You can support many charities throughout the year by utilizing Tidewater Jewish Foundation to facilitate multiple gifts. A Donor-Advised Fund can provide some of the advantages of a private foundation while eliminating on-going legal and accounting costs, as well as excise taxes on investment income.
May be established with cash, securities, real estate, partnerships (LLP), Limited Liability Corporations, or other small business interests
Can be created with a minimum gift of $5,000
Allows you to recommend grants to organizations
Provides an immediate tax deduction
Enables continuity through generations of your family
Is less burdensome than operating a private foundation
The Tidewater Jewish Foundation has a program just for teens! The B'nai Tzedek Teen Philanthropy Program encourages teens to become involved in tzedakah by establishing a fund for Jewish charitable giving. Opening a B'nai Tzedek fund gives your teen a chance to play a part in improving your community and the world. So how does this work?
For information on how to enroll or with questions about the B'nai Tzedek Teen Philanthropy Program or the Emerging Philanthropists Council, please contact Kaitlyn Oelsner at firstname.lastname@example.org, or call 757-965-6103
Donate at least $250 to TJF in order to establish a fund int he name of a teen! TJF will match your gift with another $250 for a starting fund balance of $500! Your teen can learn about the needs of the Jewish community -- locally, in Israel and around the world. Each year, fund holders (your teens), can grant 5% of their fund to a Jewish charity of their choice. In essence, you are empowering your kids to take ownership of their own philanthropy -- a valuable lesson that we know pays off!
The Emerging Philanthropists Council provides an opportunity for teens to learn about the process of philanthropy, gain leadership skills, and make a positive impact in the community by participating in a REAL grants process. The Council meets three times during the year to engage with local Jewish charities, review grant proposals and allocate funds. Students in 9th grade and above are invited to apply for the Emerging Philanthropists Council.
For more information on how to enroll or with questions about the B'nai Tzedek Teen Philanthropy Program or the Emerging Philanthropists Council, please contact Kaitlyn Oelsner at email@example.com or call 757-965-6103.