With 2022 only a few weeks away, now is an excellent time to consider tax-savings ideas:
- The 2020 CARES Act provision that allowed $300 in charitable donations to be deducted without itemizing has been extended to 2021. The deduction limit is per person, so couples filing jointly can deduct up to $600 total.
- Use appreciated assets to make a charitable gift in 2021. The stock market has had a historic run. By donating appreciated stocks or mutual funds, you get a tax deduction for the total value of the stock you contribute and avoid capital gains tax.
- For donors 70 ½, you can direct distributions from your IRA to the Jewish Federation.
- Contact the Oregon Jewish Community Foundation and establish a Donor Advised Fund. When you contribute to the fund you will get the full charitable deduction, save on capital gains taxes, and you will recommend your philanthropic grants in the future. Please contact the OJCF at 503-248-9328 or visit online at www.ojcf.org.
Disclaimer: The Jewish Federation does not provide tax advice. Please consult with your professional advisor before taking any action.
I am a sports fan and love this opportunity for high school and college students. Maccabi USA is proud to announce the launch of a new program, offering a unique, international experience for aspiring sports media professionals. A group of 14 students will be selected to cover the 21st Maccabiah (global Jewish Olympics) in Israel. Students will further develop their skills in play-by-play, sideline reporting, anchoring, video production, interviewing, camerawork, editing, sports reporting, streaming, and social media.
If interested, apply here. The final Maccabi Media team will be announced in January 2022 and will then begin virtual and in-person training sessions leading up to July’s event. For more information, please contact Neal Slotkin.
Join internationally renowned Harvard professor Dr. Chris Willard to explore the foundations of resilience and how grandparents can cultivate qualities of resilience in our grandchildren, among them kindness and generosity, honesty, patience, and steadiness. Dr. Willard will use tools from positive psychology, neuroscience mindfulness, and spirituality as we explore techniques that have boosted human resilience in the face of adversity for generations. He will include experiential exercises along with simple takeaway tips for you and your family. You can register for the program here.
Earlier this week, including this morning, I had the opportunity to share my perspective on the “past, present, and future of the Jewish Federation.” Thank you to those who made time to join me and the excellent questions raised.