Types of Funds
The Jewish Community Foundation offers a variety of gift vehicles to meet your needs and wishes.
Donors at JCF appreciate the opportunity to use their charitable gifts to support multiple worthy causes and pass on the spirit of tzedakah to their children and grandchildren. Donors also often want to maintain some influence and flexibility over the way grants are made to organizations.
Donor Advised Funds – Are flexible, cost-efficient tools for you to direct all of your charitable giving in one convenient account. You contribute when it is most convenient for you, and then recommend grants to other charitable organizations whenever you like. JCF handles all the paperwork, and you get simplified record-keeping – because you can support many of charitable organizations without having to retain records for each organization you support. Review your account or make grant recommendations online, and receive regular accounting from JCF. Plus, your donor advised fund is invested with the Foundation’s other assets, allowing you to stretch your charitable dollars even further. Think of a donor advised fund as your charitable checking account!
Endowment Funds – Are permanent charitable funds that you designate to support favorite organizations, fields of interest, or both. Endowment funds preserve and invest the principal, distributing 5% of the fund annually, according to your directions. This is how the fund remains a permanent source of support. As your fund grows over time, your annual distributions grow, too, so your giving remains relevant for generations to come.
Nonprofit Endowments – The Jewish Community Foundation works with Jewish nonprofit organizations throughout the Valley to help them create and grow dedicated endowment funds as a permanent source of support for their work. The Foundation serves as the planned giving and endowment department for the Jewish nonprofit community. Learn more here.