A Donor Advised Fund is like a “charitable savings account.” You receive both tax and philanthropic planning benefits in a simple format with great flexibility. Donors make gifts to the Foundation and the proceeds, which are immediately tax deductible, are placed into a fund named by the donor. The Foundation will consider your personal recommendations for disbursements from your fund to approved charitable organizations. Donor Advised Funds offer the benefits of immediate tax advantages, and the convenience of management services from the Foundation’s professionals.
Donor Advised Funds can be opened, and maintained, with a minimum of $2,500 in appreciated stocks, cash or credit card. You name the fund for your family or as a memorial to a loved one and you recommend grants, minimum of $100 each, to any not-for-profit organization. You can even designate other family members to succeed you as advisers to the account - into perpetuity.
You get a full tax deduction in the year you make your gift and you can defer your distribution grants to future years. The Foundation writes all the checks and provides you with quarterly statements on your Fund’s balance and distributions.
Depending on the type of Donor Advised Fund you open, the assets in your Fund can grow tax-free with a fee based fund (1% of assets or $500 minimum fee) or your fund can be administered completely free with the Foundation receiving the investment gain on the fund.
It is important to note that your fund can recommend distributions to both Jewish and non-Jewish charities throughout the world. When our Foundation check is sent as a donation to a health facility, your Alma Mater, or your favorite arts & culture non-profit it has the double benefit of associating both your name AND the Jewish Community Foundation to your gift.
• Qualify for Maximum Tax Benefits • Charitable Gifts are Conveniently Managed • Money is Professionally Managed • Teach Your Children the Tradition of Tzedakah • Honor a Family Name or Loved One
Anonymous Howard and Sara Alexander Ettarae and Herbert Alpert Steve Barenholtz Memorial Marc and Karen Beckman Martin and Nancy Belkowitz Benjamin & Ilana Berinstein Gerald & Barbara Black B’nai Israel Neil & Jan Bronstein Joan and Harold Burstyn Family Jerome and Phyllis Charney Paul S. and Linda T. Cohen Chesed Fund CNY Discover Day School William and Sylvia Cohen Joshua Ian Davis Memorial Sidney & Suzanne Devorsetz Discover Day School Engel Family Fund Susan & Mark Field Freeman Family Fund Frumah Packard Cemetery Fund Allen & Nirelle Galson Edgar & Eva Galson Rosalind Gingold Irwin & Beth Goldberg Harlean and Leonard P. Goldberg Marvin A. Goldenberg Edward and Joan Green Alyse and Philip Holstein Alexander and Charlotte Holstein David and Sally Hootnick Martin Irwin Elaine & Steve Jacobs Daniel & Rhea Jezer Jewish Family Service / Pomeranz Robert and Jessie Kellman Victoria Foreman Kohl Family Kolodney Family Fund Richard and Olivia Kronhaus Sheldon & Karen Kruth Sue Yaffee Kurn Linda H. and Jay M. Land Elliott Meltzer Family Fund Karoline & Willie Ment Family Wendy Meyerson/Andrew Fox Family Hy & Anne Miller Family *Morgan Raod Investors, LLC David T. and Ellen C. Nash
Natur-Tyme Community Fund Neulander Family Community Fund The Nice Fund William Pearlman Philip C. & Marilyn L. Pinsky Family Howard & Ann Port Joseph & Lynn Romano Paul and Georgina Roth Alan & Ann Rothschild Arnold and Libby Rubenstein Rubenstein-Riley William Serog L. and S. Shapiro Memorial Debrah and Barry Shulman Mitchell and Louis Shulman Ann Singer Family Fund Corinne & Lynn Smith Sharon & Barry Slosberg J. Jeffrey Solomon Family Sonne Family Pomeranz special needs (1) Pomeranz/Shankman JCC Kosher Lunch Pomeranz/Shankman Jewish Cemetery Pomeranz/Shankman Tech Funds (2) Pomeranz/Shankman/Martin 2014 special needs (4) Pomeranz/Shankman/Martin 2015 special needs (12) Pomeranz/Shankman/Martin 2016 special needs (19) Pomeranz/Shankman SHDS Challenge Pomeranz/Shankman Syracuse Cemeteries Challenge Pomeranz/Shankman Response to Hunger (4) Pomeranz/Shankman/Martin Syracuse Community School Springer- Schram Fund Starlight Fund Syracuse Jewish Children’s Fund Temple Concord Response to Hunger The Leslie Fund Gershon and Dina Vincow Wells Family Zawadzki, Bronia & Moisha