Frequently Asked Questions

What is planned giving?

Planned giving is a means of providing vital support to a philanthropic cause while structuring charitable donations to maximize tax benefits and achieve personal financial goals.

What is an endowment?

This is a fund established to provide an ongoing source of financial support. It can be designated for a specific purpose by the donor, or determined by Federation.

How can I create an endowment fund?

There are many options. You can create an endowment fund independently, with a spouse, or with other family members. It can be done at once, or over a period of time. The funds can be distributed during the donor’s lifetime or by bequest.

What are the tax benefits?

Planned gifts allow you to maximize the benefit of charitable giving while also minimizing your income, estate, capital gains or gift-tax liabilities. An endowment can be created using cash or almost any appreciated asset.

How is an endowment fund managed?

The Foundation of the Greater Miami Jewish Federation serves as steward of endowment and financial planning. Working with professional money managers, The Foundation invests these assets and makes allocations as designated by the donor. To learn more about how funds are invested and managed, click here.

What are my options?

There are many. Click here to get started.

For more information, contact us at Foundation@JewishMiami.org or 786.866.8623. We’re always ready to assist you in complete confidence and without obligation.

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