Now there is a way to achieve your financial goals while helping the New Israel Fund (NIF) work to strengthen Israel's democracy and to promote freedom, justice and equality for all Israel's citizens.

Creating a charitable gift annuity is a way to contribute to NIF, receive a generous, guaranteed income, and benefit from tax savings.  At the same time, NIF receives much-needed support to continue our important work.

What is a Charitable Gift Annuity?
A charitable gift annuity is a simple contract between a donor (you) and the New Israel Fund.  In exchange for an irrevocable gift of cash or securities, NIF agrees to pay one or two annuitants a fixed sum monthly, quarterly, semiannually or annually for life.  NIF's general resources guarantee the payments.  Charitable gift annuities may be created with a gift of $10,000 or more.  Additional contributions create new annuity contracts rather than build on existing annuities.

How is the annuity rate determined?
The annuity rate depends on the age of the annuitant(s) at the time of the gift.  The older the annuitant(s), the more income NIF can agree to pay.  The rate in effect when you acquire the annuity never changes and is guaranteed for life.

Following are annuity rates NIF is currently offering:

Illustrations based on a 5.4% AFR
The illustrations presented here are based on financial assumptions as of August 6, 2007.  Actual results will vary depending upon the date of the gift.  For a personal illustration, contact Bruce Temkin at (212) 613-4400 or via email at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

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