Jewish Communal Fund Sends Out Record-Breaking Number of Grants in FY 2018

Jewish Communal Fund (JCF), the largest Jewish donor advised fund in the country, distributed a record $435 million in grants to charities in all sectors during the 2018 fiscal year ending June 30, 2018 – a nine percent increase from 2017. JCF Fundholders recommended a record-number of grants – 58,224 – to thousands of charitable organizations,…

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Meet a Fellow Fund Holder: Seth Siegel

Seth M. Siegel is a lawyer, serial entrepreneur, and author of the New York Times bestseller, “Let There Be Water: Israel’s Solution for a Water-Starved World,” which has been published in 50 countries and 16 languages. The longtime JCF fundholder lectures about water scarcity all over the world and is a Senior Fellow at the…

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Which of your clients could benefit from using a donor advised fund?

Savvy advisors add value to the client relationship by offering a higher level of service and more sophisticated advice to their clients. One important aspect of this enhanced service is the ability to have informed conversations about charitable giving, during the clients’ lifetime and as part of the legacy planning. Last year, we gave you…

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JCF Charity Champion: Lee Cohen, CPA, Managing Partner of LM Cohen & Company

The Jewish Communal Fund spoke recently with Lee Cohen, a JCF fundholder and accountant who is a very active lay leader in the Syrian community in Brooklyn and Deal, N.J. Cohen, who is the immediate past President of Sephardic Bikur Holim (SBH) Community Service Network—one of the largest social service agencies in Brooklyn—spoke about how…

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Highlights on the Impact of the Proposed Tax Reform Plan on Philanthropy

By Ellen Israelson, VP of Philanthropic Service, JCF In its present form, the proposed changes in the tax code are a mixed bag for the not-for-profit sector. First, the potentially good news for philanthropy is that both bills maintain the charitable deduction. In fact if passed, it will increase the limit on the charitable deduction…

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