JAINA Convention 2007 07 Edison NJ

Author(s): Federation of JAINA
Publisher: USA Federation of JAINA

Page 31

Implementation of these ambitious future plans will need a coordinated action plan with financial backing. Long range Planning Committee of JAINA is projecting that by the year 2020 JAINA can have an operating budget of $10 million if every member family donates just $200 per year to JAINA. That kind of budget could allow us to have 30 full time highly qualified and talented staff combined with hundreds of volunteers to carry out our vision. The Planned giving committee of JAINA has estimated that over the next twenty to thirty years approximately ten to twenty billion dollars will be transferred from first generation of Jains to next generation. A major share of these transfers could go to our Government through income, capital gains, alternate minimum, gift and ultimately estate taxes. In the USA, tax laws generally are very favorable to generous people. Through Planned giving, one can be very generous to a charitable organization and at the same time pass on the maximum asset to their family members. As a non profit tax exempt religious organization, JAINA can be designated as beneficiary in one's financial planning
Our pursuit of our dreams brought us to this country many decades ago. Since then we have endured many obstacles and have developed into a powerful and thriving community in North America. As our proudest achievements, our children are in line to be the beneficiaries of our efforts. It is time that we started planning for that future and organized ourselves into an organization that not only handles the here and now, but additionally looks forward, plans and anticipates the future needs of our community. The ideas presented here are the tip of the iceberg. Many more will materialize as we start to discuss our future. It is important that the community members give their input as to which direction JAINA should move. As an organization thriving to better serve the people at large, JAINA is ready to listen to these ideas and serve as an organizing body to make sure our dreams of the next 25 years come true. <>
It is time that
we started planning for that future and organized
ourselves into an organization that not only handles the here
and now, but additionally looks
forward, plans and anticipates the
future needs of our community. The ideas
presented here are the tip of the iceberg.
Many more will materialize as we start to discuss our future. It is
important that the community members
give their input as to which direction JAINA
should move.
UM
Jambudweep - Painting Courtesy: Mahendra Shah
14th Biennial JAINA Convention 2007
29
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