Donor Advised Fund (DAF)

A Donor Advised Fund is a personal charitable account that allows donors to make a single tax-deductible contribution, invest those funds for potential growth, and recommend grants to their favorite charitable organizations anytime, anywhere.

Geographic Scope: Jewish Community Foundation of Los Angeles serves Los Angeles area and beyond; funds can support organizations locally, nationally, and in Israel.

Key Features:

• Convenience: Conduct all charitable giving through one centralized fund; recommend unlimited grant distributions ($100 minimum) 24/7 through secure Donor Services Online portal
• Tax Advantage: Immediate fair-market-value tax deduction for each contribution
• Investment Options: Available for balances of $50,000 or more
• Personalized Counsel: Expert advisors available during business hours to provide guidance on giving strategies, emerging issues, and cutting-edge nonprofits
• Community Connection: Join network of over 1,400 dedicated philanthropists
• Exclusive Resources: Access to estate planning workbook, ethical will workbook, invitations to exclusive events

Eligible Asset Types:

• Cash
• Stock/Securities
• Real estate
• Complex assets
• Cryptocurrency

Cost: Annual fee of 1.5% of DAF assets, with a portion funding The Foundation's grants programs

Eligibility:

• Minimum $5,000 contribution to open fund
• Minimum $50,000 balance for investment options
• Minimum $100 per grant distribution

Contact Information:

• Phone: 323.761.8704
• Email: info@jewishfoundationla.org
• Address: 6505 Wilshire Blvd., Suite 1200, Los Angeles, California 90048
• Website: jewishfoundationla.org

Note: The Foundation does not provide legal or tax advice; consult professional advisors.

How to Open a Donor Advised Fund

1. Contact The Foundation at 323.761.8704 or fill out interest form on website
2. Connect with a Philanthropic Advisor to discuss your philanthropic goals and giving strategy
3. Sign Letter of Agreement with initial contribution of $5,000 or more
4. Make Your Contribution in cash, securities, real estate, or complex assets
5. Access Donor Services Online Portal for 24/7 access to your fund
6. Explore Investment Options (available for $50,000+ balances)
7. Recommend Grants of $100 or more through the secure online portal anytime

Required Materials

• Initial contribution ($5,000 minimum)
• Letter of Agreement
• Documentation for assets (if contributing stock, real estate, or complex assets)

Grant Recommendation Process

• Minimum grant distribution: $100
• Unlimited number of grants per year
• 24/7 online submission through Donor Services portal
• Can recommend grants to any nonprofit of choice