Fax: (212) 714-0303 fjc@fjc.org
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FJC Programs
DAF programs
DAF Menu Options:
- What is an FJC Donor Advised Fund?
- How Does an FJC Donor Advised Fund Work?
- How Do I Establish a Donor Advised Fund with FJC?
- What Are the Advantages of a Donor Advised Fund?
- Donor Advised Fund FAQ
Advantages of a Donor Advised Fund:
Avoid Capital Gains Taxes
Your contributions of appreciated securities (including mutual funds) or other property, held for at least one year, are deductible at their full fair market value. You pay no capital gains tax on the appreciation, and the full amount of the appreciated value is available for charity.
Investment Options
FJC offers a larger selection of Investment Options for its Donor Advised Funds than most other organizations. In addition to investment choices managed by leading financial institutions, FJC offers a unique investment option - the FJC Agency Loan Fund. The Agency Loan Fund provides loans at market interest rates to credit qualified charitable organizations with limited access to other credit sources.
Low Establishing Contribution
FJC requires only a $5,000 establishing contribution for both individual and corporate donor advised funds. Some other donor advised funds require $25,000 for individual funds and $100,000 for corporate funds.
International Grantmaking
FJC offers a special opportunity not available from most community foundations or donor advised funds. FJC can honor grant recommendations to qualified overseas and domestic organizations that have not yet received their tax-exempt ruling. FJC will work with the recipient organization to complete our application, agreement and reporting requirements.
No Minimum Subsequent Contributions
Make additional contributions whenever you want, at whatever value you want. FJC does not require you to make annual contributions, nor do we require you to maintain a minimum balance in your account. Third parties can make contributions to your account at any time and in any amount. This activity is limited on donor advised funds; high volumes of third party contributions on a regular basis will require the fund to restructure and become a Collective Giving Fund).
Quick and Easy Grant Procedures
FJC has a low minimum grant recommendation amount ($100) and typically processes grant recommendations within 10 business days. Please note, certain recommendations may require additional research, which will extend the processing time.
FJC Gift Certificate Program
You may request FJC Gift Certificates, for $100 or more. Recipients of the certificate can then recommend a distribution to the qualified charity of their choice.
Involve Future Generations
You may designate Successor Recommenders to assume the role of a Recommender at the time of your death, or designate a final distribution of funds to the charities of your choice once no eligible Recommenders exist on the account.