With an endowment fund, the principal isn't typically spent, allowing the fund to essentially last forever. Consider these two options when creating an endowment:
An unrestricted fund. If you make a gift without restrictions to an endowment fund, our leadership will direct the funds to our most critical needs.
A designated fund. You may determine in advance what programs or services you want your donation to support. The specific details will be incorporated into a the endowment agreement between you and the Jewish Community Foundation of Los Angeles.
Regardless of what type of endowment fund you establish, the satisfaction associated with charitable giving is immense. One easy way to fund an endowment fund is by remembering The Foundation in your estate plans.
Contact Us
We would be happy to assist you in your charitable planning. Contact our Development Office at 323-761-8704 or development@jewishfoundationla.org to learn more about options that may work for you.
This article is designed to provide accurate and authoritative information in regard to the subject matter covered. It is provided with the understanding that the editor and contributors are not engaged in rendering legal, accounting or other professional services. Therefore, the contents should not be applied as legal or financial advice.