CONTRIBUTING TO YOUR FUND

Once you establish a donor-advised fund, you (or anyone else) may make contributions to your fund at any time, in any amount. Each contribution made to the Jewish Communal Fund entitles the contributor to receive all the tax benefits allowed by law. Once the Jewish Communal Fund accepts a contribution, it is irrevocable.

WAYS TO CONTRIBUTE

Below is a brief description of the types of contributions you can make and the tax benefits pertaining to each. You should consult your legal or tax advisor to review your personal situation. The tax benefits described below are the general rules that apply to gifts made to a donor-advised fund. The Jewish Communal Fund is not responsible for the accuracy of any position taken by donors on their tax returns.

CASH. You may contribute cash by sending a check payable to the Jewish Communal Fund, using a credit card, or wiring funds to our bank account. Please call us for wiring instructions.

TAX BENEFITS. Cash contributions are deductible in the amount contributed up to 50 percent of the donor's adjusted gross income in the tax year in which the contribution is made. Any excess amount may be carried forward and deducted up to the 50 percent limit in the five-year period after the year of contribution.

PUBLICLY TRADED SECURITIES. You may contribute appreciated marketable securities in a variety of ways:

• Authorize your broker to transfer the shares to our account via DTC (see our Securities Transfer Instructions Form). Some financial institutions require Medallion signature guarantee. Please consult your financial institution for instructions.
• Arrange for your shares to be transferred to our account at your own brokerage firm.
• Deliver stock certificates, a gift letter, and a stock power with Medallion signature guarantee. (Medallion signature guarantee may be obtained from a bank or broker.)

  TAX BENEFITS. For gifts of long-term appreciated publicly traded securities (i.e., securities that you have owned for more than one year), a donor may claim a fair market value deduction on the gift date, and the donor is not subject to a capital gains tax on the appreciated portion of the contribution. Generally speaking, the fair market value is determined by averaging the highest and lowest quoted selling prices on that date. Since it is the donor's responsibility to determine the fair market value of donated securities, the Jewish Communal Fund does not provide this information to donors.

  The deduction for donated securities that a donor has owned for one year or less is limited to the cost basis or current market value (whichever is lower).

  Gifts of appreciated securities may be deducted up to 30 percent of adjusted gross income in the tax year in which the contribution is made. Any excess amount may be carried forward and deducted up to the 30 percent limit in the five-year period after the year of contribution.

BONDS OR MUTUAL FUND SHARES. To arrange the transfer of bonds or mutual fund shares, please call the Jewish Communal Fund for instructions.

PRIVATE OR RESTRICTED STOCK, REAL ESTATE, OTHER ASSETS. In the case of restricted, closely held or Rule 144 stock, real estate, art, or other unusual assets, the Jewish Communal Fund maintains a policy governing the terms and circumstances by which we will accept such gifts. Our policy is to review the proposed gift with our legal counsel and to ensure that the gift can be liquidated within an appropriate period of time. Acceptance of such gifts is at the discretion of the Board of Trustees and may be subject to conditions and fees. Kindly call us to discuss your proposed contribution.

TRANSACTION COSTS. When you contribute securities or other non-cash gifts, your fund will be credited with the net proceeds from the sale of the gift, after taking into account transaction costs, such as brokerage commissions. As a result, the amount credited to your fund may differ from the value of your charitable deduction.

MATCHING GIFT PROGRAMS. Certain companies will match a contribution to a donor-advised fund or a grant issued from the fund as part of their corporate matching gift program. Please check with your employer to determine if contributions to your donor-advised fund or grants made from the fund qualify for a matching gift.

THIRD-PARTY CONTRIBUTIONS. Third parties, other than individuals associated with a fund, may make contributions to a donor-advised fund in any amount. The contributors may receive a tax deduction for their gift and will receive a letter of acknowledgement from the Jewish Communal Fund.

Additional and different rules or limitations may apply with respect to your tax treatment depending upon your specific circumstances. Please consult with your tax advisor.