Donor Advised Funds “played an important countercyclical role during the financial crisis a decade ago,” according to researchers As nonprofits prepare themselves for an eventual market downturn, one “bright spot” in individual giving are those who were savvy enough to set up donor advised funds when the stock market was at an all-time high. A…
It’s the best time of year to lock in your charitable tax deduction By Ellen Israelson, VP of Philanthropic Services Last year, many tax breaks disappeared due to the tax reform law, resulting in a larger tax bill for many. The list of now-extinct deductions includes personal exemptions, unlimited state and local tax deductions, and…
Daniel Blaser is a JCF Fundholder,trustee, and real estate professional. He works as Senior Vice President at Extell Development Company, a nationally acclaimed developer of residential,office, retail and hospitality properties including Central Park Tower, soon to be the tallest residential building in the world. Prior to joining Extell in 2015, he worked at Paul Hastings LLP as a real estate attorney for nearly a decade. In July, Dan completed his participation in the New York cohort of the Wexner Heritage Program, a two-year Jewish study experience with a focus on leadership. We spoke with him recently about the charitable causes that are important to him, his engagement with Jewish communal organizations, and why using JCF has helped him give smarter.
In addition to JCF’s $2 million annual gift to UJA-Federation, the Special Gifts Fund funds kosher food pantries, free legal assistance, support for Holocaust survivors, and more. Jewish Communal Fund, the largest and most active Jewish donor advised fund in the country, approved grants totaling $840,000 to local Jewish charities in the New York area…
The Jewish Communal Fund spoke recently with Lee Cohen, a JCF fundholder and accountant who is a very active lay leader in the Syrian community in Brooklyn and Deal, N.J. Cohen, who is the immediate past President of Sephardic Bikur Holim (SBH) Community Service Network—one of the largest social service agencies in Brooklyn—spoke about how…