High Holidays provide another reason to establish Legacy at Tidewater Jewish Foundation

by | Sep 8, 2022 | Other News

During the High Holidays, it is common for Jewish people to reflect on what they are thankful for. Gathering with loved ones and friends during this time is a powerful experience, especially after an era of social distancing and virtual calls. It’s not surprising, then, that many donors and philanthropists ask themselves questions, such as: What will my philanthropic legacy be? Will it support the community institutions I care about? Will it reflect my family’s values?

Tidewater Jewish Foundation offers a variety of programs and methods for those looking to establish a legacy. LIFE & LEGACY, made possible through TJF’s partnership with the Harold Grinspoon Foundation, promotes after-lifetime giving to sustain valued organizations and Jewish communities. The program was founded on the principle that everyone, regardless of age, wealth, or affiliation, can make an enduring financial impact. The Jewish Future Pledge, another program offered by TJF, is a worldwide movement working to ensure that vibrant Jewish life continues for future generations. The Jewish Future Pledge is a commitment that at least half of the funds left to charity at the time of one’s death are earmarked to support the Jewish causes and/or the State of Israel.

When thinking long-term, updating a will may be a good place to start. By updating or creating a will, it is possible to ensure that philanthropic goals extend to the next generation and the community for years to come. Better yet, a bequest by will is the easiest and most common choice for a legacy gift as it costs nothing today. TJF’s LIFE & LEGACY and Jewish Future Pledge programs also offer options to make commitments through a will, providing current and prospective donors tremendous flexibility to leave a legacy that will last generations. Don’t have a will? TJF works with a variety of lawyers and professional advisors and can make a referral to help get started.

No matter one’s philanthropic goals, TJF has the tools and expertise to help start or continue the process. In fact, the new gift planning section of TJF’s website offers plenty of options—including bequest language—to kick-start a legacy. TJF will work with the donor’s professional advisors, family members, and loved ones to establish the most effective ways to make a legacy last for generations to come.

For more information, contact Naomi Limor Sedek, Tidewater Jewish Foundation president and CEO at 757-965-6109 or email nsedek@ujft.org.

Thomas Mills