Sponsor Donation Recommendations
DAFScore™ : 4.40
Rank : 4.40
AUM
$2.8B
Number of Accounts
4,700
Minimum Balance
$500
Initial Contribution Minimum
$5,000
Grant Minimum Amount
$36
Grant Timing
Within 1 Week
Investment Options
6 - 10
Administrative Fee
0.6 - 0.9%
Since 1972, the Jewish Communal Fund (JCF) has been helping people achieve their philanthropic and tax-saving goals simply and efficiently, with flexibility, full confidentiality, convenience, and personal service from a dedicated professional staff. JCF has grown to be one of the largest & most generous networks of Jewish philanthropists in the world.
DAF Details
International Granting
Accepts Illiquid Contributions
Ability of 3rd Party Advisors
Political or Religious Affiliation
Sell Their Own Financial Products
Tax Requirements
Minimum Grant Frequency Requirement
Provides Anonymity if Requested
Transferability to Another Sponsor
No History of Security Breaches
Customer Service Resources & Quality of Service
Great
Online Access and Ease of Use
Good
More Information
Sponsor Organization
JCF New York
Sponsor Donation Recommendations
None
International Granting
To recommend a grant to a charity in Israel, JCF utilizes the services of several intermediary organizations at no cost to the Fundholder. To recommend a grant to a charity outside the United States (other than grants to Israel), JCF utilizes the services of NGOsource (a project of the Council on Foundations and TechSoup Global) to conduct the due diligence.
Accepts Illiquid Contributions
JCF accepts a wide variety of assets including stocks, mutual funds, bonds and, of course, cash. JCF can also accept illiquid assets such as art and real estate and other complex assets. In addition, JCF can accept assets from private foundations, CLATs, CRTs, and other trusts.
3rd Party Advisors
Fundholders may authorize relatives, employees, or professional advisors as Authorized Parties to the account.
Political or Religious Affiliation
JCF is a Jewish-based DAF, however you may recommend grant to both sectarian and nonsectarian IRS-qualified charities.
Sell Their Own Financial Products
None
Tax Requirements
JCF’s policy requires that annual grant-making, in the aggregate, be greater than 5% of JCF’s average net assets on a fiscal five-year rolling basis.
Minimum Grant Frequency
A grant must be made at least every 3 years.
Overall Grant Restrictions
JCF does not make grants to individuals, private non-operating foundations, “controlled” Type I or Type II supporting organizations, or Type III supporting organizations that are not functionally integrated. Other restrictions may apply.
Provides Anonymity
When a check is sent, it is accompanied by a letter recognizing the donor advised fund from which the grant was made. The check itself bears the name of the Jewish Communal Fund, as well as the name of the donor advised fund, unless anonymity is specifically requested.
Investment Options
Your contributions to JCF are placed in your recommended approved investment options, consisting of: money market fund, short-term fixed income fund, bond funds, managed equity and equity-indexed mutual funds, privately managed investment accounts, impact investments, and approved alternative investments (minimum $500,000).
Transferability to Another Sponsor
Assets can be transfered to another DAF sponsor that is also a 501(c)(3) charitiy.
History of Security Breaches
None
Administrative Fees
Balances less than $5 million, greater of 0.75% or $150; 0.50% on the next $15 million, 0.10% on the next $20 million; 0.05% on any amounts above $40 million.
Customer Service
Dedicated teams for both philanthropic services and finance support. •212-752-8277 •rep@jcfny.org •Accounts of $1 million or more provides the fund with access to alternatives investment options and specialized client services through a Private Client Fund.
Online Access & Ease of Use
Online platform
Latest News
Subscribe to receive the latest DAF updates and developments