Federation Of Jain Associations in North America
Jai Jinendra,
In May 1981, we embarked on an ambitious mission to create an organization that would preserve Jain values and heritage in North America. JAINA envisioned establishing strong networks between Jain and non-Jain communities to sustain the Jain way of life for generations to come.
Over the past three decades, JAINA has accomplished this and much more. We hold biennial conventions, which bring 3,500 to 6,000 Jains together on a regular basis. We launched Young Jains of America (YJA) and Young Jain professionals (YJP) that are making a difference for thousands of youths and young adults. We have also provided a number of networking and matrimonial services resulting in countless life partnerships.
Today, JAINA has become the hallmark of Jain organizations for others to emulate. The key to our success is attributed to support from donors and professional volunteers like you. We are organizing events in 40+ US states, at the White House in Washington DC, and with the United Nations, to express the Jain values of compassion, nonviolence, love, and peace for all.
The North American Jain community is growing rapidly and because of our educational and professional backgrounds our incomes and wealth have also grown. As our wealth has increased, new challenges arise such as higher income taxes and ultimately estate taxes.
The type of approach would benefit our association much like the large universities, such as Yale and Harvard, where many generous donors have established their foundations and endowment:
o | Cash and cash equivalents | o | Real estate |
o | Publicly traded securities | o | Personal property |
o | Closely held securities | o | Life insurance |
o | Retirement assets | o | In-kind gifts and pro bono services |
DONATION | DONOR'S BENEFITS | |
1) | Cash & Cash Equivalent | May take a charitable gift deduction for the amount of a charitable gift of cash or cash equivalents. |
2) | Life Insurance | Can deduct the premium as donors pay them. Also can deduct the cash value. |
3) | An Outright Gift of Appreciated Marketable Securities | A charitable value of the security on the date of the gift provided the owner owned it for more than one year. In addition, a donor does not incur capital gains tax on the transfer of such securities to JAINA. |
4) | A Charitable Lead Trust | The capital value of marketable or income producing assets to remain in the donor’s family. This is a very unique and efficient way of passing the donor’s assets to the next generation. |
5) | A Charitable Remainder Trust | A donor retains defined income interest for their lifetime. A large income tax deduction now. The trust can sell appreciated security and at the same time no capital gain tax on the realized gain. |
6) | A Bequest | A bequest to JAINA would qualify donor’s estate for an estate tax charitable deduction equal to the entire amount one bequeath. |
Donate easily online by going to Donate by check. Please send your checks to the following address:
JAINA Donation: Att: Gunvant Shah, 12 Ascot Place, North Brunswick, NJ 08902 YOUR BENEFITS OF GIVING TO A TAX EXEMPT ORGANIZATION
1) | Income tax deduction | 6) | Capital gain tax elimination |
2) | Estate tax reduction/elimination | 7) | Gift tax reduction/elimination |
3) | Generation-skipping tax reduction/elimination | 8) | Ability to pass on a significant portion of your assets to children / grandchildren |
4) | Ability to retain income for your lifetime or provide an income for loved ones | 9) | Ability to leave a legacy |
5) | Ability to share values with the family, children and grandchildren | 10) | Ability to serve the community |
We are confident; we can use the available tax benefits to make charitable gifts cheaper, but will not allow the reduction of these benefits to inhibit the wise use of wealth. Of course, you will have the same tax benefits, whether you donate to JAINA, Jain Centers or any other public charity, such as the Red Cross or Harvard University to name a few.
Regards,
Prem Jain JAINA President | Ashok Domadia First Vice President | Jayesh Shah, MD VP West Chair, Fundraising Committee |
JAINA Executive Committee
JAINA Fundraising Committee
With your donation, | ||
"We make a living |