The last business day of 2007 is Monday, Dec. 31 – only 5 weeks away! Five weeks to make the charitable contribution that you have been thinking about – the special gift that simultaneously benefits your community, sets an example for your children and grandchildren, and enables you to save on 2007 taxes.

If Uncle Sam is not high on your gift list, consider:

• Donating appreciated stocks or other tangible assets*
• Opening a donor advised (“philanthropic”) fund with a minimum contribution of $10,000 – or adding to your pre-existing fund.
• Creating a charitable gift annuity or charitable remainder trust
• Establishing a designated or general endowment

If you are 70.5 years of age or older, December 31 is your last opportunity to make a federal tax-free IRA rollover gift of up to $100,000 to a qualified charity. Taking advantage of this time-limited opportunity will enable you to make a charitable donation while satisfying your mandatory distribution requirement. This transfer is not subject to Federal income tax.

* If you are donating mutual funds or individual stocks, please send transfer instructions to your broker by December 15 to ensure that the gift is complete before the end of the year.

For more information about any of these giving opportunities, contact the Jewish Community Foundation at (973) 929-3003 or .