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Types of Funds

Perpetual Annual Campaign Endowment (PACE)

 

PACE fund is an endowment fund which sustains an individual or family’s contribution to the Federation’s Annual Campaign in perpetuity. Establishing a PACE fund is an incredible way to enshrine your name as a Federation supporter forever, demonstrating your commitment to the Indianapolis Jewish community l’dor v’dor, from generation to generation. A PACE fund can be established with a minimum gift of $10,000 either during your lifetime through cash or appreciated assets, or in your estate plans through your will, trust, retirement account or life insurance policy.

Lion of Judah Endowment Fund (LOJE)

 

You can perpetuate your commitment to Jewish continuity by establishing a Lion of Judah Endowment (LOJE), a fund that permanently endows a woman’s annual gift to the Jewish Federation of Greater Indianapolis’s Annual Campaign.

 

With a minimum gift of $100,000 either during your lifetime or in your estate plan, you can establish a LOJE. Your LOJE fund can be created by a provision in your will or estate, with almost any type of asset, including cash or appreciated assets (such as common stock, real estate or bonds). JFGI will invest your gift to maximize its value, thereby ensuring the income produced by the funds provide an Annual Campaign gift in perpetuity, to honor your memory. Meanwhile, the principal remains intact as a permanent endowment for the Jewish community.

More information about LOJE gifts.

 

Annual gifts are great but sustaining those annual gifts is even more important. It shows your commitment to the mission, to the community, and the local federation. I wanted to be sure that my gift was there in perpetuity and that I could be a member of the community no matter where I was.
- CLAUDETTE EINHORN

Donor Advised Funds

 

Donor advised funds are owned and invested by JFGI to provide donors the opportunity to place contributions into a charitable fund from which recommendations can be made immediately or over time to Jewish and general charities. View some of the ways in which DAFs can impact the local Jewish community.

 

Donors receive a charitable deduction for the value of their contribution at the time deposited into the donor advised fund, not when it is distributed. Donor advised funds are pooled with JFGI's Endowment portfolio and managed by our professional investment manager, Commonfund. Click here to review JFGI's current administrative fee schedule.

Named Endowment Funds

 

Named Endowment Funds are owned and invested by JFGI and have been established in honor or memory of a community member, typically have a designated purpose, and are distributed automatically or brought to the Endowment Committee for review. For some funds, only the interest is distributed, while for others, the principal can be used. The Federation Board of Directors reviews and votes on all Endowment grant recommendations.

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Contact Information

If you have any questions, or you would like to get started creating your plan, please contact Brian Hoffman with any questions.

Brian Hoffman
Director, Endowment and Capital Campaign
317-715-6968
[email protected]

The Jewish Federation of Greater Indianapolis does not provide legal advice. Donors are encouraged to seek independent financial, tax, and legal counsel.

Ways to Give

Your donation of any size to the Jewish Federation has enormous impact, helping to meet our communities' urgent needs and build our vital future.

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