New Organizations Join Second Wave of Create Your Jewish Legacy
Create Your Jewish Legacy (CYJL), the community-wide legacy gift program, announced the launch of a second group of local organizations (first cohort pictured). The Create Your Jewish Legacy program is the local manifestation of a recent national push to promote legacy giving in Jewish communities. Cincinnati’s program began with a first cohort in fall of 2014. Nationally acclaimed for its successes, CYJL’s two-year program has won over $145,000 in additional grants for participating organizations and raised an estimated $22 Million in future gifts. More >
The Kuresmans Plan for the Future
Ed and Jessica Kuresman recently sat down for a video to talk about why they included Rockwern Academy in their legacy planning.Both alumni of the Jewish Federation’s LEAD program, they have been active Jewish community members at their Congregation, Adath Israel, as well as with the Jewish Federation. Jessica with Women’s Philanthropy and Ed both as a past YAD board chair and currently as part of National Young Leadership Cabinet. In thinking about their passion for all three organizations they knew it was important to ensure their future and included them in their recent legacy commitment.
Philanthropist of the Year: Richard Rosenthal
Outstanding Volunteer: John Silverman
Mazel Tov to Richard Rosenthal, longtime supporter of the Jewish community including Jewish Family Service, JVS Career Services, and the Jewish Federation of Cincinnati, for being named Philanthropist of the Year by Movers & Makers Cincinnati. "Richard Rosenthal was a scrawny kid. As he entered his freshman year at Walnut Hills High School he was not quite 5 feet tall and a shade under 100 pounds. More >
Mazel Tov also to John Silverman, Vice President for Planning and Allocations for the Jewish Federation of Cincinnati, for winning for Movers & Makers Cincinnati Volunteer of the Year. "John I. Silverman was new in town, just hanging out at an event, when he realized that he wanted more in his life than his satisfying career as a real estate developer. “I wanted to do something of significance,” he said. More >
Both men were also honored at the Association of Fundraising Professionals, Greater Cincinnati chapter, on November 15, in at their annual luncheon in celebration of National Philanthropy Day.
Meet James Miller and watch his video
Jimmy Miller watched his mother do volunteer work for Jewish organizations in Dayton, Ohio, and he developed a "Jewish heart" at an early age. Moving to Cincinnati to start a successful career in finance, Jimmy showed tremendous generosity consisting of his substantial commitment of time and financial resources to Jewish, arts, and academic organizations. A man with a deep commitment to tzedakah, he has always wished to make certain that a legacy would compel others to follow his example.
Deb's Tip for November: Rollover Win/Win: Sam Supports 4 Local Jewish Orgs
As the end of 2016 is approaching we wanted to share with you a recent gift we received. It was a win/win: not only was it a tax benefit for the donor it benefited the whole community.
We’ll call the donor Sam Henry. Sam turned 72 this year and had to take a required distribution form his IRA. Currently his IRA is valued at $950,000 so he must withdraw a little over $35,000 this year. He knew the distribution would increase the income taxes he owes. He was interested to learn that last year’s permanent Tax Act permits rollovers from IRAs directly to most charities without recognition of income. More >