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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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US Democrats Demand Release of Pro-Hamas Columbia University Activist Mahmoud Khalil From ICE Detention

US Rep. Rashida Tlaib (D-MI) addresses attendees as she takes part in a protest calling for a ceasefire in Gaza outside the US Capitol, in Washington, DC, US, Oct. 18, 2023. Photo: REUTERS/Leah Millis

Democrats in the US Congress are largely defending a leading anti-Israel agitator at Columbia University in New York following news of his arrest and detainment by US Immigration and Customs Enforcement (ICE).

Mahmoud Khalil, a Palestinian from Syria who completed post-graduate studies at Columbia in December, was apprehended by federal authorities on Saturday night and transported to an immigration jail in Louisiana. The pro-Hamas activist was informed that his green card had been revoked and that he would be deported from the United States.

In a statement, the US Department of Homeland Security said ICE agents arrested Khalil “in support of” an executive order signed by US President Donald Trump aimed at combating antisemitism on university campuses.

“Khalil led activities aligned to Hamas, a designated terrorist organization. ICE and the Department of State are committed to enforcing President Trump’s executive orders and to protecting US national security,” the department said.

US President Donald Trump defended Khalil’s arrest and said it will be the first of many.

“We know there are more students at Columbia and other universities across the country who have engaged in pro-terrorist, antisemitism, anti-American activity, and the Trump administration will not tolerate it,” Trump said in a post on Truth Social. “Many are not students; they are paid agitators. We will find, apprehend, and deport these terrorist sympathizers from our country — never to return again.”

However, a federal judge in New York City on Monday ordered that Khalil not be deported by the Trump administration until the court ruled on a lawsuit presented by his lawyers. According to ICE, the activist is currently being held at the Lasalle Detention facility in Louisiana. Khalil’s case is set to be heard on Wednesday. 

Many observers criticized Khalil’s arrest and detainment, arguing that the Trump administration both violated his right to due process and undermined free speech. Critics also argued that the Trump administration does not possess the right to unilaterally revoke green cards from legal residents. 

Congressional Democrats largely condemned the ICE arrest of Khalil, arguing that the Trump administration should release the pro-Hamas activist immediately. 

The warrantless arrest of any legal permanent resident seemingly solely over their speech is a chilling, McCarthyesque action in response to the exercise of first amendment rights to free speech,” said Rep. Jerry Nadler (D-NY). 

Sen. Dick Durbin (D-IL), ranking member of the Senate Judiciary Committee, lambasted the arrest, posted on social media that detaining a legal resident “for exercising his right to free speech is something we’d expect from Russia — NOT AMERICA [sic].”

The official BlueSky account of the Democrats on the Senate Judiciary Committee accused the Trump administration of seeking retribution against Khalil for expressing “his First Amendment rights in a way Donald Trump didn’t like” and condemned the White House for practicing “straight up authoritarianism.”

Rep. Rashida Tlaib (D-MI), one of the most outspoken critics against Israel in Congress, said that Khalil’s arrest is part of a broader effort “to shred our constitutional rights to free speech and due process.” In addition, Tlaib spearheaded a letter to US Secretary of Homeland Security Kristi Noem, demanding that Khalil be “freed from DHS custody immediately.” Thirteen other Democrats signed the letter. 

The letter argued that Khalil has “not been charged or convicted of any crime” and that the Trump administration targeted him “solely for his activism and organizing as a student leader,” as well as his efforts in opposing Israel’s “brutal assault of the Palestinian people in Gaza.” The missive also claimed that the arrest of Khalil represents another example of the Trump administration’s purported “anti-Palestinian racism” and accused the White House of trying to dismantle the “Palestine solidarity movement in this country.” The lawmakers warned that the Trump administration’s tactics against Khalil “will be applied to any and all opposition to his undemocratic agenda.”

Some observers noted out that Rep. Alexandria Ocasio-Cortez (D-NY), one of the most vocal opponents of the Jewish state in the US Congress, did not sign onto the letter calling for Khalil’s release. Though Ocasio-Cortez has spoken out in defense of Khalil, some on the political left have repudiated her for not taking more strident anti-Israel stances in the 16 months following Hamas’s Oct. 7, 2023, invasion of Israel. The lawmaker came under fire by some of the political left last summer for calling for the release of the Israeli hostages kidnapped by Hamas to Gaza.

Sen. Peter Welch (D-VT) also repudiated the arrest, writing that Khalil is “entitled to First Amendment protections like everyone in this country.”

Despite the widespread backlash over Khalil’s arrest, many congressional Republicans praised the announcement, arguing that the Trump administration has taken aggressive action to protect Jewish Americans and clamp down on antisemitism. 

While at Columbia, Khalil spearheaded multiple pro-Hamas demonstrations on campus. He was a participant in Columbia University Apartheid Divest (CUAD), a constellation of 100 anti-Israel campus organizations calling for the Ivy League institution to cut ties with the Jewish state. 

In the aftermath of Khalil’s arrest, video circulated online showing the activist leading a takeover of a campus building at neighboring Barnard College. During the unsanctioned demonstration, activists spread pamphlets glorifying the Hamas Oct. 7 massacres across southern Israel. 

In addition, Khalil helped lead the infamous Hamilton Hall takeover on Columbia’s campus in the final weeks of the 2023-2024 school year.

US Speaker of the House Rep. Mike Johnson (R-LA) defended Khalil’s arrest, saying, “If you are on a student visa and you’re an aspiring young terrorist who wants to prey upon your Jewish classmates, you’re going home.” 

Sen. Tom Cotton (R-AK) condemned Democrats for “fighting for a pro-Hamas foreigner who has made life hell for Jews on campus.”

Sen. Markwayne Mullin (R-OK) also lauded the detainment of Khalil, writing that “obtaining a US visa is a privilege, not a right. Friends of Hamas — don’t let the door hit you on the way out.”

In the year following the Hamas-led Oct. 7 slaughters across Israel, Columbia University has emerged as a hotbed of anti-Israel student activism. Last spring, anti-Israel students and faculty erected a student encampment, protesting the university’s ties to the Jewish state. Moreover, Columbia has suffered an exodus of financial support from Jewish donors and alumni, alleging that the university has dragged its feet in combating antisemitism on campus. 

Last week, the Trump administration cut $400 million in grants originally intended for Columbia, arguing that the university has not done enough to protect Jewish students. Mounting pressure from the Trump administration reportedly caused the university to collaborate with ICE to detain Khalil.

The post US Democrats Demand Release of Pro-Hamas Columbia University Activist Mahmoud Khalil From ICE Detention first appeared on Algemeiner.com.

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Iran’s President to Trump: I Will Not Negotiate, ‘Do Whatever the Hell You Want’

Iran’s President Masoud Pezeshkian attends a press conference in Tehran, Iran, Sept. 16, 2024. Photo: WANA (West Asia News Agency)/Majid Asgaripour via REUTERS

President Masoud Pezeshkian said Iran would not negotiate with the US while being threatened, telling President Donald Trump to “do whatever the hell you want,” Iranian state media reported on Tuesday.

“It is unacceptable for us that they [the US] give orders and make threats. I won’t even negotiate with you. Do whatever the hell you want,” state media quoted Pezeshkian as saying.

Iran’s Supreme Leader Ayatollah Ali Khamenei said on Saturday that Tehran would not be bullied into negotiations, a day after Trump said he had sent a letter urging Iran to engage in talks on a new nuclear deal.

While expressing openness to a deal with Tehran, Trump has reinstated the “maximum pressure” campaign he applied in his first term as president to isolate Iran from the global economy and drive its oil exports down towards zero.

In an interview with Fox Business, Trump said last week, “There are two ways Iran can be handled: militarily, or you make a deal” to prevent Tehran from acquiring nuclear weapons.

Iran has long denied wanting to develop a nuclear weapon. However, it is “dramatically” accelerating enrichment of uranium to up to 60 percent purity, close to the roughly 90 percent weapons-grade level, the UN’s nuclear watchdog, the IAEA, has warned.

Iran has accelerated its nuclear work since 2019, a year after then-President Trump ditched Tehran’s 2015 nuclear pact with six world powers and reimposed sanctions that have crippled the country’s economy.

The post Iran’s President to Trump: I Will Not Negotiate, ‘Do Whatever the Hell You Want’ first appeared on Algemeiner.com.

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Syrians Riot in Front of Jewish Museum in Munich Amid Rise in Antisemitic Incidents

Illustrative: Pro-Hamas demonstrators marching in Munich, Germany. Photo: Reuters/Alexander Pohl

Three young Syrian men rioted in front of the Jewish Museum in Munich this past weekend, spitting on photographs of Israeli hostages and deceased soldiers before one of the assailants threatened security personnel with a knife.

The incident, first reported by German media, was one of the latest antisemitic cases in a country that has experienced a surge in open hatred toward Jews since the start of the Israel-Hamas war.

During the Gaza conflict, the Jewish Museum has displayed photographs of hostages taken by Hamas-led Palestinian terrorists during their Oct. 7, 2023, invasion of southern Israel as well as deceased Israeli soldiers, along with candles, to honor and remember them.

On Saturday afternoon, three men — Syrian citizens living in Austria — vandalized the memorial by spitting on it while shouting antisemitic slogans, the German newspapers Süddeutsche Zeitung and Jüdische Allgemeine reported.

After witnessing the attack, two employees from the Jewish community’s security service tried to stop the assailants, who responded aggressively. One of the three men, a 19-year-old, allegedly kicked one of the employees before drawing a knife.

Several police officers assigned to protect the Jewish Center, located next to the museum, noticed the incident and intervened. Soon afterward, more than 30 officers arrived at the scene. Police and security guards had to threaten to use their firearms before the teenager dropped the knife.

According to local police, the man and his two accomplices, a 20-year-old and a 31-year-old, have all been arrested and are under investigation for threats, assault, defamation, and insulting the memory of the deceased.

The Munich Public Prosecutor’s Office has taken over the case, with senior prosecutor Andreas Franck, who also serves as the antisemitism commissioner of the Bavarian judiciary, overseeing the case.

Germany has experienced a sharp spike in antisemitism since Hamas’s Oct. 7 massacre across southern Israel, amid the ensuing war in Gaza.

In just the first six months of 2024 alone, the number of antisemitic incidents in Berlin surpassed the total for all of the prior year and reached the highest annual count on record, according to Germany’s Federal Association of Departments for Research and Information on Antisemitism (RIAS).

The figures compiled by RIAS were the highest count for a single year since the federally-funded body began monitoring antisemitic incidents in 2015, showing the German capital averaged nearly eight anti-Jewish outrages a day from January to June last year.

According to the Anti-Defamation League (ADL), police registered 5,154 antisemitic incidents in Germany in 2023, a 95 percent increase compared to the previous year.

However, experts believe that the true number of incidents is much higher but not recorded because of reluctance on the part of the victims.

“Only 20 percent of the antisemitic crimes are reported, so the real number should be five times what we have,” Felix Klein, the German federal government’s chief official dealing with antisemitism, told The Algemeiner in an interview in 2023.

Earlier this year, German Chancellor Olaf Scholz condemned the ongoing discrimination faced by the Jewish community, calling it “outrageous and shameful.”

Last month, Germany’s federal parliament, the Bundestag, passed a motion to address antisemitism and hostility toward Israel in schools and universities, seeking to combat a surge in pro-Hamas demonstrations on campuses and antisemitic incidents across the country.

Jewish students at German universities widely expressed a growing sense of insecurity and uneasiness following Hamas’s Oct. 7 invasion of southern Israel, amid a slew of incidents purportedly meant to protest the war in Gaza.

The recently passed parliamentary motion stipulates that the federal government — in collaboration with the ministers of education and the German Rectors’ Conference, an association of state and state-recognized universities — must ensure that antisemitic behavior in educational institutions results in sanctions.

“This includes the consistent enforcement of house rules, temporary exclusion from classes or studies, and even … expulsion,” the motion reads.

The post Syrians Riot in Front of Jewish Museum in Munich Amid Rise in Antisemitic Incidents first appeared on Algemeiner.com.

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