The Jewish Community Foundation of Los Angeles is the largest manager of charitable assets and the leader in planned giving solutions for Greater Los Angeles Jewish philanthropists. Since 1954, it has been helping donors develop effective tax and estate planning strategies, build legacies and facilitate their philanthropy through charitable funds established at The Foundation. The Foundation currently manages assets of $880 million (unaudited as of Dec. 31, 2013) and ranks among the 11 largest Los Angeles foundations.
No. The Foundation does not solicit annual campaign gifts from its donors on behalf of any organization.
Yes. The Foundation strictly guards the privacy of all donors and their sensitive personal and financial information. All communications, documents and discussions are held in the highest confidence.
The Foundation’s highly skilled Investment Committee–a group of professional money managers who oversee portfolios totaling more than $20 billion for investment management firms, brokerage houses, banks and corporations–is responsible for managing your money. The Investment Committee regularly reviews the financial markets and economic environment to decide upon the best asset mix. It also uses investment management firms whose proven expertise, within specific asset styles, offers an opportunity for outstanding performance in rising markets, while limiting losses in difficult ones. The Investment Committee has provided donors with an option when it comes to investing money from their Donor Advised Fund. Called the Donor Advised Fund Investment Program, it allows donors who have such a fund with a minimum balance of $50,000 to make recommendations in up to four mutual funds managed by Fidelity Investments as long as they are within the guidelines established by The Foundation’s Investment Committee.
The Foundation is an integral part of the local Jewish community and the Los Angeles community at large and as such, offers you comprehensive guidance through its network of collaborative relationships. The Foundation, with its commitment to personal service, can offer strategic guidance and consulting on best philanthropic practices through its staff's expertise as well as the Center for Designed Philanthropy, a service not offered by national commercial brokerage firms.
Yes. We've helped many people set up real alternatives to private foundations. The Foundation has programs that are more tax advantageous and without any of the distribution requirements, excise taxes and other headaches associated with starting your own foundation. You can also use assets like real estate and closely-held stock which are problematic to use in funding a private foundation. If you establish a Family Support Organization, we take care of all bookkeeping, compliance issues and other record-keeping, so you and your foundation board can keep focused on the joy of philanthropy and fulfilling your charitable passions, and leave the administration and management to us.
Having a fund at The Foundation will spare you the paperwork, research, administration and staff costs involved in managing an independently-run private foundation. Additionally, with broad expertise in charitable giving practices, The Foundation is able to strategically guide you in meeting your philanthropic, as well as tax and estate planning objectives. Please visit the Types of Funds section for more information about the range of funds and services we offer. Further, our Center for Designed Philanthropy helps donors shape meaningful, personalized philanthropic strategies, build consensus among families, and develop creative solutions to magnify the impact of their giving.
Our donors use their funds at The Foundation to make charitable distributions to a wide variety of nonprofit organizations in both the Jewish community and the community at large. The Foundation itself awards grants on a competitive basis through its Community Grants Program to nonprofit organizations and agencies primarily in the Greater Los Angeles Jewish community, as well as in the community at large and in Israel. In 2013, The Foundation and its 1,000-plus donors distributed $65 million in grants to hundreds of organizations with programs that span the range of philanthropic giving.
No. The Foundation is committed to the concept of tikkun olam - repairing the world. As such, we and our donors support nonprofit organizations and programs in both the Jewish community and the community at large. These include Jewish, as well as non-denominational organizations such as colleges and universities, health organizations, environmental causes and social service groups, among others.
Yes. The Foundation's Center for Designed Philanthropy is a one-stop consulting and information center designed to help people maximize the impact of their philanthropic giving. Through a series of educational events and information sharing practices, participants in the Center can learn more about strategically planning their philanthropy and collaborating with other philanthropists on areas of mutual concern.