A Family Foundation offers much of the benefits of a private foundation without many of the costs or restrictions. The Jewish Community Foundation establishes a separate public charity in your family's name (for example, "Davidson Family Foundation"). The Jewish Community Foundation handles all administrative responsibilities and furnishes you with a record of all transactions. Your gifts are eligible for the maximum tax deduction allowed for gifts to a public charity. The Family Foundation is governed by a Board of Directors, part of which is selected by you. This is an excellent way to involve family members in the Family Foundation. Other community members are selected as Board members by the Jewish Community Foundation. The Family Foundation Board meets at least once a year to award grants of their choice to the community. As a "supporting organization" of a public charity such as the Jewish Community Foundation, the Family Foundation becomes a public charity itself. A key purpose of the Family Foundation is to reinforce the charitable objectives of its "parent" public charity-the Jewish Community Foundation, which encourages philanthropy in many forms and will serve as a resource to assist you and your family in your grant-making. While the Jewish Community Foundation supports all worthwhile charitable causes, both Jewish and general, to continue the traditions of Jewish philanthropy, a Family Foundation must award 25% of its annual grants to Jewish organizations. Since the Jewish Community Foundation oversees the administrative details, your family is free to focus on the real joys of a Family Foundation: Working together on tzedakah, helping others and improving the world. Download Chart Comparing Private Foundations, Family Foundations and Donor Advised Funds Jewish Community Foundation 4950 Murphy Canyon Road, San Diego, CA 92123 telephone 858-279-2740 | fax 858-279-6105 ©2007 Jewish Community Foundation. All Rights Reserved Contact Us | Privacy Policy