JCA Launches 2% Bequest Program
“By leaving a 2% bequest, you will enable JCA to future-proof this community for generations to come.” – Stephen Chipkin, JCA President
What will our local Jewish community look like in the next 20 or 30 years? Will it continue to provide the same sense of belonging and connection we enjoy today?
Ensuring continuity is the driving force behind JCA’s new 2% Bequest Program announced by JCA President, Stephen Chipkin. “For more than 50 years, JCA has been at the heart of our community, with each of our 23 member organisations delivering vital services to every corner of our community – providing care for the disadvantaged and the elderly, the Jewish education of our children, preserving Holocaust memory and keeping our community safe.”
The JCA 2% Bequest Program aims to ensure that this same vibrancy, strength and security is available for generations to come. “The idea is simple,” said Chipkin, “we’re asking people to consider including in their Wills a small portion of their estate, say 2%, to the Community Future Fund established by JCA.”
“If everyone in our community did that, over time those bequests would provide a pool of funds to help ensure that all those things we value about our community would be secure for generations to come.
The program makes provision for bequests to be directed to the general JCA fund or for all or part of the gift to be directed to specific pillars for: Aged & Community Care; Culture, Engagement & Outreach; Holocaust, History & Heritage; Jewish Education; or Security & Advocacy. All funds will be invested, under the guidance of JCA’s Investment Committee, for at least 25 years. If people prefer to make a bequest directly to JCA member organisations, they are encouraged to do so.
Legacy gifts to the general JCA fund will provide the greatest flexibility to address the needs of the future, said Chipkin. “We can’t be sure what the future needs of our community will be, but we do know that for more than 50 years, JCA has been able to respond to its changing needs. So, by leaving a 2% bequest, you will enable JCA to future-proof this community for generations to come.”
JCA acknowledges that bequests are a very personal issue and recommends involving your family in your decision. Decisions about Wills and bequests should also be made in consultation with legal and financial professionals.