Endowments
Maximize Your
Giving Power
Forever
Endowment funds ensure that a cause, organization, or program you care about receives steady financial support for generations to come.
ABOUT ENDOWMENT FUNDS
An endowment fund provides a stable annual income to its beneficiaries while growing its original value in perpetuity. Donors or a board of directors can set up endowment funds to support a specific organization, program or cause. Many organizations rely on endowments to supplement their annual income to help ensure their long‑term stability.
HOW ENDOWMENT WORKS
When you make an endowment gift, the dollars are invested in perpetuity to ensure that your gift will always maintain its buying power and maximize generous distributions every year. JCF has hundreds of named endowment funds, each with a specific purpose and beneficiary. A percentage of each fund’s assets is granted to your chosen beneficiary on a regular basis.
How an Endowment Fund Maximizes its Impact
Two Holocaust survivors, Leizor and Barbara Kessel, created a scholarship fund to benefit local Jewish students, by gifting their personal property and part of their estate. In the past 26 years since they passed, the Kessels’ fund has granted more than $750,000 to 146 students…and their fund balance is almost $1.5 million. The couple’s generosity demonstrates the power of an endowment: it provides meaningful support today while preserving and growing resources for tomorrow.
ENDOWMENT ILLUSTRATION*
Here is a example of how a $10,000 gift could grow over the next 10 years.
* The illustration should not be relied upon as endowment fund advice. The investment projections, outcomes and other information here are hypothetical in nature and do not reflect actual investment results. Projections assume annual return of 7%, administration fees of 1.00% and an annual distribution rate of 4.0%. Formulas assume one distribution per year.
| Years Invested | Fund’s Annual Growth | Grant Dollars Available Annually |
Fund Net Value |
|---|---|---|---|
| 1 | $700.00 | $400.00 | $10.200.00 |
| 2 | $714.00 | $408.00 | $10,404.00 |
| 3 | $729.00 | $417.00 | $10,612.08 |
| 4 | $743.00 | $425.00 | $10,824.32 |
| 5 | $759.00 | $433.00 | $11,040.81 |
| 6 | $773.00 | $442.00 | $11,261.62 |
| 7 | $789.00 | $451.00 | $11,486.86 |
| 8 | $805.00 | $460.00 | $11,716.59 |
| 9 | $821.00 | $469.00 | $11,950.93 |
| 10 | $837.00 | $479.00 | $12,189.94 |
Make Your Endowment Gift
Our expert staff is here to help you.
Contact Michael Elfenbaum, VP of Community Engagement, melfenbaum@jcf dot org
