds, allocating a portion of the earnings to address community needs.
How to Make a Donation
We offer several channels through which donors can make meaningful contributions, with options for distributions to be made during the donor's lifetime or after death. Below are some of the most common channels used by donors. Please contact us for additional options not listed below or to discuss any of these options further.
Cash Gifts
Used to make an impact today or set aside and allowed to grow so you can make a greater impact tomorrow.
IRA Designation / Gift of Retirement Assets
If you are over age 70 1/2, a tax advantaged gift option, particularly after recent federal tax changes.
Life Insurance
Designate TJF as the beneficiary of a current policy or establish a new policy to benefit one or more organizations. Matching funds available.
Bequest by Will
The easiest and most common option for a legacy gift as it costs you nothing today.
Marketable Securities
Stocks, bonds, or other appreciated securities gifts avoid capital gains and provide an immediate charitable deduction based on current market values.
Real Estate Gifts
Can help you avoid a capital gains tax.
Life Estate Reserved
Transfer your home (or vacation property) to TJF and receive a tax benefit while maintaining lifetime use.
Ways to Give
The way you package your gift depends on your goals: Do you want to include your children or other loved ones in the process? Is flexibility important? Tax savings?
Through TJF, donors have several options through which to make meaningful contributions and establish charitable giving. Below are some of our most common funds available. Please contact us for additional options not listed below or to discuss these options further.
Donor Advised Funds (DAFs)
These funds are used like charitable savings accounts and are a great strategy for maximizing income tax deductions!
- Receive an immediate tax benefit
- Recommend charitable grants throughout the year
- Multiple generations can advise on a DAF
- 24/7 online fund access
- Matching funds available
TJF Unrestricted Fund
Support grants for new, innovative programs and emergency needs in the local Jewish community.
Restricted Fund
Gifts can benefit specified organizations or causes and often make distributions at a specified spending rate.
Endowed Fund
Gifts can benefit specified organizations or causes and often make distributions at a specified spending rate.
Charitable Remainder Trust
Typically, a significant asset funds this type of trust and earnings provide income for you / your loved one's life or a term of years, then the trust's remainder assets will be left to charity.
Charitable Lead Trust
Typically, a significant asset will be fund this type of trust and the earnings generated will benefit the charity for a term of years, after which the trust's assets will be transferred to your family.