Foundation Funds

 

About the Foundation and Endowments

The Foundation of the Jewish Federation of New Hampshire is the planned giving and endowment development department of the Jewish Federation of New Hampshire. Differing from the latter, which allocates all the money raised in the annual CJA Annual Campaign, the Foundation invests principal and distributes a portion of its earnings to support new or existing agencies and programs, meet unforeseen needs and emergencies that may arise in the Jewish community or, in accordance with donors' wishes, make distributions to specific non-profit organizations.

 

The purpose of the Foundation is to serve as the fiduciary of the Jewish community's endowment funds. The Board of Trustees, which is guided by an investment consultant, meets regularly and monitors performance. The Foundation adheres to a spending policy to ensure that the economic value of the funds is maintained throughout the year.

 

Message from the Chair

The Jewish Foundation was established to raise endowment funds to ensure the future vitality of the Jewish community. It serves as the planned giving and endowment development department of the Jewish Federation of New Hampshire. It was envisioned to help potential donors plan permanent gifts that reflect the donor's philanthropic interests, serve as an estate planning tool and reduce both income and estate taxes while serving as the reserve fund to ensure the vitality and never ending progression of Jewish life here and abroad for future generations. On a day-to-day basis, endowment income is used to make grants to community agencies for special studies, new programs or specific programs.