SECURING OUR FUTURE
Through the Centennial Fund, Nina and Bernie Kent
Support the Future of Our Community
* p
s chair of the United Jewish Foundation's
The Centennial Fund is the central endowment campaign
Investment Committee, Bernie Kent understands
for ensuring the long-term security of Jewish Detroit.
how wisely our communal funds are being invested.
There are a variety of ways to contribute, including both
At the same time, as chair of Federation's Community
lifetime and testamentary gifts. Using creative estate
Services Division, he sees how our communal agencies
planning strategies, the Kents receive a current income
skillfully assist those in need of community resources.
tax deduction for the full amount of their contribution.
Both Bernie and his wife Nina feel a deep responsibility
In addition, their children are entitled to receive the
for the continuity of our Detroit Jewish community.
majority of the growth of assets at the end of the CLAT,
They also wish to maximize the resources that they
free of any taxes. "This type of gift allows our family to
leave to their children, Spencer and Chloe. For these
benefit from the low current interest rates and lock
reasons Bernie, a prominent tax and financial planner,
them in for the next thirty years," says Bernie. "This is a
and Nina have decided to create a grantor Charitable
rare opportunity to help the Jewish community and our
Lead Annuity Trust (CLAT) to support Federation's
family at the same time."
Centennial Fund.
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