Every individual is a pillar on which the future of Judaism rests.

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
JCFNM Board Member

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.

Example: Same facts as in prior example. During the first year of the unitrust, Max will receive $5,000. But, if the trust grows in value, Max's cash payouts will increase as well.

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Donor Spotlight

Jennie Negin Shines!

In the late 1950's, a fellow college classmate asked me why I was Jewish. Without giving it much thought, I answered "Because my ancestors went through so much so that I could be Jewish in America today."

Afterward I thought of a myriad of other things I could have added. One being, I had such a rich Jewish life growing up in Tampa, Florida. In addition to my home, there was my synagogue, the JCC where I went to Girl Scouts and later learned to dance and so much more. At the time I didn't give much thought to how those things happened, but as I have taken part in Jewish community life as an adult, I see that there is lots of effort and dollars that make these things happen.

While I have supported, and still do support, many Jewish institutions, I want to leave the legacy that my ancestors left for me — the ability for others to be Jewish in the future.

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News & Events

LIFE & LEGACY Celebrations in Albuquerque and Santa Fe

The Foundation recognized and thanked our "first wave" of mensches in the Albuquerque & Santa Fe Jewish communities who've committed to make (or already made) a legacy endowment gift.

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NYU Professor Shares Insights

Dr. David Engel, Professor of History and Professor and Chair of Hebrew and Judaic Studies at New York University presented two intriguing lectures at UNM on March 25th and 26th.

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Round Two of Grants from Immigrant & Refugee Assistance Fund

Thanks to donor support, the Foundation replenished the fund created in 2017 to respond to concerns about the welfare and safety of immigrants and refugees in Albuquerque and New Mexico.

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