Ways to Pay Tribute
We understand that giving back is about more than monetary contributions; it is also a profound way to remember and appreciate what connects us to our heritage, our community, and future generations. Whether you seek to commemorate a beloved family member, honor a cherished friend, celebrate a joyous occasion, or recognize an important achievement, our philanthropic options accommodate a wide array of heartfelt intentions.
Our funds provide the ideal platform for expressing love, admiration, and respect while creating a lasting impact on the causes that matter to you most. Embrace the power of philanthropy to honor those you love and create an inspiring legacy for generations to come.
If you’d like to speak to an expert about any of the options below, please reach out by phone at 323.761.8704 or by email.
Endowments
An Endowment Fund is designed to provide support in perpetuity, ensuring that the honoree's legacy lives on through annual contributions to their favorite cause. Your endowment will be invested for generations to come, and each year, a certain percentage of the assets will be distributed to your chosen charities or causes.
An endowment is a wonderful way to honor someone forever.
Donor Advised Funds
A Donor Advised Fund (DAF) offers a versatile and effective way to honor a special person
or commemorate a significant life event through philanthropy.
There are two ways to honor someone by opening a DAF:
Dedicating Your Donor Advised Fund
You can establish a charitable fund in the name of the person you wish to honor, be it a family member, friend, or mentor. With a DAF in dedication to someone, you can support charitable causes that hold personal significance to the honoree. As the fund advisor, you recommend grants from the fund to nonprofits that were close to their heart.
Involving Your Friends and Family
A Tribute Fund enables you to support charitable causes that hold personal significance to the honoree or align with their cherished values. It also allows family members, friends, or your community to contribute to the fund. This collective effort fosters a sense of unity and shared purpose, amplifying the impact of the tribute. Tribute Funds enable you to:
- Memorialize loved ones upon their passing
- Celebrate milestones like a birthday, wedding, anniversary, and bar or bat mitzvah
- Recognize a professional accomplishment, like a retirement
Additional Resources
Interested in exploring more?
Contact us at 323.761.8704 or fill out the form below.
* This list is not intended to be all-inclusive of acceptable complex assets. The Foundation may not accept any gift not deemed to be in its best interest.
** You may be able to take a charitable deduction of the fair market value of the contribution in the year of the gift, up to 30% of your adjusted gross income. If the amount is greater than what can be used in one year, the excess deduction can be carried forward for up to five years. With donations to a private foundation, the charitable deduction is generally limited to cost basis up to 20% of adjusted gross income.