Fax: (212) 714-0303 fjc@fjc.org
Capaciteria.org - The Nonprofit Capacity Resource Index
FJC Programs
YPF programs
YPF Menu Options:
- What is an FJC Young Philanthropist Fund?
- How Does a Young Philanthropist Fund Work?
- How Do I Establish a Young Philanthropist Fund with FJC?
- What Are the Advantages to Opening an FJC Young Philanthropist Fund?
- Young Philanthropist Fund FAQ
Advantages of a Young Philanthropist Fund:
Involve the Next Generation in Philanthropy
This is the perfect way for the next to be generation involved in philanthropy. It provides a vehicle to teach them about the importance of giving back to their community, helps them learn about cash management, and starts a habit of giving that they can continue into adulthood.
Low Initial Contribution
FJC requires only an $1,800 initial contribution for Young Philanthropist Funds. Some other donor advised funds do not make exceptions on their establishing gift requirements based on the account type.
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.
Avoid Capital Gains Taxes
Contributions of appreciated securities (including mutual funds) or other property, held for at least one year, are deductible at their full fair market value. Donors pay no capital gains tax on the appreciation, and the full amount of the appreciated value is available for charity.
International Grantmaking
FJC offers you a special opportunity not available from most community foundations or donor advised funds. FJC can honor grant recommendations to qualified overseas charities and qualified 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 the account. Also, third parties can make contributions to a YPF account at any time and in any amount Please note, third party contribution activity is limited on Donor Advised Funds and Young Philanthropist Funds; high volumes of third party contributions on a regular basis will require the fund to be a Collective Giving Account.
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
Account holders 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.