INDIVIDUALS & FAMILIES: Donor Advised Funds | Endowment Funds
Jewish Community Foundation of Southern Arizona recognizes that our fundholders have unique charitable interests, and we strive to continuously improve our ability to support those interests. Our JCF Philanthropic Advisors can assist you in determining which option(s) are best for you.
Donor-Advised Fund: Give for Today
A Donor Advised Fund allows donors to direct their charitable contributions through one philanthropic fund. A Donor Advised Fund may be established with a minimum of $5,000*.
Select the organizations you want to support. Donors and fund advisors may recommend distributions from a Donor Advised Fund to any qualified 501(c)(3) tax exempt organization; Jewish or within the broader community, local, regional, or national. JCF’s philanthropic advisors can assist with nonprofit research to help ensure that your giving aligns with your impact goals.
Choose the JCF investment pool that meets your goals. Charitable funds entrusted to the JCF can now be invested in any of our investment pools. We will be happy to discuss these options with you and outline the strategies guiding each pool.
Realize immediate tax benefits. Contributions to a Donor Advised Fund are tax deductible, as permitted by law, in the year in which the contribution is made. Additional tax benefits may be realized when donating appreciated stock and other non-cash assets. Additionally, Donor Advised Funds are a cost effective alternative to private foundations.
Make recommendations when you choose. Distributions may be recommended at any time including future years, allowing you to decide when organizations receive your support.
Simplify your charitable paperwork. JCF issues the checks to the organizations selected and provides you with quarterly statements showing all of the fund’s activity.
* Donor Advised Fund Match Program: Ask us about this program in which a donor can receive a $1,000 contribution when they contribute $4,000 or more to establish their first Donor Advised Fund or one for a child or grandchild. Some restrictions apply.
Endowment Fund: Give for the Future
An Endowment Fund is designed to provide ongoing support for the organizations or causes you care about either into perpetuity or for a period of time. An Endowment Fund may be established with a minimum of $10,000.
Choose what is important to you. Fund holders direct which organizations and/or causes will receive annual distributions. JCF helps ensure that your philanthropic wishes are carried out long into the future.
JCF’s endowment investment strategy provides a long term solution. Endowment Funds are pooled and invested in a well-diversified portfolio for long term growth.
The JCF spending rate provides stability and growth. Perpetual endowments use a spending rate, currently at 4%, that provides for a fairly stable annual distribution to the beneficiary organization(s) you choose and allows for long term growth of the fund.
Endowment Funds are distributed annually. Distributions from Endowment Funds are typically made annually and may be made in perpetuity or over a specific number of years.
Many funding options are available. Typically endowments are funded after one’s lifetime. Endowments may also be established during one’s lifetime.
Endowment Funds may provide tax advantages. Tax benefits may be realized depending on the type of contribution and your unique situation.
ORGANIZATIONS & CONGREGATIONS: Custodial Funds | Endowment Funds
Community Partner Funds are established and supported by each organization and or congregation’s donors.
Organizations and congregations establish funds to support operations and core areas, to respond to new endeavors as needs change, and to ease and complement annual fundraising.
JCF legacy experts offer support to the leadership of each Community Partner to help ensure success. There are 2 fund options:
Organization Custodial Fund
Distributions of principal and/or accumulated net earnings of fund are available for distribution semi-monthly.
Additions to the fund may be made at any time and in any amount.
Purpose Restrictions may be imposed by the organization.
Investment of fund may be in either a well diversified portfolio or a conservative money-market type investment or a combination of both.
$5,000 minimum to establish.
Preserves the fund’s principal while creating a source of annual income for the organization.
Spending Rate, currently 4% provides for a fairly stable annual distribution while allowing for long term fund growth.
Purpose may be restricted or for general use.
Investment of endowment funds are in a well-diversified portfolio for long term growth.
$10,000 minimum to establish.