The Jewish Community Foundation of New Mexico's mission is to build and perpetuate support for a vibrant, caring Jewish community through partnerships with donors and organizations.
The wellbeing of our community depends upon planning for and investing in the future.
Tips On Charitable Giving
A Charitable Remainder Unitrust for You?
by Grace Allison, JD
Many of us want to benefit both individuals and charity in our estate plans. The question is: how to do it? Consider a charitable remainder unitrust, often referred to as a CRUT. As its name suggests, the unitrust is a special type of trust, making cash payouts first to individuals (either for life or for a term of years) and then to a favorite charity or charities. Payout is always a fixed percentage of the net fair market value of the trust, recalculated each year.
Example: Sarah's charitable remainder unitrust pays her 5% of its net fair market value each year for life; at her death, it distributes to the charity or charities named in the trust document.
Example: Josh's estate plan creates a $100,000 charitable remainder unitrust that pays his son Max 5% of its net fair market value each year for life; at Max's death, the trust distributes to the charity or charities named in the trust document.
From Generation to Generation
Susan Jo Keller's path to Judaism, to Santa Fe and to LIFE & LEGACY runs straight through the three children who became part of her life when she met and married her husband, John Wheeler, almost 30 years ago. Keller grew up in Huntington Indiana before going to Indiana University to study Journalism. After graduating, Keller worked for The Courier-Journal in Louisville before going to the New York Times. During this time, Keller met and married her husband and gained three stepchildren. The kids' mother became more religious and so Keller started learning how to keep a kosher and Shomer Shabbat home. She was particularly struck by the teachings about the separation between the holy and unholy in how we eat. Then when her stepson, Simm, had his Bar Mitzvah, Keller was surprised by how she felt she had come home during the service and knew Judaism was for her. Keller then spent the next two years learning and studying for her conversion.
News & Events
Emergency Grants Support Local Resettlement Efforts
The dire situation in Afghanistan resulted in the U.S. admitting at least 50,000 refugees in September. It has been estimated that New Mexico will welcome 400 refugees by the end of the year and into the first quarter of 2022.
NM Legacy Donors Celebrate Community Success
LIFE & LEGACY participants continue to help build endowments to support the NM Jewish organizations and causes near and dear to their hearts.
Jewish Women's Endowment Fund Reaches Milestone
The Jewish Women's Endowment Fund (JWEF) surpassed its founders' target fund balance of $100,000 this year.