|October 2020 |
A MESSAGE FROM THE FOUNDATION OF
THE GREATER MIAMI JEWISH FEDERATION
As we embark upon 5781 on the Hebrew calendar and begin to approach the end of 2020, we have a lot to reflect upon and much to look forward to and yearn for in the days, weeks and months ahead. As the secular calendar turns to October, we also begin to reflect upon the past year from a financial and fiscal perspective and take stock of where we are. It is a good time to think about what goals we have accomplished and what we may want to achieve before year’s end. Have we made a meaningful impact on the community in which we live today and for tomorrow?
As part of the planning process, join us on Tuesday, October 20 at 1 p.m. for a virtual program focused on talking with the next generation about philanthropy titled, Why Now is the Perfect Time to Have a Conversation About Values, Giving and Your Family’s Legacy. Nanette Fridman of Fridman Strategies will be our featured speaker. Click here to learn more and to register for this program. This special program is part of our Second Foundation Stakeholder Briefing, where we will also share an investment update and The Foundation’s goals for the coming year.
We wish you and your family a happy, HEALTHY and sweet New Year ahead!
HILDE BERETZ SMISSMAN, GOLDEN CARE DONOR,
Hilde Beretz Smissman has seen a lot in her 100 years of life. She was born in Cologne, Germany and recalls, “Our city was a friendly mix of Jews, Catholics and Protestants.” That all changed two days after Kristallnacht on November 11, 1938. Hilde and her mother quickly left the city and were on the run until the end of World War II. In 1948, Hilde arrived in New York as a refugee from Germany on a U.S. Liberty ship with the help of the American Jewish Joint Distribution Committee (JDC), an overseas partner agency of the Greater Miami Jewish Federation. She settled in Chicago and later moved to Miami. Click here to read more about her remarkable life and her legacy gift to the Jewish community.
DONOR-ADVISED FUNDS: A TAX-SMART WAY TO MAXIMIZE YOUR CHARITABLE GIVING
Similar to a checking account for your charitable giving, a Donor-Advised Fund allows you to make charitable contributions and realize significant tax advantages when the time is right for you.
Here is how it works:
• Establish the fund with The Foundation of the Greater Miami Jewish Federation with as little as $5,000 using cash, stock or other appreciated assets.
• Receive an immediate tax deduction with your donated assets and avoid capital gains taxes by giving stocks.
• The Foundation manages the fund with the goal of long-term growth, which may give you more to donate in the future tax-free.
• Make charitable recommendations on your own timetable to almost any philanthropic organizations — Jewish or secular, local or global.
• The Foundation handles the management, paperwork and necessary tax reporting for you.
• The Foundation can provide you with educational tools and resources to engage your children and grandchildren in effective grant-making and match your family’s interest and values with those organizations and causes most meaningful to you.
For more information, please contact Scott Kaplan, Foundation Director, at 786.866.8623 or email@example.com or Jill Hagler, Director of Foundation Development, at 305.613.8606 or firstname.lastname@example.org.
IN THEIR OWN WORDS...
Mojdeh and Robert Danial
“We created our Donor-Advised Fund (DAF) through the Greater Miami Jewish Federation because we believe our philanthropic dollars belong primarily within the Jewish community. We hold family meetings to consider our gifts; the DAF simplifies management and implementation of those grants, especially using the electronic platform.” Click here to read more.
Jill Nexon Berman
“I love my Donor-Advised Fund; it simplifies my charitable giving while also offering me tax savings. I established my fund using appreciated stock, which gave me an immediate tax deduction for its fair market value without having to pay any capital gains taxes.” Click here to read more.
SOUTH FLORIDA PROFESSIONAL ADVISORS COLLABORATIVE ANNOUNCES INAUGURAL SEMINAR
The South Florida Professional Advisors Collaborative — a partnership of the Greater Miami Jewish Federation, the Jewish Federation of Broward County, the Jewish Federation of Palm Beach County and the Jewish Federation of South Palm Beach County — is hosting an inaugural one-hour webinar for professional advisors on October 15 at 8:30 a.m. on the topic of Potential Changes in the Political Landscape and the Impact on Your Clients’ Planning. Click here to read more.
Stay Connected with Your Jewish Community
Your Donor-Advised Philanthropic Fund at The Foundation
As the current crisis has changed the way we do business, we want you to know The Foundation continues to be fully operational and is making grants on a weekly basis in support of charitable organizations in our local community and around the world. If you already have a Donor-Advised Fund with The Foundation, we encourage you to access your fund through our secure donor portal site. It’s as easy as 1-2-3 and we are here to show you how to securely login with your unique username and password to access your fund, check balances, make grant recommendations, see your giving history and more. Read more.
About The Foundation
Whether you want to make a difference in the world, reduce your taxes or benefit from an increased income stream, The Foundation of the Greater Miami Jewish Federation is ready to work with you, your family and your professional advisors to help you meet your philanthropic goals and find ways to give smarter.
Your Foundation gift can feed the hungry, care for vulnerable, elderly Jews, educate children or fulfill the vision you have for a better tomorrow for the Jewish people. If you want to strengthen Jewish identity, safeguard Jews in Israel and around the world or encourage the next generations to embrace their rich Jewish heritage in meaningful and innovative ways — or all of the above — The Foundation can turn your philanthropic aspirations into reality.
Steve Foldes, Chair of The Foundation
Scott Kaplan, The Foundation Director
Shelly Brodie, Forever Lions Chair
Steven A. Wagner, Investment Committee Chair
Jill Hagler, Director of Foundation Development
Gabriel Simkin, Investment Analyst
Professional Advisors Council (PAC)
Susan Morrison, Chair
Adam Kaplan, Director
Golden Care Foundation
Paul Kruss and Dr. Joseph Singer, Co-Chairs
Mindy Tucker, Golden Care Director
Miriam Masia, Golden Care Assistant Director
Isaac K. “Ike” Fisher, Chair of the Board
Jacob Solomon, President & CEO
Ariel Bentata, General Campaign Chair
Jeffrey Y. Levin, Chief Development Officer
Abbey Feinberg, Annual Campaign Director