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Smart tips to help maximize your charitable giving — and your tax benefits

As the end of the year approaches, you’ve probably noticed your inbox filling up with requests from charities asking for year-end donations. Giving is important, especially now. Like so many people, you may find yourself stressed as you scramble to locate receipts and track contributions to document your tax deductions for 2023. You may also discover that organizing your giving differently could have resulted in greater tax benefits.

Here are a few tips to help you maximize your tax deductions, be more intentional about your giving, and reduce stress not just in December, but throughout the year.

Organizing your giving with a charitable tax vehicle that offers an immediate tax deduction. 

If you support multiple charities, consider using a vehicle to streamline your philanthropy. One option is a private foundation, which enables you to put aside money in advance, take a tax deduction up front, and plan your grant-making over time. But the drawback is that private foundations are costly to set up, and you will still need to manage your record-keeping and tax filings. A simpler option is a donor advised fund, which organizes your charitable giving, eliminates record-keeping, and doesn’t require filing a 990 form. That’s why donor advised funds (DAFs) are the fastest-growing charitable vehicle.

Donor advised funds help get money to your charities swiftly and securely. 

Donor advised funds (DAFs) are a flexible and tax-efficient way to give, and most DAFs can be opened with a minimum contribution of $5,000. When you contribute to a DAF you qualify for an immediate deduction, regardless of when and how many charities you support. The DAF provides the only receipt you’ll need. Most DAF accounts are managed on a secure portal. At Jewish Communal Fund, you can make grants and see your giving and contribution history when you log in. You can recommend grants to IRS-approved charities in every sector.

Donate cash or appreciated securities to maximize your tax savings and earn tax-free income.

Cash contributions to a donor advised fund or other public charity are generally eligible for an income tax deduction of up to 60% of your adjusted gross income (AGI). If you have appreciated securities — held for more than 12 months — you can electronically transfer shares to a donor advised fund and claim a fair market value deduction of up to 30% of adjusted gross income. Even better, you will not be subject to capital gains tax on the appreciated portion of the contribution. After the DAF sponsor (the organization where you have your account) liquidates the stock, the proceeds are credited to your fund, enabling you to make grants to multiple charities. At Jewish Communal Fund, you may choose from a robust selection of investments, and the tax-free earnings will be rebalanced into your Jewish Communal Fund account.

Plan ahead and respond swiftly when there is a crisis. 

Putting money aside when you have additional income such as a bonus, appreciated securities, or an inheritance allows you to be more tax-efficient and intentional with your giving. So when a crisis occurs, like the terrible Oct. 7 attack on Israel or a devastating natural disaster, you will be ready to help with a donation with the click of a button. Grants from Jewish Communal Fund are sent out within two to three days.

Use a donor advised fund to group contributions for several years of giving

You can make a contribution to a donor advised fund by “bunching” what you would have contributed to charities over the next two to three years, enabling you to reach the threshold for itemizing your tax return and qualifying for a maximum tax deduction. Many DAFs do not have an annual minimum distribution requirement, so you can set the timetable for making grants. 

Terminate a private foundation using a DAF.

If you already have a private foundation, you can transfer assets to a DAF to eliminate the expense and administrative burden. Unlike the private foundation, your confidentiality is protected because DAFs report in the aggregate rather than disclosing information on individual fundholders. 

Engage the next generation with a community of Jewish philanthropists.

At Jewish Communal Fund, parents or other family members may open funds for their adult children between the ages of 18-30 with a contribution of only $1,800. This is an effective way to help the next generation begin their own philanthropic journey as part of a network of Jewish givers.

Why choose Jewish Communal Fund?

JCF is the largest and most experienced Jewishly affiliated donor advised fund in the nation, with over $2.8 billion in charitable assets for 4,700 funds. Each year, JCF’s board of trustees makes a $2 million gift from its revenues to the annual campaign of UJA-Federation of New York. JCF’s endowment, the Special Gifts Fund, makes annual grants on behalf of fundholders to support organizations that promote the welfare and security of the Jewish community at home and abroad. After the outbreak of the war in Israel, JCF’s trustees awarded $500,000 from the Special Gifts Fund for the Israel Emergency Fund of UJA-Federation of New York. 

Additionally, JCF’s endowment has supported kosher food pantries, JCCs, Jewish summer camps, and services for the elderly and Holocaust survivors. Unlike commercial DAFs, JCF offers Jewish values investments such as Israel Bonds and an Israeli exchange-traded fund (ETF). JCF’s recoverable grant program partners with the leading Jewish loan societies – Hebrew Free Loan Society in the U.S. and Ogen in Israel. Just by using JCF to help streamline your giving, you will stand with a proud network of Jewish philanthropists supporting the Jewish community’s important communal organizations. 

*This is not accounting advice, so consult with your accountant regarding your own personal situation.

Ellen Smith-Israelson is the CMO and vice president of philanthropic services at Jewish Communal Fund. Her career in philanthropy spans 36 years working in the arts, higher education and Jewish organizations. For help deciding whether a donor advised fund is right for you, visit JCFNY.org or contact the JCF team to request more information or schedule a call.


The post Smart tips to help maximize your charitable giving — and your tax benefits appeared first on Jewish Telegraphic Agency.

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Iran Rejects US Nuclear Proposal, Says ‘Counteroffer’ Coming as Talks Stall Over Uranium Enrichment, Sanctions

Iran’s Supreme Leader Ayatollah Ali Khamenei speaks during a meeting in Tehran, Iran, May 20, 2025. Photo: Office of the Iranian Supreme Leader/WANA (West Asia News Agency)/Handout via REUTERS

Iran has denounced the latest nuclear proposal from the United States as “unprofessional and untechnical,” reaffirming the country’s right to enrich uranium and announcing plans to present a counteroffer in the coming days.

“After receiving the American proposal regarding the Iranian nuclear program, we are now preparing a counteroffer,” Ali Shamkhnai, political adviser to Iran’s Supreme Leader Ayatollah Ali Khamenei, said in an interview on Wednesday.

Shamkhani criticized the White House draft proposal as “not well thought out,” emphasizing its alleged failure to address sanction relief — a key demand for Tehran under any deal with Washington.

“There is no mention whatsoever of lifting sanctions in the latest American proposal, even though the issue of sanctions is a fundamental matter for Iran,” Shamkhnai said.

The Iranian official also warned that Tehran will not allow the US to dismantle its “peaceful nuclear program” or force uranium enrichment down to zero.

“Iran will never relinquish its natural rights,” Shamkhani said.

Washington’s draft proposal for a new nuclear deal was delivered by Omani officials — who have been mediating negotiations between Iranian Foreign Minister Abbas Araghchi and US Special Envoy to the Middle East Steve Witkoff — during last month’s talks in Rome.

On Wednesday, Khamenei dismissed such an offer, saying it “contradicts our nation’s belief in self-reliance” and runs counter to Iran’s key objectives.

“The proposal that the Americans have presented is 100 percent against our interests,” the Iranian leader said during a televised speech.

“The rude and arrogant leaders of America repeatedly demand that we should not have a nuclear program. Who are you to decide whether Iran should have enrichment?” Khamenei continued.

After five rounds of talks, diplomatic efforts have yet to yield results as both adversaries clash over Iran’s demand to maintain its domestic uranium enrichment program — a condition the White House has firmly rejected.

In April, Tehran and Washington held their first official nuclear negotiation since the US withdrew from a now-defunct 2015 nuclear deal that had imposed temporary limits on Iran’s nuclear program in exchange for sanction relief.

Since taking office, US President Donald Trump has sought to curtail Tehran’s potential to develop a nuclear weapon that could spark a regional arms race and pose a threat to Israel.

Meanwhile, Iran seeks to have Western sanctions on its oil-dependent economy lifted, while maintaining its nuclear enrichment program — which the country insists is solely for civilian purposes.

As part of the Trump administration’s “maximum pressure” campaign against Iran — which aims to cut the country’s crude exports to zero and prevent it from obtaining a nuclear weapon — Washington has been targeting Tehran’s oil industry with mounting sanctions.

Amid the ongoing diplomatic deadlock, Israel has declared it will never allow the Islamist regime to acquire nuclear weapons, as the country views Iran’s nuclear program as an existential threat.

However, Israeli Prime Minister Benjamin Netanyahu pledged to uphold any agreement that prevents Tehran from enriching uranium.

“But in any case, Israel maintains the right to defend itself from a regime that is threatening to annihilate it,” Netanyahu said in a press conference last month, following reports that Jerusalem could strike Iranian nuclear sites if ongoing negotiations between Washington and Tehran fail.

The post Iran Rejects US Nuclear Proposal, Says ‘Counteroffer’ Coming as Talks Stall Over Uranium Enrichment, Sanctions first appeared on Algemeiner.com.

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Day After Colorado Attack, Founder of Anti-Israel Group Chides Activists Who Are Insufficiently ‘Pro-Resistance’

Nerdeen Kiswani, founder of WithinOurLifetime (WOL), leading a pro-Hamas demonstration in New York City on Aug. 14, 2024. Photo: Michael Nigro via Reuters Connect

Nerdeen Kiswani, the founder of the radical anti-Israel organization Within Our Lifetime, chastised those within the pro-Palestinian movement who only support “resistance” in the abstract but not in practice following Sunday’s antisemitic attack in Boulder, Colorado.

“A lot of people who call themselves anti-Zionist or pro-resistance don’t actually understand what resistance is,” Kiswani posted on X/Twitter on Monday. “They support it in theory, but when it shows up in practice, they hesitate, distance themselves, or shift the conversation entirely.”

She continued, “And it makes it even harder for those of us who are principled to take public stances. We’re already marginalized, already painted as extreme or dangerous and that isolation only deepens when others in the movement won’t stand firm when it counts.”

Kiswani’s comments came the day after a man threw Molotov cocktails at a Boulder gathering where participants were rallying in support of the Israeli hostages who remain in captivity in Gaza — which resulted in 15 injuries, including some critically, in what US authorities called a targeted terrorist attack. Her tweets also came less than two weeks after a gunman murdered two Israeli embassy staffers in Washington, DC, while they were leaving an at the Capital Jewish Museum hosted by the American Jewish Committee. In both attacks, the perpetrator yelled “Free Palestine” as they targeted innocent civilians, according to the Federal Bureau of Investigation (FBI).

After Kiswani’s social media posts sparked some backlash among pro-Israel users on X, she provided limited pushback on the idea that it was an expression of support for the prior day’s attack in Colorado.

“Zionists are freaking out in the QTs about this, insisting it’s about Colorado,” she wrote. “Newsflash: the world doesn’t revolve around you. Resistance hasn’t stopped in Gaza, look at what just happened in Jabalia [where three IDF soldiers were killed] for instance. The perpetual victimhood is getting old.”

However, Kiswani did not say her comment had no connection to the attack in Colorado, and she did not say that she opposed the firebombing.

Kiswani and her group, Within Our Lifetime (WOL), have been at the forefront of anti-Israel and pro-Hamas activism since Hamas-led Palestinian terrorists killed 1,200 people and abducted 251 hostages during their invasion of southern Israel on Oct. 7, 2023, a massacre that started the war in Gaza.

On Oct. 8, 2023, one day after the biggest single-day slaughter of Jews since the Holocaust, WOL organized a protest to celebrate the prior day’s attack, which it described as an effort to “defend the heroic Palestinian resistance.” Kiswani notably refused to condemn Hamas and the Oct. 7 massacre following the atrocities.

Then, in Apil 2024, Kiswani refused to condemn the chant “Death to America” and organized a mass demonstration to block the “arteries of capitalism” by staging a blockade of commercial shipping ports across the world in protest of Western support for the Jewish state. That same month, she was banned from Columbia University’s campus in New York City after leading chants calling for an “intifada,” or violent uprising.

The following month, Kiswani led a demonstration in Brooklyn, New York in which she lambasted the local police department, claimed then-US President Joe Biden will soon die, and called for the destruction of Israel.

That proceeded the activist saying she does not want Zionists “anywhere” in the world while speaking in defense of a person who called for “Zionists” to leave a crowded subway car in New York City.

WOL, which planned a protest last year to celebrate the one-year anniversary of the Oct. 7 massacre, was also behind demonstrations at the Nova Music Festival exhibit, which commemorated the more than 300 civilians slaughtered by Hamas while at a music festival.

The latter protest prompted widespread condemnation, including from Biden and even progressive members of the US Congress who are outspoken against Israel.

US Rep. Alexandria Ocasio-Cortez (D-NY), for example, posted on social media that the “callousness, dehumanization, and targeting of Jews on display at last night’s protest outside the Nova Festival exhibit was atrocious antisemitism – plain and simple.”

The post Day After Colorado Attack, Founder of Anti-Israel Group Chides Activists Who Are Insufficiently ‘Pro-Resistance’ first appeared on Algemeiner.com.

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Israel’s Defense Exports Hit Record $15 Billion in 2024 Despite European Pressure, Calls for Arms Embargo

Israeli troops on the ground in Gaza. Photo: IDF via Reuters

Israel reached a new all-time high in defense exports in 2024, nearing $15 billion — the fourth consecutive year of record-breaking sales — despite mounting international criticism over the war in Gaza and growing pressure from European countries to suspend arms deals.

In a press release on Wednesday, Israel’s Defense Ministry announced that defense exports reached over $14.7 billion last year — a 13 percent increase from 2023 — with more than half of the deals valued at over $100 million.

According to the ministry, Israel’s military exports have more than doubled over the past five years, highlighting the industry’s rapid expansion and growing global demand.

“This tremendous achievement is a direct result of the successes of the IDF [Israel Defense Forces] and defense industries against Hamas in Gaza, Hezbollah in Lebanon, the Houthis in Yemen, the Ayatollah regime in Iran, and in additional arenas where we operate against Israel’s enemies,” Israeli Defense Minister Israel Katz said in a statement.

“The world sees Israeli strength and seeks to be a partner in it. We will continue strengthening the IDF and the Israeli economy through security innovation to ensure clear superiority against any threat – anywhere and anytime,” Katz continued.

In 2024, over half of the Jewish state’s defense contracts were with European countries — up from 35 percent the previous year — as many in the region have increased their defense spending following Russia’s 2022 invasion of Ukraine.

Despite increasing pressure and widespread anti-Israel sentiment among European governments amid the current conflict in Gaza, this latest data seems to contradict recent calls by European leaders to impose an arms embargo on the Jewish state over its defensive campaign in Gaza against the Palestinian terrorist group Hamas.

On Wednesday, Germany reversed its earlier threat to halt arms deliveries to Israel, reaffirming its commitment to continue cooperation and maintain defense contracts with Jerusalem.

“Germany will continue to support the State of Israel, including with arms deliveries,” German Foreign Minister Johann Wadephul told lawmakers in parliament.

Last week, Berlin warned it would take unspecified measures against Israel if it continued its military campaign in Gaza, citing concerns that exported weapons were being used in violation of humanitarian law.

“Our full support for the right to exist and the security of the State of Israel must not be instrumentalized for the conflict and the warfare currently being waged in the Gaza Strip,” Wadephul said in a statement.

Germany would be “examining whether what is happening in the Gaza Strip is compatible with international humanitarian law,” he continued. “Further arms deliveries will be authorized based on the outcome of that review.”

Spain and Ireland are among the countries in Europe that have threatened or taken steps to limit arms deals with Israel, while others such as France have threatened unspecified harsh measures against the Jewish state.

According to the Israeli defense ministry’s report, since the outbreak of war on Oct. 7, 2023, after the Hamas-led invasion of and massacre across southern Israel, the operational successes and proven battlefield performance of Israeli systems have fueled strong international demand for Israel’s defense technology.

Last year, the export of missiles, rockets, and air defense systems reached a new high, making up 48 percent of the total deal volume — up from 36 percent in 2023.

Similarly, satellite and space systems exports surged, accounting for 8 percent of total deals in 2024 — quadrupling their share from 2 percent in 2023.

While Europe dominated Israel’s defense export market in 2024, significant portions also went to other regions. Asia and the Pacific made up 23 percent of total sales — slightly lower than in previous years, when the region approached 30 percent.

Exports to Abraham Accords countries fell to 12 percent, down from 23 percent in 2022, while North America remained stable at around 9 percent.

The post Israel’s Defense Exports Hit Record $15 Billion in 2024 Despite European Pressure, Calls for Arms Embargo first appeared on Algemeiner.com.

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