Planned gifts carry many tax advantages and include:
- Bequests
- Trusts
- Gifts of life insurance
- Annuities
The easiest planned gift is a simple bequest or living trust. Each planned gift option helps to ensure that, in years to come, the World Union for Progressive Judaism will be able to continue its vital mission of supporting modern, pluralistic congregations and institutions, developing Jewish communal and youth leadership and advancing social justice.
Other options include making a specific bequest to the World Union of cash, securities or other property; bequeathing the World Union all or a portion of your residuary estate or making the World Union a contingent beneficiary or a remainder beneficiary.
We encourage you to speak with your family and financial advisor about your plans. For further information about ways of contributing to the World Union for Progressive Judaism, e-mail us at wupj@wupj.org.
Sample Bequest Language
As with most organizations, the World Union’s activities may change over the years, and we must be able to respond to the emerging needs of our Progressive movement communities and congregations. To ensure that your bequest may be used most effectively, we encourage you to include the following language in your will:
“If at any time in the judgment of the World Union for Progressive Judaism it is impossible or impractical to carry out exactly the designated purpose, the World Union shall determine an alternative purpose as near as possible to the designated purpose.”
A general bequest:
“I give (________ dollars), (a specific asset) or (______ percent of the rest, residue, and remainder of my estate) to the World Union for Progressive Judaism (WUPJ) for its general purposes.”
A bequest for a designated purpose:
“I give (_______ dollars) (a specific asset) or (_____ percent of the rest, residue, and remainder of my estate) to the World Union for Progressive Judaism (WUPJ) to be used for the following purpose: (for example: International Reform youth activities, Progressive Judaism in Israel or the former Soviet Union, leadership development).”
Did you know that you can support WUPJ through your Individual Retirement Account (IRA)?
Here’s all you need to know:
- Anyone age 70 ½ and older can make this kind of a gift
- Limit is $100,000 per donor per year
- As long as your gift is made directly from your plan administrator, qualifying IRA gifts will not be subject to U.S. federal income tax and will count toward any minimum distribution. Please consult your plan administrator and financial advisor as state laws very.
- Please remember to email or call us with the name of your financial institution and amount of your gift.
To complete your forms, please use the following information:
Legal Name: World Union for Progressive Judaism
Address: One West Fourth Street, Suite 517A, New York, NY 10012
Tax ID: 13-1930176
To learn more, contact us at wupjis@wupj.org.il.