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.
EVERYONE Can Participate
Being Jewish and having a Jewish community has always been important to Jeff and Diana Paul. The couple joined Temple Albert in 1991 after their daughter was born. Since then they have been active members, board members, and have been very involved with the Sisterhood and Brotherhood. Temple Albert gave them a Jewish place to raise their daughter, where she could have Jewish friends and a Jewish education. The Pauls are regulars at Cafe Shabbat and other services every month (in person or "virtual").
Jeff and Diana are leaving an after-lifetime gift to Temple Albert's endowment because they understand how important having a Jewish community and religious community have been to their family. As Jeff said, "one of the best ways to keep Jewish history and culture alive is to keep synagogues and congregations alive."
News & Events
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.
$15,000 in Grants Support Refugees & Immigrants
A Jewish community response to the welfare and safety needs of immigrants, asylum seekers and refugees in Albuquerque and New Mexico continued in 2021 for a fourth year.
Two Students Receive 2021 Isbin Scholarships
Congratulations to Joshua Medina and Arielle Roybal, recipients of the 2021 Neil Isbin Scholarships.
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.