Israel Bonds: A TOP Way to Give

The purchase of Israel Bonds demonstrates a commitment to Israel but they can also be used to support your local Jewish community as well. A person can use Israel Bonds for charitable giving in two ways.

1. Donate an existing bond to TOP Jewish Foundation. This way a donor can earn a tax deduction for the fair market value of the donated bond.

2. Purchase a bond through TOP Jewish Foundation. In this case, the donor can earn a tax deduction for the amount of money used to purchase the bond. TOP Jewish Foundation then buys a bond in the person’s name and establishes a charitable fund.

Donor’s can use bond interest, if there is any, as well as the full value of the bond at maturity for charitable giving through a named charitable fund held at TOP Jewish Foundation.

The purchasing of Israel Bonds through and/or the donating of existing bonds to TOP Jewish Foundation can earn you a favorable tax deduction while alleviating the hassle sometimes associated with redeeming mature bonds. More compelling, bonds and/or their income derived can be used to support your favorite charities!

“In one effort I can support Israel through an Israel Bond purchase, support the efforts of TOP Jewish Foundation and earmark the bond’s interest and face value for future charitable giving. It’s just good financial, tax and philanthropic sense,” says Orlando native Dick Weiner, who with his wife, Louise, established a charitable fund to support the future capital expansion efforts of Congregation Ohev Shalom.

“We had purchased an Israel Bond because we wanted to help Israel. We then donated the bond because we wanted the money to strengthen the local Jewish community. It was a win-win situation because through the purchase of the bond we received a tax deduction and furthered our Jewish interests both in Israel and here in Orlando,” explains Julian Meitin of Orlando.
Ron and Mardi Shader of Orlando established their donor advised fund at TOP Jewish Foundation through the donation of existing Israel Bonds.

“What’s even better than TOP Jewish Foundation holding the bonds, it’s that when the bonds mature we don’t have to handle all the paperwork to collect the face value of the bond. Better still, we can recommend the purchase of more Israel Bonds through our donor advised fund at TOP Jewish Foundation. The fund is convenient for us and offers all the flexibility we want,” explain the Shaders.

“I have purchased new Israel Bonds for years and added them to my TOP donor advised fund. This allows me to support my charitable Jewish interests in Israel and my local Jewish community interests all at the same time,” adds Joe Hara of Orlando.

TOP Jewish Foundation holds more than $1.6 million in Israel Bonds as a part of its overall foundation investments and for many donors that have Israel Bonds within their foundation charitable funds.

State of Israel Bonds is an international organization offering securities issued by the government of Israel. Since its inception in 1951, Israel Bonds has secured more than $25 billion in investment capital to develop Israel’s economy and has maintained a perfect record of redemption and interest payment.