1) Include a bequest provision in your will (or trust).
By designating a bequest to FLAME in your will or trust of a specific amount of cash or a specific percentage of your assets, you can create a permanent legacy to support the State of Israel. There is no limit on the amount you may set aside from your estate: you can make a gift as large or small as you prefer. You may choose to make a gift of cash, securities, or other property. The size of your taxable estate will be reduced by the value of your gift.
2) Make a provision in your life insurance policy
For a number of reasons, life insurance is a convenient and easy way to making charitable gifts. You can designate “Keep the FLAME Alive” as the beneficiary of a new or existing policy, thereby providing an “amplified” gift that enables you to create a legacy on an installment plan. Through a relatively small annual cost (the premium), a far greater benefit than otherwise possible can be provided for charity. This sizeable gift can be made without impairing or diluting the control of a family business or other investments. All other assets earmarked for family members can be kept intact. If you irrevocably designate FLAME as the beneficiary or owner, the amount of premium you pay each year is an income tax deduction.
3) Make a designation in your individual retirement account (IRA) or pension or profit sharing plan
If you are over the age of 70 ½, your retirement assets can now provide and benefit FLAME and its educational programs in a tax-advantaged way. The IRA Charitable Rollover now allows charitable donations to be made directly from your IRAs to FLAME for up to $100,000. If you and your spouse are both 70 ½, you may each be eligible to make such a gift. This type of donation can also be used to satisfy your annual Required Minimum Distribution amount.
4) Make an outright gift by donating cash, securities, real estate or personal property
A current gift of cash or other property to “Keep the FLAME Alive” can establish a permanent endowment during your lifetime that will make distributions to FLAME and allow FLAME to continue its important work to fight media lies, misinformation and antisemitism by educating Americans on the truth about Israel and the Jewish people. The fair market value of a gift is tax deductible to the fullest extent allowed by law. Additionally, capital gains in appreciated securities are waived.
