Ways to Give
Thank you for considering a gift to support Hebrew College. As you review the ways to give on this page, please consider one of the following:
When Rabbinical School Dean Rabbi Dan Judson suggested contributing to the student scholarship fund as a possible class gift, the 2018 class decided to spearhead a crowdfunding campaign that raised over $30,000 from more than 220 people to support future students at Hebrew College. The Jewish world needs the kind of clergy Hebrew College helps form, and financial concerns should not prevent someone from pursuing their education here.Rabbi Elizabeth Bonney-Cohen, Rab`18, Assistant Rabbi and Director of Outreach & Innovation at Congregation Kehillath Israel in Brookline, MA.
You may designate your gift for a specific program or fund, in honor or memory of someone, as a joint or matching gift, or as a general gift to be used where it is most needed by the College.
- Online: Use our secure online form.
- Check – Mail to Hebrew College, Office of Institutional Advancement, 160 Herrick Road, Newton Centre, MA 02459. Federal Tax ID No. — 042104300
- Credit Card – We accept Visa and MasterCard. Phone: 617-559-8764
Ways To Give
Double Your Impact by participating in a matching-gift program at your company. Many corporations have established programs whereby the company matches or multiplies donations made by current, and in some cases, retired employees. Some of these companies also match director’s gifts. We encourage you to check with your employer to determine if they administer a matching-gift program. Donations received from employers through their matching gift programs are fully tax-deductible.
- How to determine if your company has a matching gift program:
- Review this list of companies that offer matching gift programs or check with your company’s HR department.
- Ask HR for a copy of their Matching Gift Form and complete your portion.
- Submit the form to Hebrew College via email to firstname.lastname@example.org or mail to Alan Sherman using the address below.
Vice President of Marketing & Advancement
160 Herrick Road
Newton Centre, MA 02459
An outright gift of appreciated marketable securities is one of the most attractive methods of giving. Provided you have owned the securities for more than one year, a gift of listed stocks, bonds or other publicly traded securities entitles you to a charitable income-tax deduction equal to the full market value of the securities; this is calculated by averaging the high and low selling prices on the date of the gift.
Note: It is very important that your broker notify the Office of Institutional Advancement at 617-559-8764 when stock is being transferred. Your broker should provide us with your name and that of the stock being transferred in order that we can send you an appropriate acknowledgment and tax receipt. Brokerage transfer instructions.
An outright gift of unencumbered real estate may enable you to make a significant gift to the college while receiving favorable tax benefits on the transfer of a highly appreciated asset. Please call the Office of Institutional Advancement at 617-559-8764 for more information.
Tangible Personal Property
You may choose to donate art, books, equipment, antiques and similar items that are acceptable to the college. Please consult with the Office of Institutional Advancement to confirm that your gift can be used in accordance with your wishes while also meeting the needs of the college. Acceptable tangible gifts may entitle you to a tax deduction. Tangible gifts valued at more than $5,000 must be appraised by an independent appraiser to determine the value of the deduction.
For 2018 and annually going forward, individuals 70½ and older may transfer up to $100,000 from their IRAs to charitable organizations without having to count the distributions as taxable income. The deadline to complete IRA Charitable Rollover gifts for the current tax year is December 31, 2018.
If you qualify, the IRA Charitable Rollover is a great way to save on taxes and make an end-of-year gift to Hebrew College. If you have not already yet taken your required minimum distribution for 2018, an IRA Charitable Rollover gift can count toward satisfying this requirement.
What you need to know to take advantage of the opportunity for 2018:
- Eligibility: Individuals age 70½ or older in 2018.
- Amount eligible: Up to $100,000.
- Method: Direct transfer from an IRA account to Hebrew College.
- How to initiate a transfer: Contact your IRA administrator for instructions; notify Hebrew College.
- If you have a 401(k), 403(b) or other retirement plan: The plan administrator can create a rollover IRA from which to transfer funds to Hebrew College.
Retirement plans are among the most highly taxed assets one can own, subject to income tax in life, estate tax at death, and income tax when left to an individual other than a spouse.
Although IRA Charitable Rollover gifts do not qualify for the charitable deduction, they are in effect 100% deductible. Act quickly to complete an IRA Charitable Rollover gift for 2018. As in all charitable gift decision-making, review with one’s advisor is encouraged.
For information on giving to Hebrew College, please be in touch with the Hebrew College Office of Institutional Advancement email@example.com or 617-559-8764.
You can invest in the future of Hebrew College and realize financial and charitable benefits for you and your family. Planned gifts include bequests, trusts, gifts of life insurance and annuities. Planned gifts often have the following advantages:
- They may provide income for life for you and/or another beneficiary, such as a spouse, child(ren) and additional family members.
- They may provide current federal income-tax deductions for a portion of the gift that passes to Hebrew College.
- Trusts may provide increased income since gifted property can be sold without capital gains and reinvested in higher income-producing property.
- They can provide professional investment management and supervision without a fee to the donor.
Planned giving opportunities at Hebrew College include:
- Remembering Hebrew College in your will or by creating a living trust. No matter your age, preparing a will ensures your wishes are fulfilled after death.
- Name Hebrew College as the beneficiary of your retirement plan.
- Purchase a new life-insurance policy naming Hebrew College as the beneficiary. At little cost to you now, you can make a difference in the future. There may be beneficial income-tax deductions for you today.
- Name Hebrew College as a beneficiary of an existing life-insurance policy.
- Remember loved ones with memorial gifts to the college’s endowment fund.
- Encourage family and friends to leave gifts to the college’s endowment fund in their wills.
Restricted and Endowed Gifts
Leave a legacy at Hebrew College by establishing a named restricted and/or endowed gift. Please call the Office of Institutional Advancement at 617-559-8726 to discuss naming opportunities that are available in any of the following initiatives and schools:
- Center for Global Judaism
- Interfaith Programs
- Jewish Special Education
- Jewish Studies
- Prozdor Hebrew High School
- Rabbinical School
- School of Jewish Music
- Shoolman Graduate School of Jewish Education
Lead by example and influence others to follow your lead!