Start a B'nai Tzedek Fund
A B'nai Tzedek Fund (previously known as a Carob Tree Fund) with the JCF provides a way for local children under 18 to learn more about and participate in charitable giving in the Southern New Jersey Jewish community.
A B'nai Tzedek Fund (BTF) operates akin to a scaled-down version of a JCF donor advised fund.
Here's how it works:
-
Step 1: Parent(s)/guardian(s) open a BTF for their child under 18 years old. This works great before a bar or bat mitzvah! Loved ones can donate directly into the BTF to help grow the amount available for future grants from the fund. Dollars added to the BTF will be professionally invested by the JCF in an investment portfolio that the parent(s)/guardian(s) choose and may grow over time.
-
Step 2: With a minimum initial contribution of $250 into the new BTF, this donation will be matched with an additional $50, thanks to the Barnard & Amy Kaplan Donor Advised Fund of the JCF.
In addition, for each of the following four years when a B'nai Tzedek Fund holder contributes a minimum of $100 to the fund, the $50 annual match will continue from the Barnard & Amy Kaplan Donor Advised Fund. In other words, this five-year match will provide a total of $250 to help grow your giving!
Please note that other matches may be available as well.
-
Step 3: For each of the first five years, a $50 charitable grant recommendation may be made to any Jewish organizations including Federation agencies, day schools, synagogues, or youth groups in Burlington, Camden, or Gloucester counties, as long as at least $150 remains in the fund. Once the fund's balance reaches $2,500, it can be used like a normal donor advised fund.
Ready to get started with a B'nai Tzedek Fund?
To begin your journey into philanthropy, please contact the JCF at 856-673-2528.
Thank you.