Endowed gifts at JFS are a critical source of ongoing funds that support our work in the community. An endowed gift is a permanent, self-sustaining source of funding whose assets are invested. Each year, a portion of the value of the fund is paid out to support the fund’s purpose in keeping with JFS Board’s Endowment Spending Policy, and any earnings in excess of this distribution are used to build the fund’s market value.
JFS has four standing Endowments, General Services Endowment, Community Support Endowment, Mental health Endowment, and Senior Services Endowment. Donors can support an endowment at any time with a donation of any amount.
In addition, JFS provides for the creation of designated Named Funds. These Named Funds provide JFS the opportunity to recognize donors and their families through a permanent, self-sustaining source of funding that can be unrestricted in its use or restricted for a purpose that is important to the donor.
Donors who make a gift of $2,500 or more over no more than a five-year period may permanently name a designated fund within one of the established JFS Permanently Restricted Standing Endowment Funds.
To learn more about how you can create a Named Fund at JFS, contact our Development Director David Kaplan.