General Charitable Funds

This is JCF’s flagship donor advised fund, which can be established with an initial irrevocable gift of $5,000 or more. Contributors will receive an acknowledgement for tax purposes.* This is the most popular and flexible type of JCF donor advised fund. It is appropriate for an individual or family. This fund may also be established by an authorized representative of a trust, estate, or private foundation. Fundholders (up to four) have the privilege of recommending investment allocations and grants, adding or removing participants on the fund, and naming successors on the fund.

Private Client Group Funds

Similar in structure to a General Charitable Fund, a Private Client Group Fund adds additional customization, a designated senior staff liaison and special services. Private Client Group Funds are established with a minimum irrevocable gift of $1 million. A balance of $1 million provides the fund with access to the alternatives investment program, and to receive specialized client services. Some of the services provided to Private Clients include semi-annual complimentary meetings with JCF’s investment advisor, three hours of complimentary philanthropic advising, educational resources, fees waived on international grant-making, and private consultation for legacy and succession planning.  In addition, Private Client Fundholders may recommend for consideration investment managers not currently on JCF’s platform.  Fundholders have the privilege of recommending investment allocations and grants, adding or removing participants on the fund, and naming successors on the fund. Contributors will receive an acknowledgement for tax purposes.*

Private Client Funds

NextGen Giving Funds (adults 18-30)

Next Gen Funds may be established for or by individuals between the ages of 18 and 30, with a minimum irrevocable gift of $1,800 to help young people get started with their charitable giving. Contributors will receive an acknowledgement for tax purposes.* Fundholders have the privilege of recommending investment allocations and grants, adding or removing participants on the fund, and naming successors on the fund.

Wedding Funds

A Wedding Fund infuses a celebration with added meaning. Fundholders and their guests may make irrevocable gifts of $36 or more to establish this fund, and each contributor will receive an acknowledgement for tax purposes.* When total contributions reach a minimum of $1,800 (for those under 30) and $5,000 (for those 30 and older), the fund will be activated and available to the couple for grant-making. The couple has the privilege of recommending investment allocations and grants, adding or removing participants on the fund, and naming successors on the fund.

Memorial Funds

A Memorial Fund can be created in tribute to a loved one’s memory. When total contributions reach a minimum of $5,000, the fund will be activated and available for grant-making. You, your family, and friends may make irrevocable contributions to the fund in any amount of at least $36 and each contributor will receive an acknowledgement for tax purposes.* Only the family members (or friends) who are designated as Fundholders have the privilege of recommending investment allocations and grants. Fundholders may not represent to contributors that the fund is established to support specific charities unless the Memorial Fund is created as a restricted fund in which the Fundholders relinquish the privilege of choosing additional charities to support. If the Memorial Fund is established to support a particular cause and anticipate a need to fundraise, please see restrictions and requirements on the next page.

*All funds must be funded within one year. If the minimum is not reached within a year, Fundholders will be required to recommend a grant encompassing the entire fund balance less fees to the approved charity of their choice.

Group/Giving Circle Funds

Group Funds provide a way for people to demonstrate their generosity as a community and are appropriate for groups such as giving circles and clubs, when many people will be making contributions to a fund on an ongoing basis. These funds may receive irrevocable contributions from third parties and contributors will receive an acknowledgement for tax purposes.* Contributions should be made payable to JCF, with the specific fund name and/or number notated in the memo field of the check. Fundholders (no more than four) may recommend investment allocations and grants, add or remove participants on the fund, and name successors on the fund. Additional people may be added as Authorized Parties on the fund.

Corporate Funds

A Corporate Fund may be established with a minimum irrevocable gift of $10,000. This fund is appropriate for professional associations, synagogues, and businesses that seek an efficient way to manage their charitable giving. The corporation will receive an acknowledgement for tax purposes. JCF requires a Corporate Resolution signed by two officers stating that the board has agreed to a) the establishment of the JCF fund, and b) the appointment of representatives (one of which must be an officer) empowered to act on behalf of the organization. The Fundholder is the corporation. A minimum of two of the designated representatives must act jointly as Authorized Parties on behalf of the organization. The Authorized Parties will have the privilege of recommending investment allocations and signing grant recommendations. The Authorized Parties may be removed and replaced by a corporate resolution.

Designated Funds

A Designated Fund operates for the sole benefit of a 501(c)(3) public charity, meaning that all assets in the designated fund are granted only to the charitable organization for which it was established. This fund can be used by synagogues, schools, and charitable organizations to segregate funds for a special purpose. The Designated Fund is established with a minimum gift of $50,000 and may receive contributions from third parties. All contributors will receive an acknowledgement for tax purposes.* The charity must provide a Corporate Resolution signed by two officers stating that the board has agreed to a) the establishment of the JCF fund, and b) the appointment of representatives (one of whom must be an officer) empowered to act on behalf of the organization as Authorized Parties. The Authorized Parties will have the privilege of choosing from JCF’s investment platform to recommend an allocation for the fund’s charitable assets. These Authorized Parties also have the privilege of signing grant recommendations to the designated charity. It is recommended that at least two of the Authorized Parties act jointly.

Deferred Funds

A Deferred Fund is a fund established upon your death. We recommend submitting a Deferred Fund Application, which allows you to express your wishes regarding the administration of the assets that will be transferred to the Jewish Communal Fund. You may request to have individuals serve as Fundholders or Authorized Parties on the fund, or you may specify qualified charitable organizations that you recommend receive grant distributions from the fund in your memory. You can attach additional, detailed instructions in a succession letter. If all assets are to be distributed to charities immediately upon receipt by JCF, the fund will be charged the minimum administrative fee covering a 12-month period. 

*Acknowledgement letters will be provided for contributions of $250 and above.

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