Fund Options for Every Giving Goal

Explore the different types of funds available through Richmond Jewish Foundation and learn how each one can support your charitable goals, financial priorities, and long-term legacy.

Make an Impact Today:

Donor Advised Funds

Flexible giving with the freedom to support the causes you care about most.

A Donor Advised Fund allows individuals and families to make charitable gifts and recommend grants over time to qualified nonprofits. It offers a flexible, organized way to stay involved in your philanthropy while supporting both immediate and long-term community needs.

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Endowment Funds

Permanent charitable support designed to create impact for generations.

An Endowment Fund creates a lasting source of support for the organizations, programs, or causes that matter most to you. Your gift is invested for long-term growth, with annual distributions helping sustain impact for generations to come.

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Make a Commitment for Tomorrow:

Meaningful legacy planning that helps carry your values forward.

Life & Legacy Funds are designed for donors who want to make a lasting future gift through thoughtful estate and legacy planning. These funds help strengthen Jewish life and community continuity by encouraging long-term support for the causes donors cherish most. They offer a powerful way to turn personal values into lasting charitable impact for future generations.

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Donor Advised Funds

Donor Advised Funds (DAF) are charitable giving accounts that offer many tax advantages. These funds support any Jewish or secular charitable organizations such as; social service programs, education, the arts, both locally and nationally. Most importantly, they are a substantial source of support for our community partners.

How it works

Donate

Donor makes a minimum gift of $5,000 as an irrevocable, tax-deductible donation to RJF

Invest

Growth is tax-free

Give

Donor or designee(s) recommend grant(s) to give to a qualified public charity.

The Benefits

DAFs offer immediate tax benefits.

It works like this: You can put a lump sum into a DAF and then have the fund provide grants to organizations of your choice at your own pace.  You get the maximum income tax deduction immediately, even if the assets aren’t distributed right away. You’ll also receive income tax-free growth of the assets in the fund, as well as the ability to carry forward any unused charitable income tax deduction for up to five years. In exchange, you relinquish ownership of the assets you donate, but you retain the right to advise how those assets should be distributed.

Tax payers looking for ways to exceed the higher standard deduction set by the 2017 tax law might consider pooling several years’ worth of charitable donations into a single contribution to a DAF.

DAFs organize your giving in one place.

Rather than practicing “checkbook philanthropy” by making donations to individual charities and requesting receipts from each, you can take much of the paperwork out of the process through a DAF.

DAFs allow your contributions to grow.

A DAF gives you the ability to invest your contributions either for the long-term or short-term. That means the assets you’ve placed in the fund are professionally managed and have the potential to continue growing.

Ask your financial advisor for more information on how a DAF works, and contact the RJF office to explore how a DAF might help you meet your giving goals.

Start Your Fund

Click here to get started on opening your own Donor Advised Fund.

Open A Fund

Recommendation Form

There are two ways to submit a DAF grant recommendation (donation to qualified charity). 1. From the Portal, 2. Complete the attached form and send by email to liz@rjfoundation.org or mail to Richmond Jewish Foundation, 5540 Falmouth Street, Suite 201, Richmond, VA 23230.

Endowment Funds

An endowment fund at Richmond Jewish Foundation creates a permanent, lasting source of support for the causes you care about most. Your fund is invested for long-term growth, and each year the income is distributed exactly as you direct—whether to specific organizations, community needs, or areas of interest, you wish to support.

Your endowment ensures that your values and generosity continue to make an impact for generations to come.

Ways to Contribute to Your Fund

CHECKS

Please make checks payable to
Richmond Jewish Foundation and write your
Fund name in the memo section.

Mail to:
Richmond Jewish Foundation
5540 Falmouth Street, Suite 201
Richmond, VA 23030

Donate by Credit Card

Tax Efficient Strategies

Bequests

You can create a permanent legacy by leaving a bequest to Richmond Jewish Foundation a specific amount of cash, a percentage of your estate, or the remainder of your estate, in your will or living trust. If you have already drafted your will, your attorney can help you arrange a charitable bequest with a simple amendment, or codicil. Reach out to Richmond Jewish Foundation for more information.

LIFE INSURANCE

A gift of life insurance, designating the Foundation as an irrevocable beneficiary or the owner and beneficiary of a new or existing policy, is an excellent method, especially for younger donors, for providing a substantial future endowment contribution. The cash surrender value of the policy and all premiums paid from the date of the gift are tax deductible.

Charitable Gift Annuity

A Charitable Gift Annuity lets you make a meaningful gift while receiving fixed income for life and tax benefits. You get an immediate charitable deduction, and part of your payments is usually tax-free. Payments can continue to a spouse, and after both lifetimes, the remaining funds support Richmond Jewish Foundation, helping create a lasting charitable legacy.

Charitable Remainder Trusts

A Charitable Remainder Trust lets you support your financial needs while giving to charity. You place assets in a trust, receive income for life or a set period, and choose who benefits. After payments end, the remaining funds support charitable causes, creating both tax advantages and a lasting legacy.

Stock Donations

Gifting stock can be more tax-efficient than giving cash. If you donate appreciated securities held for over a year, you can avoid capital gains tax on the increase in value and receive an income tax deduction for the stock’s fair market value at the time of the gift

Examples

Mr. Smith owns a stock with a current value of $10,000. He originally paid $2,000 for the stock (his “cost basis”). This means when he sells the stock, he may pay a 20% tax on the appreciation ($8,000 in appreciation x 20% tax rate = $1,600). By giving the stock to RJF rather than giving cash, he not only will receive an income tax deduction for the fair market value of the stock on the day of the gift, he also will avoid the $1,600 in taxes.

*RJF does not give tax or legal advice

Stock
$10,000
Cost Basis
$2,000
Appreciation
$8,000
Capital gains tax avoided by making gift
$1,600
Charitable tax deduction
$10,000

Please email tami@rjfoundation.org for account information to share with your broker to facilitate stock transfers.

To Learn more contact

Dan Brandeis

Chief Executive Officer
Phone: 804-545-8656

 Our Future. Your Legacy.

The Future of Jewish Richmond Starts Here

Through Life & Legacy, you can create a lasting impact on the Jewish community you love—ensuring it remains strong and vibrant for generations to come.

What is Life & Legacy?

Life & Legacy is a partnership between the Harold Grinspoon Foundation and Richmond Jewish Foundation that empowers individuals and families to create meaningful, lasting gifts supporting Jewish life in Richmond for generations to come.

This community-wide initiative strengthens our future by promoting endowment building and legacy giving across our Jewish community. Through training, support, and incentive opportunities, Life & Legacy helps local organizations secure commitments, steward donors, and build a culture of legacy giving that ensures long-term impact.

By making a legacy commitment, you ensure the strength and sustainability of the organizations and experiences that matter most to you. Whether your passion is education, social services, Jewish identity, or community connection, your legacy reflects your values and helps shape our shared future.

How It Works

Creating your Legacy is Simple and Meaningful:

Conversation

Talk with our Life & Legacy committee members and/or RJF staff to explore your goals and options.

Choose

Select the Jewish organization(s) you care about most.

Consider

Explore how you would like your legacy to take shape.

Confirm

Make a commitment and formalize your plans by completing simple intent forms below

Celebrate

Join a community of donors committed to ensuring a vibrant Jewish future.

Legacy Plan Form Formalization Form

Types of Legacy Gifts

There are many ways to create your legacy, based on your goals and intentions:

A gift in your will or trust
A retirement account beneficiary designation
A life insurance policy
A donor-advised fund designation
An endowment fund or charitable trust

We are happy to work with you and your advisors to find the approach that feels right for you.
Whether you are ready to formalize your plans or simply want to learn more, we are here to help.

Lauren Plotkin

Legacy Program Director
Phone: 804-545-8624

FAQ

L’dor v’dor—from generation to generation—your legacy helps ensure a vibrant Jewish future in Richmond.

When does my gift take effect?

Most legacy gifts are designed to take effect in the future, allowing you to make a meaningful commitment today.

Can I change my plans later?

Yes. All Life & Legacy commitments are fully flexible and can be updated.

Do I need an attorney?

We recommend speaking with your financial or legal advisor, but we can guide you through next steps.

What if I already have a will?

You can easily add a legacy gift through a simple update or beneficiary designation.

Can I support multiple organizations?

Absolutely! This is a community partnership! You can include as many organizations as you’d like.

Recognition & Community

Life & Legacy donors are part of a special community committed to shaping the future of Jewish Richmond.

Donors are:

Recognized through community-wide initiatives
Invited to exclusive gatherings and programs
Celebrated for their commitment to L’dor V’dor—generation to generation

Our Signature Event

November 15, 2026 Weinstein JCC Learn More

A Sneak Peek at What to Expect

Life & Legacy Partners

Fill out the form below to apply