By Deena Fuchs
At a recent gathering, conversation turned to AVI CHAI’s impending spend-down at the close of 2019. A number of colleagues expressed interest in hearing more about the spend-down and its implications. I was actually surprised by the request for more information. Since announcing the spend-down more than a decade ago, I feel like we are the ever-spending-down foundation, and there was nothing more to say.
That is, until I read … [Read more...] about An Open Book:
How AVI CHAI’s Spend Down is Impacting its Work
Jewish Philanthropy
An Open Book:
Jewish Community Foundation of Los Angeles Awards $2m. in Cutting Edge Grants to Launch 9 Innovative Programs
The Jewish Community Foundation of Los Angeles (The Foundation) has awarded over $2 million in grants to nine innovative, local initiatives focused on transforming Jewish Los Angeles. This year’s Cutting Edge Grant recipients serve a wide range of needs, including: training Jewish teen advisors to offer support and guidance to their peers via a smartphone application; educating and empowering Jewish clergy, educators, and older adults on the … [Read more...] about Jewish Community Foundation of Los Angeles Awards $2m. in Cutting Edge Grants to Launch 9 Innovative Programs
Jewish Communal Fund NY Sends Out Record-Breaking Number of Grants in FY 2018
The Jewish Communal Fund (JCF), the largest Jewish donor advised fund in the country, distributed a record $435 million in grants to charities in all sectors during the 2018 fiscal year ending June 30, 2018 - a nine percent increase from 2017. JCF Fundholders recommended a record-number of grants - 58,224 - to thousands of charitable organizations, a 10 percent increase from 2017. The average grant amount was $7,467.74. “More and more … [Read more...] about Jewish Communal Fund NY Sends Out Record-Breaking Number of Grants in FY 2018
Why Jewish Giving to Israel is Losing Ground
By Hanna Shaul Bar Nissim American Jews donate at high levels to charity. One way they support causes in the U.S., Israel and other places is collective, often through large grant-making organizations. In researching this organized philanthropy, I’ve observed that the proportion of Jewish institutional giving to Israeli causes has fallen since 2009. I believe that several factors, including demographic and social changes, a diminishing … [Read more...] about Why Jewish Giving to Israel is Losing Ground
Inverting the Knowledge Capital
By Charlene Seidle Are donor advised funds merely a tax shelter for the reluctantly philanthropic? This seems to be the overriding premise of “How Tech Billionaires Hack Their Taxes with a Philanthropic Loophole” published in The New York Times on August 3, 2018. The article cited several examples of wealthy tech entrepreneurs “parking” their assets at community foundations and commercial donor advised funds, receiving acclaim for their … [Read more...] about Inverting the Knowledge Capital
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