Los Angeles Jewish Home

Q. How does a charitable gift annuity work?
A. The Los Angeles Jewish Home pays you, or you and another person you select, a fixed amount for life, from a monetary or securities gift you give. What's left of your gift after the lifetimes of the people receiving payments helps support our mission to care for our nearly 1,000 residents.

Q. How are the payment amounts determined?
A. The annual rate of your payment is based on your age at the time of the gift. The older you are, the higher your gift annuity rate. Payment rates are locked in for the duration of the gift annuity.

Q. What are my tax benefits for making this type of donation?
A. You qualify for a sizable charitable income tax deduction in the year you set up the gift annuity. In addition, each year, a portion of your payment is income tax-free, until you reach your anticipated life expectancy. Plus, part of your payments may be taxed at a lower capital gains tax rate.

Get Payments When You Need Them
You can also set up a deferred gift annuity where you delay receiving payments until a later date — such as when you reach retirement. You'll get the income when you need it most, and the payout rate and your tax deduction will be significantly higher than that of an immediate payment gift annuity.

If you have questions about charitable gift annuities, please contact Aaron Levinson at (818) 757-4416 or aaron.levinson@jha.org.

Labels: Aaron Levinson, Annuity, Charitable Gift, Donate, Elderly, Fund Development, Life Income Plan, Non-Profit, Philanthropy, Planned Giving, Planning, Seniors, Staff, Why We Give

Have you ever felt a desire to help ensure that the important work of the Los Angeles Jewish Home continues for years to come? If you've silenced that inner voice because you have concerns about your own family's needs, a planned giving option called a life income gift may be your win-win solution.

Many of our donors choose a life income plan to find more flexibility — and often more tax benefits — than they can receive from simply writing a check.

Your Win-Win Solution
A life income arrangement lets you receive regular payments for yourself or others you choose — for example, your spouse, your aging parents, or a sibling — for a lifetime. After the lifetimes of those receiving payments, the remaining assets support our cause.

Other possible benefits of a life income arrangement include:

• Receiving a money-saving federal income tax deduction in the year you make the gift.
• Increasing your current income.
• Qualifying for generous estate and gift tax benefits.

Labels: Aaron Levinson, Charitable Gift, Donate, Elderly, Fund Development, Life Income Plan, Non-Profit, Philanthropy, Planned Giving, Planning, Seniors, Staff, Why We Give

Living life to the fullest — that is what we all strive to do every day. Our golden years present a better opportunity to live life, learn new talents, revisit old hobbies, or seek out new adventures than at any other time in our lives.

Often, seniors must look to the care of others so they can continue to add life to their years. Whether dealing with the normal signs of aging or abrupt emergencies, it pays to be prepared. With a little education and some planning ahead, the transition into the different levels of care can be seamless and nearly stress free.

Starting this month, the Los Angeles Jewish Home's expert staff is organizing four short seminars to help with that education and planning process. From choosing the best in-home caregiver, to in-residence options, advanced directives, and hospice care, we want to help the greater Los Angeles community care better for their aging loved ones.

Our first seminar will be held on Tuesday, May 17th at 6:30pm. Entitled How to Find, Hire, and Manage the Right Caregiver, the Jewish Home's vice president of human resources, Shelly Ryan, and the CEO/administrator of our skilled nursing hospital, Ilana Grossman, will explain what to look for if you or someone you love needs a little extra daily assistance.

Oh, one more thing — all four events are free! But space is limited and reservations are required.

For more information, click on the picture to see the official event postcard. Or, you can visit here to see the web version.

Labels: Aging, Caregiver, Caregiving, Community, Education, Free Seminar, Healthy Aging, Jewish Home Event, Planning, Senior Care, Staff