The Jewish Federation of Tulsa Foundation has a long history of responsibly building and managing endowment and donor advised philanthropic funds to build a strong and sustainable Jewish future in Tulsa and beyond. The JFT Foundation works with professional financial advisors to help create your lasting legacy through your generous charitable donation. Planned giving is an excellent way to make a meaningful impact in your Jewish community while accommodating your personal, financial, estate-planning, and philanthropic goals.
A donation of cash is a simple and easy way to make an immediate impact and receive a charitable income tax deduction. Gifts can be designated for a specific program, purpose or be unrestricted gift to annual campaign to fund operations.
Donating appreciated assets such as stock, bonds or real estate is an easy tax-effective way for you to make a gift. Gifting the property directly to a charity avoids capital gains tax and you receive a charitable income tax deduction. This method maximizes your gift to support the cause most valued by you.
Donating a portion or all of your unused retirement assets, such as your IRA, 401k pension or other tax deferred plan is an easy way to make a legacy gift. Your heirs may receive only fraction of the plan’s value, as inherited retirement plan assets after accessed taxes. Donating the assets directly to charity avoids paying estate and income taxes. This can easily be changed on the beneficiary election form to pass to charity upon death. During your life, a direct distribution to a charitable institution does not trigger income tax for you if you are older than 70 ½.
Life insurance is an excellent vehicle to fund a legacy gift. You can donate a fully-funded whole life policy you no longer need or purchase a new policy and name the Jewish Federation of Tulsa as the owner and beneficiary. Any premium payments are tax deductible while you are alive.
Vehicles such as charitable remainder trusts, charitable lead trusts or a combination of gift options can be tailored to your philanthropic goals and means. Our philanthropic advisor along with your personal legal and tax advisors and help create this plan tailored specifically to you.
We know that you desire to support the Jewish Federation of Tulsa as well as other worthy charitable causes. A Donor Advised Fund (DAF) is a vehicle that enables you to receive tax benefits immediately have access to a professionally managed portfolio, and make charitable impact simple, effective and long lasting. A DAF is a named fund held at the JFT Foundation that enables you to support any IRS approved charitable organization. Once established, you, your family or any designated advisor can make recommendations on distributions at any time to support causes of specific interest to you. This is a great vehicle to invest in the future of the Jewish community and teach your children about philanthropic values. A minimum contribution of $10,000 is required to establish a Donor Advised Fund.
The Tulsa community benefits every year from donors who create legacy gifts of permanent endowments that support our annual campaign, building, and community programs. An endowment is a gift maintained in permanence with the earnings providing annual support. Endowed gifts plant a tree that bears fruit (earnings) to ensure Jewish institutions and traditions available today are available for generations to come. These gifts are a fundamental component to ensuring a vibrant Jewish future.
Common purposes of endowment funds are for unrestricted operations, Lion of Judah, to support annual campaign and to support other programs impactful and meaningful to you. We also accept donations for existing endowment funds to grow its base and future impact.
There are many options for donors to deepen their philanthropic impact. When considering these gift strategies, you should always consult with your own legal counsel and tax advisors. A philanthropic advisor at the Jewish Federation of Tulsa is happy to work with these professional advisors to design a gift plan that will serve your needs and giving goals, as well as those of the Jewish community. A minimum gift of $100,000 is required to establish an Endowment.
The addition to or creation of an annual campaign endowment fund demonstrates your belief in the continuity of Jewish life for generations to come. Your investment will continue to care for Jews in needs, Jewish causes, and ensure a vibrant Jewish future in Tulsa and around the world in perpetuity.
Designated funds are a vehicle to raise support specific programs or causes. All distributions from the funds are to support those specific purpose identified at the fund’s establishment. These funds are great for a group of community members that want to unify and raise awareness and support collectively.
The JFT Foundation already hold several designated funds which can still receive donations. Contact us to discuss the best funds to meet your needs at firstname.lastname@example.org.
This is a fund established at the JFT Foundation that works as a charitable bank account. All donations to the fund are tax deductible at the time of the gift, professionally managed and distributable to any qualified charitable organization, Jewish or non-Jewish.
All donations are tax deductible. Below is a list of funds held at the JFT Foundation that are currently accepting public donations.
To learn how you can contribute to a specific fund, please contact email@example.com.
We are happy to speak to you directly about your donation and giving plans. Please call us with questions at 918-495-1100 or send an email to firstname.lastname@example.org. Making a difference with philanthropy!