Private philanthropy is the foundation of almost every nonprofit organization, including ELTA. To preserve the memory of a loved one, to fulfill a moral obligation, to express gratitude for a service well-performed, to demonstrate deep-felt humanitarian concerns — these are some of the reasons hundreds of thousands of people each year contribute to charitable organizations.

A donor can generally expect to obtain some or all of the following benefits:

• Fulfill personal philanthropic goals
• Reduce income tax through a deduction for the gift
• Avoid capital-gain tax on gifts of long-term appreciated property
• Retain a stream of payments for life for the donor and for other beneficiaries
• Eliminate federal estate tax on property passing to charity upon the donor's death
• Reduce costs and time in estate settlement