The Perfect Alternative to a Private Foundation
Manage your giving without the administrative expenses and burdens of a private foundation. A JCF fund also protects your confidentiality and affords you a degree of privacy not possible with private foundations. The chart below illustrates significant advantages of using a DAF. A DAF can also sit beside existing foundations for giving that may be off-mission or to involve the next generation.
|Donor Advised Fund||Private Foundations|
|Cash contributions||Deductible up to 50% of adjusted gross income (AGI)||Deductible up to 30% of AGI|
|Appreciated Marketable Securities||Deductible at fair market value up to 30% of AGI||Deductible at fair market value up to 20% of AGI|
|Closely held stock and most other appreciated property*||Deductible at fair market value up to 30% of AGI||Deductible at cost up to 20% of AGI|
|Required annual distributions||Flexible||5% of assets|
|Excise tax on net investment income||None||1% - 2%|
|Annual tax reporting||None for individual fund holder||Annual Federal and State returns|
|Legal and accounting fees||Typically none||Typically incurred annually|
|Confidentiality||Can grant anonymously||The 990PF is available to the public|
* May not apply to tangible personal property like art and real estate.
JCF Accepts Many Types of Assets:
- Appreciated securities
- Mutual funds
- Private foundation assets
- Insurance policies
JCF also accepts interests in charitable lead and remainder trusts.
We Turn “Problems” Into Giving Opportunities
Donors with illiquid assets such as art or real estate can maximize their tax advantage and provide substantial capital for charitable projects by contributing gifts of non-marketable assets, such as stock in closely-held companies, limited partnership interests, limited liability company interests, art and real estate.
Superior Investment Offerings
JCF offers a robust platform of highly rated investment options vetted by our independent investment advisor. Our pre-approved additional investment options include fixed income, global equity, long/short equity hedge funds, fund of funds and private equity managers. The assets in a JCF fund earn tax-free income that is rebalanced into your charitable portfolio.
Enhanced Investment Opportunities for Private Clients
Private Client Donors (minimum fund balance of $1 million) may suggest investment managers not currently on JCF’s platform. Strict due diligence is conducted by JCF’s outside independent investment consultant and is subject to approval by the JCF Investment Committee.
Why wait? Join a robust network of Jewish philanthropists who are addressing needs in every sector. Call the JCF Private Client Group at 212.752.8277, email email@example.com or request more information.
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Why wait? Join the many family offices and other sophisticated advisors who are already part of our network. Visit our Advisor Portal to learn more about how JCF can help you deepen your ties with existing clients, as well as engage with new clients.Visit Our Advisor Page