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The Pledge partnered with Morgan Stanley to create a donor-advised fund. [5] In 2023, the Pledge launched the Jewish Youth Pledge for people aged 13-24 to commit to being active members of the Jewish community. [6] On February 8, 2024, the Pledge changed its named to the Jewish Future Promise. [7]
National and Overseas—The Jewish United Fund of Chicago (JUF) [2] conducts fundraising activities by means of annual calendar year campaigns and makes allocations/grants to the Jewish Federations of North America (JFNA) [3] and the Jewish Federation of Chicago (JF). Through its allocation to JFNA, JUF supports services to nearly 2 million ...
What is a donor-advised fund? It can be helpful to think of DAFs as similar to a 401(k), health savings account, or 529 account, says Amy Pirozzolo, head of donor engagement at Fidelity Charitable.
A donor-advised fund has some disadvantages compared to a private foundation, and some advantages. Both can accept donations of unusual or illiquid assets (e.g., part ownership of a private company, art, real estate, partnerships or limited partnership shares), but a donor-advised fund has higher deductions for these gifts (depending on the gift).
The donor-advised fund is one of the most tax-efficient ways to donate money to charity, which has helped it become the fastest-growing charitable giving vehicle in the U.S., according to Fidelity ...
SVCF holds 1,060 donor-advised funds and roughly $10.1 billion in net assets. The easy-to-open accounts are also gaining preference with the less wealthy. Nearly half of all DAFs held assets ...