Charitable investments that will reap everlasting benefit are the hope of so many caring people. Leaving behind impressions that will make a positive difference on future generations is the desire of so many loving people. Now, with over a century of caring for the orphaned and homeless of Israel, the Zion Orphanage is at a very exciting stage of development. We are, more than ever, planning for the future of the children and of the organization that cares for them. Now available is a new way to maximize the benefits of your generosity: the Legacy Investment Program (LIP).
The Program
Known in the world of philanthropy as Planned Giving, LIP is a set of ways a donor can leave money or assets to a non-profit at his or her passing; or a way to invest money so that the donor receives benefits during his or her lifetime and then bequeaths the remaining funds to the non-profit.
Planned giving has become one of the most powerful philanthropic tools available today. It's also becoming increasingly popular as more and more people realize the positive and significant benefits for their heirs, for themselves and for the organization about which they care so much.
Your investment in the Zion Orphanage's LIP enables generations of children who have no stable, nurturing and independent home environment to become self-sufficient, as well as becoming capable of supporting themselves and their families as they become assets to their communities.
Benefits
Whether your reasons for giving are altruistic or simply tax-reduction related, the benefits of Legacy Investment are powerful ones. Consider:
Making a difference
People yearn to make a difference during their lifetime and to leave behind an everlasting positive and inspirational impression that they graced this world. Legacy offers a way to make that difference, far beyond the measure of a lifetime.
Satisfaction
Knowing that you are giving to those who are unable to provide for themselves. Knowing your assistance will lead the children to emulate you by providing for themselves and others as well.
Control
Reducing the risk of your wishes being hindered by circumstances beyond your control, while making a statement about the things most important to you.
Peace of mind
Ensuring that family and financial matters are resolved privately. Also, there will be no more often agonizing decisions over where your investment will be made. And, making your charitable choices now instead of later - or never. Unfortunately, too many people wait and never realize their true wishes.
Financial
Decreasing your current taxes and/or lowering the taxes your estate will be required to pay. Also, you will be committing to a future gift without substantially affecting your income today.
A planned gift to the Zion Orphanage will be a tremendous benefit to the century-old home for the homeless and its graduates. Hopefully you will find a giving option that meets your Legacy Investment objectives.
Ways to Give
The Zion Orphanage offers a range of planned giving arrangements, the most common being gifts of expectancies such as bequests, retirement plans and life insurance designations. Expectancies involve a promise by a donor to make a gift to the Zion Orphanage at some future date while retaining the option to revoke that promise at any time prior to the donor's passing.
Before deciding which option suits your legacy objectives, we recommend that you seek independent professional advice to ensure that you receive the maximum tax and legal benefits allowed for your gift.
Bequest
A bequest is a written statement in a donor's Will directing that specific assets, or a percentage of the estate, be transferred to charity following the donor's passing. It is the easiest way for the benefactor to assist the Zion Orphanage. The Zion Orphanage can accept and provide charitable receipts for both cash bequests and gifts in kind. We can also assist with drafting the bequest. Click here to download a pdf with all of the relevant information.
Life Insurance
There are various methods by which a life insurance policy may be contributed to the ZO. A donor may:
A. Assign a paid-up policy;
B. Assign a life insurance policy on which premiums remain to be paid; or
C. Name the Zion Orphanage as a primary or successor beneficiary of the proceeds.
When ownership is assigned to the Zion Orphanage, the donor is entitled to a tax-deductible receipt for the net cash value of the policy. In addition, all future premiums paid for by the donor will be tax-deduactible gifts to the Zion Orphanage.
Registered Retirement Savings Plans (RRSPs) and Registered Retirement Income Funds (RRIFs)
Include in your Will all or part of your RRSP and your RRIF to be bequeathed to the Zion Orphanage.
Publicly traded stock
Real Estate
Acceptance of real estate gifts will be conditional to review by management because of their high level of complexity.
Additional Information
Taxes in the U.S.
Donors in the United States are able to benefit from the non-profit status of the Zion Orphanage in the US. Our official name in the US is, "Zion Orphanage, Inc.", registered with the IRS under Number 13-5626348.
Taxes in Canada
Our official name in Canada is, "The Canadian Friends of Zion Orphanage", registered under the Number 893481283 RR0001.
Taxes in the United Kingdom
Our official name in the UK is, "Friends of Blumenthal Orphanage", registered under the Number, 1090082.
Taxes in Israel
Our official name in Israel is,"Zion Orphanage, Blumenthals", registered under the Number 58-003-105-2.
Please contact us with any questions or requests for more information on the Zion Orphanage's LIP Program. It will be our pleasure to talk with you and your advisors to ensure your planned gift fits your wishes, financial objectives, family needs, tax situation and our funding objectives.
To submit a bequest or request more information, contact:
LIP@ZionOrphanage.com OR Zion Orphanage LIP Program 16 Hoshea St. Blumenthal Square Jerusalem, Israel 91050 From abroad: +972-52-714-7531 From Israel: 02-537-6091
Donate now to provide a warm and loving home in Jerusalem.
Planned Giving
Securing your place in the heart of Jerusalem.
LIP (Legacy Investment Program)
The Program
Planned giving has become one of the most powerful philanthropic tools available today. It's also becoming increasingly popular as more and more people realize the positive and significant benefits for their heirs, for themselves and for the organization about which they care so much.
Your investment in the Zion Orphanage's LIP enables generations of children who have no stable, nurturing and independent home environment to become self-sufficient, as well as becoming capable of supporting themselves and their families as they become assets to their communities.
Benefits
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A planned gift to the Zion Orphanage will be a tremendous benefit to the century-old home for the homeless and its graduates. Hopefully you will find a giving option that meets your Legacy Investment objectives.Making a difference
People yearn to make a difference during their lifetime and to leave behind an everlasting positive and inspirational impression that they graced this world. Legacy offers a way to make that difference, far beyond the measure of a lifetime.Satisfaction
Knowing that you are giving to those who are unable to provide for themselves. Knowing your assistance will lead the children to emulate you by providing for themselves and others as well.Control
Reducing the risk of your wishes being hindered by circumstances beyond your control, while making a statement about the things most important to you.Peace of mind
Ensuring that family and financial matters are resolved privately. Also, there will be no more often agonizing decisions over where your investment will be made. And, making your charitable choices now instead of later - or never. Unfortunately, too many people wait and never realize their true wishes.Financial
Decreasing your current taxes and/or lowering the taxes your estate will be required to pay. Also, you will be committing to a future gift without substantially affecting your income today.Ways to Give
Before deciding which option suits your legacy objectives, we recommend that you seek independent professional advice to ensure that you receive the maximum tax and legal benefits allowed for your gift.
Bequest
A bequest is a written statement in a donor's Will directing that specific assets, or a percentage of the estate, be transferred to charity following the donor's passing. It is the easiest way for the benefactor to assist the Zion Orphanage. The Zion Orphanage can accept and provide charitable receipts for both cash bequests and gifts in kind. We can also assist with drafting the bequest. Click here to download a pdf with all of the relevant information.Life Insurance
There are various methods by which a life insurance policy may be contributed to the ZO. A donor may:
A. Assign a paid-up policy;
B. Assign a life insurance policy on which premiums remain to be paid; or
C. Name the Zion Orphanage as a primary or successor beneficiary of the proceeds.
When ownership is assigned to the Zion Orphanage, the donor is entitled to a tax-deductible receipt for the net cash value of the policy. In addition, all future premiums paid for by the donor will be tax-deduactible gifts to the Zion Orphanage.
Registered Retirement Savings Plans (RRSPs) and Registered Retirement Income Funds (RRIFs)
Include in your Will all or part of your RRSP and your RRIF to be bequeathed to the Zion Orphanage.
Publicly traded stock
Real Estate
Acceptance of real estate gifts will be conditional to review by management because of their high level of complexity.Additional Information
Taxes in the U.S.
Donors in the United States are able to benefit from the non-profit status of the Zion Orphanage in the US. Our official name in the US is, "Zion Orphanage, Inc.", registered with the IRS under Number 13-5626348.Taxes in Canada
Our official name in Canada is, "The Canadian Friends of Zion Orphanage", registered under the Number 893481283 RR0001.Taxes in the United Kingdom
Our official name in the UK is, "Friends of Blumenthal Orphanage", registered under the Number, 1090082.Taxes in Israel
Our official name in Israel is,"Zion Orphanage, Blumenthals", registered under the Number 58-003-105-2.Please contact us with any questions or requests for more information on the Zion Orphanage's LIP Program. It will be our pleasure to talk with you and your advisors to ensure your planned gift fits your wishes, financial objectives, family needs, tax situation and our funding objectives.
To submit a bequest or request more information, contact:
LIP@ZionOrphanage.comOR
Zion Orphanage LIP Program
16 Hoshea St.
Blumenthal Square
Jerusalem, Israel 91050
From abroad: +972-52-714-7531
From Israel: 02-537-6091