Isaac’s story: When Isaac’s father passed away in 2004, Isaac set up a donor advised fund in memory of his father. “So many people wanted to make a contribution in my father’s memory, as a mark of respect. The Jewish Communal Fund tremendously facilitated the wish of all those people. We use the fund to make donations to charities that were important to my father in the field of education and to Israel.”
Matthew’s story: Matthew set up a donor advised fund in memory of his brother, who died at a young age. “I wanted to perpetuate my brother’s memory. The memorial fund at JCF enables me to do that.” Each year the family replenishes the fund. “We always intended for this to be an active fund to keep my brother’s memory alive,” Matthew explains. “We chose the Jewish Communal Fund because it is efficient and has a low fee. But most importantly, it is under the auspices of the Jewish community.”
JCF’s Memorial Funds are a meaningful way to honor the memory of a loved one. A JCF Memorial Fund can be established quickly, and can support charities that your loved one cared about, creating a legacy of charitable giving that continues for generations. With a charitable gift of $5,000, you can establish a Memorial Fund at JCF in your loved one’s name. (Memorial funds can also be established through a bequest). Family and friends may make tax-deductible contributions to the fund at any time, in any amount, in tribute to your loved one’s memory. Designated family members can recommend grants from the fund to IRS-qualified public charities.
4 simple steps to establish a JCF Memorial Fund:
- Read the Policies and Procedures booklet and review our fees.
- Fill out the online application.
- Make an initial contribution of at least $5,000.
- Review the investment performance chart and complete a Fund Investment Recommendation form.
Initial contribution: $5,000
Minimum grant amount: $ 100 ($36 online*)
Additional contributions: any amount
*$36 grants may be recommended online to charities already in our database that do not require additional research.
For more information on how to open a Memorial Fund, please contact Ellen Israelson at email@example.com.