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THE MICHIGAN CHRONICLE
December 2-8, 2009 Page C-4
Turn generosity into a tax break, save lives
In these tough economic value in two ways: a charitable year-end giving. you are eligible for a $5,000
times, charitable giving be- tax deduction for the donor
If you donate appreciated
charitable deduction and you
comes even more critical. and hope to the 913,000 Amer-
shares that you have owned for
would avoid $600 in capital
Whether the financial mar- icans who are currently bat-
a year or more, you can claim
gains tax that would have been
kets are strong or weak, blood tling blood cancer and depend
due on the increased value had
cancers strike patients indis- on research advanced to find
a deduction for the stock’s
you sold the stock.
criminately, at any age, at any cures and better treatments.
full market value regardless of
economic level. This year end,
what you actually paid for the
For those who prefer the sta-
Recent stock market gains
when taking stock of available
investment. Further, you will
bility of fixed income over the
are encouraging to some inves-
assets for charitable giving, it
not owe any capital gains tax
unpredictable stock market,
tors following last year’s price
is very important for donors
on the appreciated amount.
a charitable gift annuity from
plunge. But many are more at-
to get the best value for their
LLS can be a good option. A
tuned to market uncertainties
For example, say you pur-
contribution.
gift annuity earns an immedi-
than in the past and want to
chased stock for $1,000 a few
ate tax deduction and provides
A contribution to The Leu- protect their gains. One way
years ago and today, that in-
lifetime payments to one or
kemia & Lymphoma Society you can lock in the value of vestment is worth $5,000. If
two beneficiaries. And the
(LLS) this year end provides an investment is to use it for you donate the shares to LLS,
older the income beneficiary
is, the higher the payments
Is your personal information safe with the Census?
will be. Funding a gift annuity
with appreciated stocks yield
The thought of someone in-
federal programs It is also important to note
additional tax benefits.
vading your privacy is enough
SEN. MARTHA SCOTT (left) met with a student at Yemin Orde
to discourage most citizens
• Promise to inform you about
that certain questions assist
“LLS relies on the generos-
Youth Village, which serves children and young adults who
government agencies with un-
who already feel that the gov-
the purpose of the survey
ity of donors to fund lifesav-
derstanding the economy and
cannot live with their families. In many cases, the children have ernment is asking too many
and the Census
ing cancer cures and provide
provide input to cost of living
immigrated to Israel without their families; some are orphans
questions. However, the U.S.
critical services to patients
• Be respectful of your time measures. The information
Census Bureau is governed
and their families, and creat-
and others have difficult family situations.
by law to protect the informa-
and personal information
gathered, such as the location
ing a charitable gift annuity is
of your employer and how you
tion gathered by each and ever • Exercise complete confiden-
a great way to help while also
Israel: My
travel to work, helps to deter-
person who is counted. Title
tiality in protecting your in-
providing the donor the secu-
mine commuting times to es-
13 is the law under which the
formation
rity of fixed payments at a nice
Census Bureau operates. The
tablish public transit routes,
rate of return,” said Peggy
unique voyage
law guarantees the confiden-
That is why such serious
and build new roads.
Shriver, executive director of
tiality of census information
and stringent safeguards for
So it is with confidence that the Michigan chapter.
and establishes penalties for privacy have been put in place we say taking part in the 2010
For information on how to
disclosing this information. and why the Census Bureau is Decennial Census is easy, im-
By Sen. Martha Scott
daily, we also learned about
make donations, visit www.lls.
unique from other agencies. portant and safe.
challenges more familiar to
Title 13 law stipulates that
org/donate.
I recently returned from an
state legislators: education,
private information is NEVER
educational seminar for Afri-
business development, tech-
published. It is against the law
can American leaders in Israel
nology and employment. Many
to disclose or publish any pri-
sponsored by the American
of the issues that I deal with in
vate information that identi-
Israel Public Affairs Commit-
the Michigan Senate are also
fies an individual or business
tee (AIPAC). The trip, my first
front and center for Israeli pol-
such as your name, address,
to Israel, was a remarkable
icymakers.
social security number or your
and eye-opening experience.
phone number. In addition,
Whenever I have the privi-
the information collected is
The majority of our time was
lege to travel abroad, I begin
used statistically and cannot
spent in Jerusalem, where we
my trip astonished by the di-
be used against you by any
met with politicians, archeolo-
versity of our world and its
government agency or court.
gists, historians, journalists,
people. Yet when I begin to
All Census Bureau employees
schoolchildren and business-
interact with the people, I
have taken an oath and are
people. It was also my great
soon find that our similarities
subject to a jail term, a fine, or
honor to meet with Prime Min-
quickly outweigh our differ-
both if they disclose any infor-
ister Benjamin Netanyahu.
ences.
mation that could identify you
We toured the Old City
Photographs from the trip
or your household. The redis-
and the Holy Basin, as well
are available at my website,
tricting of representatives and
as outlying Jerusalem neigh-
www.senate.michigan.gov/
the more than $400 billion the
borhoods. We visited the Yad
Scott.
federal government distributes
Vashem Holocaust Memorial
yearly is based on the popu-
For more than half a cen-
Museum, the Mevasseret Zion
lations of cities, states and
tury, the American Israel
Immigrant Absorption Center,
counties, not the names and
Public Affairs Committee has
and the Western Wall. We trav-
personal information of the
worked to help make Israel
eled to the West Bank and met
individuals in those places.
more secure by ensuring
with settlers. We visited the
that American support re-
The Census Bureau depends
Masada National Archeologi-
mains strong. From a small
on your cooperation and trust
cal Site at the Dead Sea. The
pro-Israel public affairs bou-
as we will make every effort to
final part of our trip was spent
tique in the 1950s, AIPAC has
protect the confidentiality of
in Tiberias, on the Sea of
grown into a 100,000-member
your information. Our privacy
Galilee, where we toured the
national grassroots movement
principles serve as a guideline
Israel-Syrian border.
described by the New York
to ensure that we keep first
While we learned about the
Times as “the most important
in mind you, the citizen, your
unique problems of security
organization affecting Ameri-
rights and concerns as we:
and terrorists, settlements
ca’s relationship with Israel.”
• Will only ask necessary in-
and refugees that Israel faces
formation that can be used for
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