When you include the America-Israel Cultural Foundation (AICF) in legacy giving, your generosity helps us continue to support promising young Israeli artists and lift up Israel’s art and culture. Through your support, you will enable Israel’s future artists to share their talent and innovation for many more generations. By including AICF in your estate planning, you can make a significant difference while enjoying potential tax benefits.
Making a gift in your will, living will, estate plan, trust, IRA distributions, or life insurance policy can be a specific amount or percentage and can ensure your legacy endures.
Bequests: Consider including AICF in your will or living trust. By designating a specific gift or a percentage of your estate, you can provide vital support to AICF’s programs and initiatives.
Name AICF in your will and/or trust by using the following sample language below:
“I give, devise, and bequeath [specific dollar amount/percentage/residue] to the America-Israel Cultural Foundation (AICF), located at 178 Columbus Avenue, PO Box 237133, in New York, NY, or its successor thereto, for its unrestricted charitable use and purpose.”
Retirement Accounts: Name AICF as a beneficiary of your retirement account, such as an IRA Strech IRA or 401(k). This simple step allows you to leave a legacy while potentially reducing taxes for your loved ones. Sample beneficiary designation language:
“I designate [specific dollar amount/percentage] of my [IRA/401(k)/retirement account] to the America-Israel Cultural Foundation (AICF), located at 178 Columbus Avenue, PO Box 237133, in New York, NY, to support its mission.”
Life Insurance: There are many ways to leverage your life insurance policy to support AICF’s meaningful work. Make AICF the beneficiary of your life insurance policy or transfer ownership to AICF outright. This enables you to contribute a significant gift while potentially receiving tax advantages. To make a gift a life insurance you can:
1. Name AICF as a primary or contingent beneficiary in your policy
2. Name AICF as the owner of an existing policy
Sample beneficiary designation language:
“I designate the America-Israel Cultural Foundation (AICF), located at 178 Columbus Avenue, PO Box 237133, in New York, NY, as the primary beneficiary of my [life insurance policy/insurance policy number] to support its mission.”
Charitable Remainder Trusts: Create a charitable remainder trust that provides income to you or your designated beneficiary for life or a set period. Afterward, the remaining assets support AICF’s work. Sample trust provision language:
“I establish a charitable remainder trust, naming [me/my designated beneficiary] as the income beneficiary for life [or a specific term]. Afterward, the remaining principal shall be distributed to the America-Israel Cultural Foundation (AICF), located at [address], to be used for its charitable purposes.”
Donor Advised Fund (DAF): Did you know you can name AICF the beneficiary of the entire account or a percentage of the fund? Contact your representative or grantmaking institution to learn more about this opportunity.
Making a Planned Gift
We understand that legacy giving is a deeply personal decision. To ensure that your gift effectively supports AICF’s mission and aligns with your individual goals, we strongly recommend consulting with your legal and financial advisors. They can help you navigate the complexities of charitable giving and design a plan that maximizes the benefits for both you and AICF.
We appreciate your interest in legacy giving to the America-Israel Cultural Foundation. If you have any questions or would like to discuss your philanthropic goals further, please contact our dedicated team. Contact our Director of Development Lauren Epstein at [email protected] to notify us of your plans or to learn more. We are here to assist you every step of the way.
Legal name: The America-Israel Cultural Foundation (AICF)
Legal address: 178 Columbus Avenue, PO Box 237133, New York, NY 10023
Federal tax ID number: TIN#13-1664048
Is AICF already in your legacy plan? Let us knowWe appreciate your inclusion of AICF in your legacy plan. If you have already made a legacy gift to the America-Israel Cultural Foundation (AICF), please let us know, as we would like to thank you. By letting us know, we can ensure that your gift is utilized precisely as you intended. To provide us with this information, please fill out the form below or reach out to us at 212-557-1600. Rest assured that any details you share will be treated as confidential, and we fully respect your preference for anonymity.
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