Perpetual Annual Campaign Endowment (PACE)
A 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 (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 Western Massachusetts 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). JEF 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.
Donor Advised Funds (DAF)
Donor advised funds are owned and invested by JEF 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 hundreds of beneficiaries that our DAFs have impacted in the Jewish and general 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 JEF's Endowment portfolio and managed by JEF Trustees. Typical DAF fees are 1% of the fund balance annually.
Named Endowment Funds
Named Endowment Funds are owned and invested by JEF 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.
Named Endowment Funds typically provide annual grants based on 4.25% of the trailing 16 quarters fund value. The JEF Board of Directors reviews and votes on all grant recommendations.