In addition to cash contributions by credit card or check as described above, there are numerous other ways to give monetary support to Friedman Place.

Planned gifts are arranged now to benefit Friedman Place in the future. They are useful tools for estate planning, often yielding both immediate and deferred tax savings. They can be effective strategies for assuring financial security for the donor, the donor's family, as well as Friedman Place. They can also provide peace of mind in the knowledge that one's wishes will be carried out. These gifts are in the form of wills, trusts, retirement plans, or life insurance policies. A good planned gift should protect the donor from adverse tax consequences, protect the donor's assets, and maximize the donor's philanthropic capacity. Planned gifts should always be made in consultation with your lawyer, accountant, or financial advisor, and a representative of Friedman Place. Please contact the Development Office: 773-989-9800 for more information.

Bequests | Stock and Real Estate Gifts | Life Income Vehicles

Bequests have been an important source of support throughout the history of Friedman Place and the Association of Jewish Blind. Many loyal friends have found that a bequest is a relatively easy way to ensure the future of our mission to serve blind and visually impaired people.

There are several ways to make a bequest or gift through your will to Friedman Place. The provision you choose will depend upon your circumstances, what type of property you wish to bequeath, and your other obligations. The kinds of bequests you can make are:

Specific Bequest: You bequeath a specific sum of cash or other property for a program you name or for Friedman Place's use where most needed. Here is suggested wording for making a specific bequest: "I bequeath to Friedman Place of Chicago, IL, the sum of $________, to be used by said corporation for its general purposes."

Residuary Bequest: In this case, you bequeath a specified percentage or all of the assets remaining in your estate after other expenses and bequests have been paid.

Contingent Bequest: In this case, you direct that a specific amount or a percentage of your estate be paid to Friedman Place, only if your other beneficiary(ies) does(do) not survive you.

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Stock and Real Estate Gifts
You may wish to give Friedman Place a gift of securities, including stocks, bonds, or mutual funds that have appreciated in value, or a gift of land or buildings. Gifts of publicly traded securities and real property provide you with a double tax benefit. First, you can avoid capital gains tax and, second, you can receive a charitable income tax deduction for the full fair market value of the gift. Please contact the Development Office: 773-989-9800 for more information.

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Life Income Vehicles 
There are several ways to make a gift to Friedman Place, and receive income payments for life.

Charitable Remainder Trust: This vehicle allows you to name one or more beneficiaries to receive income for life or for a term of years, after which the trust assets revert to Friedman Place.

Charitable Lead Trust: This vehicle allows you to provide income to Friedman Place for a specified number of years, after which the trust assets revert to your heirs. This plan provides a unique means of passing assets to your loved ones while significantly reducing estate taxes.

Friedman Place can provide you with information on any of these and other planned giving vehicles. We can also refer you to an independent professional for assistance. Please contact the Development Office: 773-989-9800.

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Donate to Friedman Place
5527 North Maplewood: Chicago, IL 60625 Phone: (773) 989-9800