If tax season means hunting down a dozen charitable receipts, it might be time to simplify.
For many of our donors, this time of year is a reminder of just how fragmented charitable giving can become. Tracking multiple receipts from different organizations across varying timelines seems complicated, but it doesn’t need to be.
There is a much easier way to give.
Our community of donors is deeply philanthropic, supporting a wide range of organizations within and beyond the Jewish community. And yet, not everyone is aware of the Jewish Foundation and the role it can play in making your giving seamless.
A donor advised fund (DAF) at the Jewish Foundation allows you to make a single contribution, receive one tax receipt, and—as time passes—recommend grants to the charities you care about. Instead of managing multiple transactions throughout the year, you create one centralized vehicle for your philanthropy.
This not only simplifies tax reporting, but it also gives you greater flexibility. You can contribute during a year that is most advantageous from a tax perspective, and then allocate those funds over months or years.
Your contribution is also invested alongside the Foundation’s pooled assets. Over time, your fund will grow tax free, meaning you may have more money available to give than your original contribution. Over the past three years, the Foundation has averaged over 14% annual returns, helping fundholders grow their charitable giving each year.
The Jewish Foundation works closely with fundholders to help turn generosity into impact. Our philanthropic advisory team partners with you to clarify your goals, explore areas of need across the community, and identify opportunities where your giving can make a meaningful difference.
Whether you are supporting Jewish causes or the broader community, a DAF manages all of your giving in one place.
For many families, a DAF becomes a simple way to involve the next generation, creating a shared approach to giving without added complexity.
With more than 50 years of experience and over $1 billion in assets under management, the Jewish Foundation offers both the scale and expertise to support your giving, along with a level of personal service and privacy that is not available through many other platforms.
Many of our major and top gift donors already make their charitable gifts through a fund at the Foundation, finding it easier, organized, and more effective.
As you reflect on your charitable giving this season, consider the benefits of easy and impactful philanthropy through a DAF.
Donors can open a fund with a minimum contribution of $10,000.
To explore this further or learn more, we would be happy to connect. Please reach out to Janice Benatar at [email protected] or (416) 318-9601.