Supporting Our Ministries
"Contributions are solicited
with the understanding that the donee organizations has complete descretion
and
administration over the use of the donated funds." (per IRS 1999
Technical Instruction Program)
Outright
Gifts :::
Ministries
and Support Raising Staff List - You may enclose this copy with
your donation.
Credit
Cards
Click HERE for
information about Credit Card Donations. You may use your Visa,
Master, American Express, or Discover card to make donations online.
This service is provided by The CashLINQ Group and is easy, fast,
and secure.
Ministries and Support Raising Staff List
Cash
and Checks
By far, most of the gifts given to JEMS is cash or checks. It's
the easiest gift for a donor to make and for the organization to
receive. If the donor lives outside of the United States, the gift
should be a money order in American dollars. Send to JEMS, 948 East
Second Street, Los Angeles, CA 90012. Ministries
and Support Raising Staff List
If you itemize your deductions, you can take a full tax deduction,
up to 50% of your adjusted gross income and carry-forward any excess
up to five additional years.
Electronic
Fund Transfer
Click HERE for
information about Electronic Fund Transfer. Click HERE
for Withdrawal Authorization Form.
Smart Phone Donations
Send a text to 67463 with the message
JEMSGF and you will receive an instant response
with a line to our
donation site. Enter your credit card info and other data, then
push 'Donate.'
Auto
Donations (Extends the life of the vehicle)
If you have an unwanted car, truck, heavy equipment trailer, mobile
home, boat, or motor home, you can donate it to any of the JEMS
ministries funds. The vehicles do not have to be in working
condition!! For more information, please call JEMS
at (213) 613-0022.
Stocks, Bonds, Real Estate, Tangible Personal Property
Assets such as these that have gone up in value are a great way
to give. You save on capital gains tax and get a charitable income
tax deduction for the full fair-market value.
Tangible
Personal Property
Gifts of
assets like cars, jewelry, art, etc. are also welcomed. You generally
get a tax deduction for the full fair market value.
Gifts Through a Charitable Trust :::
You may be hesitant to give a substantial asset to JEMS because you need the income from the asset to maintain your own standard of living. You can give through a Charitable Remainder Trust, which will pay you a lifetime income. If married, both spouses will be included as income beneficiaries. Funding such a trust with highly appreciated stock will enable you to lock in your gains. Real estate is also a good asset to use, as is cash.
The charitable trust saves you taxes
You save capital gains taxes on highly appreciated assets such as stocks and real estate that you put into the trust. This means that you get an income based on the full value of what you put into the trust, not the net after tax. You get a partial income tax deduction on the value of assets you put into the trust. And you save on estate taxes, because at your passing, the assets will go to JEMS as a memorial in your name.
The charitable trust can help your heirs as well
Because the assets go to JEMS at your passing, you may want to consider an asset replacement option, funded by insurance and paid for by tax savings and increased income from your trust. At your passing, the insurance proceeds would go to your heirs, free of estate tax and probate expenses.
Gifts
through your Will or Living Trust :::
For many, this is an ideal way to give. You retain control over your
assets and have maximum flexibility to plan your estate. At your passing,
you can direct your assets to those causes about which you feel supportive.
Your bequest to JEMS will not only go to a worthwhile cause, but it
will make a statement and leave a legacy that will live on after you
pass away.
Options
for your heirs
It is essential that we all fulfill our obligation to our heirs. Sometimes
it is not the wisest thing to give them everything all at once. While
most heirs can handle this bonanza, some cannot. And once the money
is spent, for whatever reason, it is gone. How can we pay the taxes,
fulfill our obligations, and even consider a gift to JEMS? Consider
the 10/10 plan.
The
10/10 Plan
We have developed a plan that will help you achieve all three objectives
of saving taxes, remembering your heir, and JEMS as well.
Retirement
Plans
For many individuals, giving through their retirement is a wise choice.
There are assets, which, if left to the children, would force the
recipients to pay income taxes on what they receive. It would make
more sense to leave your heirs other assets that would not be subject
to income tax. Your spouse should be the primary beneficiary of your
retirement plan because there is no tax to a surviving spouse. Naming
JEMS as a subsequent beneficiary is a good option for many of our
friends.
While all of these gift giving plans have great benefits, they can be complex. Therefore, before making these gifts, you should first check with your professional advisors.
For more information, please contact JEMS at (213) 613-0022.
