There has been much talk about the rule change in Section 457A made in 2008 that generally requires deferred compensation in offshore hedge funds that is attributable to services performed prior to January 1, 2009 to be included in gross income by the end of 2017. It seemed far off, and there was some speculation…
Yesterday we had the pleasure of visiting the newly renovated auditorium at the YM & YWHA of Washington Heights & Inwood, where nearly 100 seniors–many of whom are Holocaust survivors–gather each day for hot meals, wellness activities, and more. Jewish Communal Fund was honored to have provided the initial funding to launch this renovation project,…
In addition to JCF’s $2 million gift to UJA-Federation of NY, its Special Gifts Fund is providing funds for a kosher food pantry, a sensory gym for children with special needs, Jewish day camp scholarships, and more. Jewish Communal Fund (JCF), the largest and most active Jewish donor advised fund in the country, approved grants…
The Jewish Communal Fund (JCF), the largest Jewish donor advised fund in the country, distributed a record $397 million in grants to charities in all sectors during the 2017 fiscal year ending June 30, 2017, a 4 percent increase from 2016. JCF fund holders recommended a record-number of grants – 52,402 – to charities in…
Last year, Jewish Communal Fund granted $100,000 from its Special Gifts Fund to Olim Beyahad, an Israeli nonprofit that helps Ethiopian-Israelis gain employment and become self-sufficient. The gift—which was the result of a bequest to JCF earmarked for grant-making in Israel—enabled 40 Ethiopian-Israelis to participate in the organization’s Employment, Empowerment, and Leadership Program (EELP). Recently,…