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What is a FJC Young Philanthropist Fund?
A FJC Young Philanthropist Fund (YPF) is a donor advised fund that can be established for someone 21 years of age or younger. It serves as a charitable vehicle that allows the recipient to recommend distributions to the qualified charities of their choice at any time they choose. Accounts may be created in connection with a milestone event, such as a graduation, birthday, religious ceremony, or simply to facilitate the next generation’s active involvement in philanthropy.