Leave a Legacy through Endowments

Your commitment to the Jewish community is evident in everything you do – the responsibility you take, the care you give, and the values you teach. Now you can extend your commitment. You can inspire the next generation and the generations after that. You can make a connection to the future. That connection begins with your legacy.

Endowments can be established during your lifetime or through your estate plan to meet your philanthropic interests and match the current and future needs of your favorite charitable organizations. Endowment Funds can be established to honor or memorialize family or friends while supporting your favorite charities at the same time.

You can establish an Endowment Fund with a minimum gift of $25,000 in cash, stock, or other property.

We offer two types of endowments:

  • Permanent Endowments: These endowed gift funds are structured to allow a gift to grow over time to create permanent charitable resources for your favorite charitable organizations. A spendable income amount is calculated and made available in a grant to the organization annually. When establishing a new permanent endowment, the donors work with the Foundation to establish criteria regarding the purpose and designee of the fund.

  • Quasi Endowments: These endowment funds, often referred to as spend down funds, are structured to allow annual gifts to be made from both income and principal. When establishing a new permanent endowment the donors work with the Foundation to establish criteria regarding the purpose and designee of the fund.

Some of the benefits of an Endowment Fund are:

  • Donors receive an immediate tax deduction for endowments established now. Depending on the gift vehicle for after-lifetime gifts, benefits vary (options include bequests, annuities, life insurance, and retirement plans).

  • Allows you to meet your philanthropic interests and provide current and/or future needs for your favorite charitable organization and purpose.

After-lifetime gifts can be made through vehicles such as charitable bequests, charitable gift annuities, or life insurance or retirement plans. For more information on charitable bequests language, click here.


Contact us at foundation@jewishforgood.org for more information on starting a fund.