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In two moving ceremonies, the Hebrew University of Jerusalem honored the memory of Israel's fallen heroes. In one ceremony, the University awarded scholarships to deserving reservists. In the other, HU’s Federmann School of Public Policy commemorated Major Sagi Golan z”l—an alumnus who was killed while heroically rescuing dozens of families during the defense of Kibbutz Be’eri.
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Three of the four WIZ (an Israeli-American cloud security company) founders—Assaf Rappaport, Ami Luttwak, and Yinon Costica—are Hebrew University graduates. The trio, along with co-founder Roy Reznik, made history with Google’s acquisition of the company earlier this month, surpassing another HU-affiliated company, Mobileye, as the largest exit in Israel’s history. Read more here.
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In a pivotal move to advance agriculture research, education, and innovation, three powerhouse universities—Hebrew University, Sapir College, and Clemson University—joined forces in a significant partnership. Amb. Nikki Haley, a Clemson University alumna, attended the Memorandum of Understanding signing ceremony. Read more here.
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Prof. Yinon Ben-Neriah, a leading cancer researcher at the Concern Foundation Laboratories at Hebrew University’s Lautenberg Center for Immunology and Cancer Research, has been awarded the Israel Prize for his groundbreaking contributions to cancer research. His discoveries have deepened our understanding of the biological mechanisms linking chronic inflammation and cancer. Read more here.
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Department of Classical Studies and Department of Theater History Prof. Dwora Gilula, has been awarded the Israel Prize in the field of literature, poetry, and translation into Hebrew. A distinguished scholar, editor, and translator, her dedication and passion have deeply enriched the world of Hebrew literature. Read more here.
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While the challenges of war persist, the Hebrew University of Jerusalem remains unwavering in its pursuit of excellence, continuously pushing the boundaries of innovation, leading the charge in transformative technological advancements, and maintaining its position as the preeminent academic and research institution in Israel.
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PLANNING FOR A BRIGHT FUTURE
By Neal Myerberg
Myerberg Philanthropic Advisors
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Estate planning can be challenging. It is intended to transfer assets after your lifetime, which can be a bit unnerving. Yet, estate planning creates the opportunity to make a difference for your family and other heirs and provide for charitable organizations you have supported during your lifetime.
Estate planning can be designed to take effect after one’s lifetime or designed as a hybrid of both lifetime and after-life transfers. It can involve individually owned assets (brokerage accounts, real estate) and retirement assets (IRA, 401(k), life insurance). Each asset type may require specific estate planning for tax-efficient transfers.
Supporting charities in your estate planning may optimize results both for heirs and organizations. Partnering with charities helps avoid or eliminate income, estate, and gift taxes—a solution not otherwise available.
When creating an estate plan, consider the following:
- Create an endowment fund for a charity during your lifetime and fund it partially so you can see how it works now. Provide for most of its funding from your estate. The funding is deductible for income tax purposes during your lifetime and for estate tax purposes if provided for in your estate.
- During your lifetime, establish a life income plan to increase your income from underperforming assets. This frees up assets in your estate—that might be otherwise used to provide necessary income—to grow and pass to heirs if you wish. You can also include successors in the life income plan to receive payments after your lifetime.
- Talk to your estate planner about Charitable Remainder Trusts and Charitable Gift Annuities. Using highly appreciated assets, such as stocks, real estate, and works of art, may generate significant tax and other economic benefits. Using cash, particularly for Charitable Gift Annuities, may provide you with substantial tax-free income.
Please contact us for more information at plannedgiving@afhu.org or 212.607.8524. |
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