Donor Advised Fund
The Foundation charges your fund an annual fee of 1.5 percent of the balance.
Endowment Fund
Typically, The Foundation charges an annual administrative fee of one percent (or less) based on the market value of the assets in your Endowment Fund
Family Support Organization
The cost of maintaining a Family Support Organization through The Foundation is significantly less than that of a private foundation, leaving more of your hard-earned assets for charitable giving. An annual distribution made from your Family Support Organization to The Foundation helps cover administrative costs and supports The Foundation's annual grants program.
On an annual basis, ¾ of one percent of the first $2 million of assets, or $7,500 (whichever is greater), and ½ of one percent of the next $2 million, is distributed to The Foundation and helps support its Permanent Legacy Fund annual grants program. Thereafter, ½ of one percent of all assets in excess of $4 million is distributed by your Family Support Organization's board of directors to programs and projects that are part of the Jewish Community Foundation's annual community grants process. In addition, the annual cost of tax preparation and of directors' and officers' liability insurance is paid by your Family Support Organization.
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.