Your clients are accustomed to best in class service and performance. We’re small, nimble, open-minded, and ready to collaborate.
Your clients have sophisticated financial lives. Work with FJC to ensure your clients’ philanthropy experience is just as personal and unique as the advisory services you provide for their personal wealth. What are the investment, tax and estate problems you’re solving for? We’ll meet you and your clients where they are and explore what’s possible.
Do your clients want to go beyond simply donating cash and appreciated securities? We work with donors to receive contributions of many types of illiquid assets. Customize what assets your clients donate.
Do your clients want to align the investment strategy of philanthropic assets with their personal wealth? Or do you want to offer a customized menu of investment products to multiple clients through an Alliance Relationship with FJC? Customize how your clients’ philanthropic funds are invested.
“We had a non-traditional asset we wanted to donate to charity -- a vacation home in Aspen. FJC helped us sell the real estate, convert it to cash, and make a major gift to the New York Public Library. FJC was completely supportive, cooperative, and responsive throughout the complex process. We're grateful that the team at FJC made it so easy for us.”
Georgette Bennett and Leonard Polonsky,, FJC Donors
Supporting the mission
Supporting the mission
“FJC made it easy and straightforward to get started, so that we could focus on our mission without worrying about the administrative details.”
Evan Rose,, Board President, The Steve Fund, on FJC's Fiscal Sponsorship Program.
Customized Asset Donations
In addition to marketable securities, FJC has approved investments in hedge funds, private equity funds, other alternative investments, and mission-investments that blend both impact and market-rate returns.
Gifts of illiquid or non-traditional assets must be reviewed by FJC’s Gift Acceptance Committee, which typically occurs within a few days of receiving sufficient due diligence information.
Donors have contributed ownership interests in private or lightly traded companies, or stock in companies that have certain restrictions. Read More.
FJC does not charge any additional fees to accept customized assets. Certain transaction costs may be deducted from asset sale proceeds.
In considering illiquid asset donations, FJC staff will review legal agreements and corporate structure, valuation, financial statements, donor disclosures confirming no personal benefit, and other due diligence items.
Customized Investments
Contributing certain assets can maximize your client’s charitable capacity by reducing capital gains and estate tax liabilities.
While FJC donors may recommend that their DAF accounts are invested in a core investment menu of low-cost mutual funds, donors with larger accounts may ask to “order off the menu.”
Deviations from our core investment menu must be approved by the Investment Committee of FJC’s Board of Directors, which typically occurs within a few days of receiving sufficient due diligence information.
FJC has approved investments in hedge funds, private equity funds, other alternative investments, and mission-investments that blend both impact and market-rate returns. Blog Post from our CFO: Customizing How You Invest
In considering alternative investments, FJC staff will review legal agreements and corporate structure, valuation, financial statements, donor disclosures confirming no personal benefit, and other due diligence items.
FJC does not charge any additional fees on accounts with customized investments.
Customized Philanthropic Disbursements
In addition to grants, FJC works with donors to deploy philanthropic dollars as loans and impact investments. We’ve been making loans to nonprofits for 30 years, and we welcome the opportunity to share what we’ve learned with our donors.
Philanthropic loans from DAF accounts can be recycled for other philanthropic purposes upon repayment.
FJC often works with donors to provide support on due diligence, risk assessment and underwriting. We handle loan servicing and invoicing nonprofit borrowers for interest and principal payments.
