How to Give to the Jewish Federation of Louisville
Unique lives create unique outlooks when it comes to financial planning for today and tomorrow. There are multiple options available to you and the Jewish Federation of Louisville is here to help you understand them. Thoughtful planning now can help you provide for yourself, your family and future generations in the Jewish community.
You can contribute cash, stock, appreciated assets, life insurance or retirement plan assets. You can leave a bequest or a charitable trust. Explore them all online or contact the Jewish Federation of Louisville (502) 238-2755 to discuss the option right for you.
A gift of appreciated securities is a popular alternative to a cash gift because it actually saves
taxes twice. You receive an income tax deduction for the full fair market value of your securities (if you’ve held them for more than one year) plus you also save the capital gain tax on the appreciation. Appreciated securities can be given as part of an Annual Campaign gift or as a contribution towards an endowment with the Jewish Foundation of Louisville. Contact us at (502) 238-2739 for individualized advice on your gift. Thank you for your generosity.
Other Ways to Give to the Federation Annual Campaign
Marketable Securities (Stock)
One of the most advantageous ways to make a charitable contribution could be the donation of appreciated stock or stock subject to conversion that could avoid capital gains tax. Many of you are currently taking advantage of making your charitable contributions by transferring securities to the Jewish Federation of Louisville to pay your Annual Campaign pledge. If you are paying with stock, or wish to pay with stock in the future, the following information will help assure the timely execution and proper application of the proceeds.
Methods of Transfer
If your security is held in a brokerage account it may be electronically transferred by DTC from your account to our broker, Morgan Stanley. The DTC needs to include the Jewish Federation of Louisville’s account number, DTC, and the donors name. You may obtain the necessary information from the development department at (502) 238-2739. When instructions are issued to your broker to issue the transfer, please send a copy of those instructions to the Jewish Federation at email@example.com.
A stock certificate in the donors name may be assigned to the Jewish Federation of Louisville without the donor having the certificate re-issued in the Federation’s name. The stock certificate will need to be signed on the back exactly as it is issued accompanied by a transfer letter requesting the shares be transferred to the Jewish Federation of Louisville. The letter needs to include the date, number of shares to be transferred, name of the shares, certificate number, and signature. If hand delivered to the Federation the donor needs to obtain a signed receipt. If the certificate is mailed it should be sent to the Jewish Federation of Louisville by registered, insured mail. Jewish Federation of Louisville, 3600 Dutchmans Lane Louisville, KY 40205. Download a stock transfer sheet here.
The Jewish Federation of Louisville does not provide legal advice. Donors are encouraged to consult their independent tax and legal counsel.