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.
Learn MoreEndowment 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.
Learn MoreMake 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.
Learn MoreDonor 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.
