In addition to their private foundations, many people choose to establish a JCF donor advised fund for themselves or family members. There are a variety of reasons for doing so:
Engage More Family Members – give family members, especially those without a seat on the board, autonomy in deciding which charities to support and how to invest the charitable assets.
Discretionary Grants – streamline administration of discretionary or off-mission grants.
Protect Your Privacy – A JCF fund enables you to make grants anonymously and provide greater confidentiality than is possible with a private foundation.
Reduce Administrative Burden – JCF handles all administrative and back-office aspects of charitable giving.