Designated Endowment Funds

Create a permanent legacy to perpetuate your name and ideals, while securing
the future of the Jewish people for generations.


  • Provides annual income for causes you wish to support
  • May be created now or through your estate plan
  • Offers tax benefits for you or your estate
  • May be created with a variety of assets

When you create a Designated Endowment Fund, you are establishing a permanent fund in your name or in the name of someone you wish to honor or remember. Each year the fund will produce income, and you can specify how it should be used—for unrestricted use by the Jewish community, or to support a specific cause such as scholarships at Jewish educational institutions; programs at Jewish Community Centers; cash grants to meet the essential needs of the Jewish poor, or rescue and resettlement efforts in Israel, the former Soviet Union and other countries around the world.

An irrevocable gift of cash, securities, or other property can be used to establish a designated fund. Other assets you may use to create your endowment fund include life insurance, charitable remainder trusts, charitable gift annuities, and retirement accounts (e.g. IRAs). And, you have the option of establishing a designated endowment fund either during your lifetime or through your estate plan.
This type of gift offers many benefits. If you give during your lifetime, you will receive a charitable income tax deduction; if you make the gift through your estate plan, it is your estate that receives a deduction. Perhaps most important, however, is the enduring nature of a gift of a Designated Endowment Fund. You may use the fund to honor or remember a loved one, and the fund will perpetuate your family name long beyond your lifetime.

A gift to the Jewish community today will allow you to be there for your family,
your community and the Jewish people—whenever help is needed in the future.

How to Begin

For more information about planned opportunities that can work for you, your family, and your community call Howard Borer at 508-756-1543 or email him at