An Endowment Fund from The Foundation allows you to create a permanent legacy and support the specific causes that mean the most to you. It will help you optimize your financial, tax and estate plans-even generate lifetime income-while building permanent resources for the community.
We work closely with you to define your wishes. Then, you can rest assured knowing we will manage your charitable funds with care and distribute them in keeping with your wishes.
Keep reading to learn more about:
- Advantages of an Endowment Fund
- How to Create an Endowment Fund
- Choosing the Fund That's Right for You
- How The Foundation Makes it Easy
Advantages of an Endowment Fund
- Establish a permanent legacy in your name or in the name of a loved one.
- Support the Jewish community and thecommunity at large for generations.
- Qualify for significant tax advantages.
- Connect future generations of your family to the causes that are important to you.
- Enjoy the peace of mind you get knowing that your Endowment Fund will be professionally managed and that your charitable intent will be fulfilled.
How to Create an Endowment Fund
- Create an Endowment Fund with a minimum initial contribution of just $10,000 in the form of cash, real estate, marketable securities, closely held stock or certain other assets.
- The Foundation typically charges an annual administrative fee of only 1% (or less) based on the market value of the assets in your fund.
- You can transfer assets to The Foundation as a direct gift during your lifetime or upon your passing with a bequest, through your will or trust. Or both.
- You can also choose to fund your Endowment Fund using your Charitable Gift Annuities or Charitable Trusts.
Choosing the Fund That's Right for You
The Foundation's endowment professionals can explain how each of the following funds work, and help determine which fund or combination of funds best meets your philanthropic, financial and estate planning goals. Contact us today: (323) 761-8704, or by email.
The Foundation's Permanent Legacy Fund
Provides solutions to the emerging needs of our community. Your Endowment Fund will perpetually seed new and innovative programs and strategic initiatives throughout greater Los Angeles, support the capital needs of Jewish institutions, and provide relief assistance during emergencies. Find out why this was the right solution for The Langes.
United Jewish Fund Legacy Fund
Supports the Los Angeles Jewish Federation, its family of agencies and its programs. Your Endowment Fund will continue to contribute to The Federation's annual campaign to meet critical needs-locally, nationally and internationally, including in Israel-long after you're gone. Find out why this was the right solution for The Kirshners.
Field of Interest Legacy Fund
Provides annual support for the cause or area of need most important to you. For example, you can support Jewish education, arts and culture, elder care or medical research. Find out why this was the right solutions for The Krupnicks.
Restricted Legacy Fund
Continually supports the specific charities or nonprofit organizations of your choosing-Jewish or otherwise. Benefit the institution(s) of your choice, be it a particular synagogue, day school, university, museum, hospital, home for the aging, or virtually any other nonprofit organization. Find out why this was the right solution for The Ellisons.
How The Foundation Makes it Easy
Twice a year, you'll receive a statement of your fund's activity, including contributions, distributions and investment results.
Your charitable intent will be met, regardless of changing circumstances. If your Endowment Fund is set up to support a particular organization and that organization is no longer in existence, The Foundation will identify another nonprofit with a similar mission and direct distributions there.
