A donor advised fund, which is like a charitable savings account, gives you the flexibility to recommend how much and how often money is granted to the Jacobson Jewish Community Foundation and other charities.
You transfer cash or other appreciated assets to a tax-exempt sponsoring organization like the JJCF. You can then recommend—but not direct—how much and how often money is granted. In addition, you avoid the cost and complexities of managing a private foundation.
In return, you may qualify for a federal income tax charitable deduction at the time you contribute to the account. This also allows for a centralized giving and record-keeping system in one location.See How It Works
Joe and Laura want to give back to our community hometown by putting their money where it will do the most good. They establish a $25,000 donor advised fund with the JJCF.
The couple receives a federal income tax charitable deduction for the amount of the gift. They also get all the time they need to decide which charities to support.
After researching community needs with the JJCF’s staff, Joe and Laura recommend grants for the JJCF (which they've supported for years) and the Jewish Day Schools that they both attended. The foundation presents the charities with checks from the Megan Fund, which Joe and Laura named in honor of their daughter. Joe and Laura are delighted to start this personal legacy of giving.
Learn more about donor advised funds. View and download the FREE guide One-Stop Giving: The Convenience and Simplicity of Donor Advised Funds.View My Guide
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Legal Name: Jacobson Jewish Community Foundation of the Jewish Federation of South Palm Beach County
Address: 9901 Donna Klein Boulevard, Boca Raton, Florida 33428
Federal Tax ID Number: 59-1945109