GIVING AND INVESTING

Blank Page Approach

GIVING AND INVESTING

Blank Page Approach

With FJC, philanthropy starts with a blank sheet of paper and an open mind. So let’s talk about what you want to do.

How do you want to give?

Bold ideas don't scare us. Explore a few ways to amplify your giving with FJC.

I want to honor a loved one who passed away
by setting up a scholarship or inviting others to give to charity. Specialized Funds
I want dollars in my account to go to work for nonprofits,
even while I'm deciding where to grant them out to. Agency Loan Fund
I want to support my favorite nonprofit with a cash flow loan using funds in my account. Customized Solutions
I want my family to engage in ongoing, meaningful philanthropy.
But setting up a family foundation is daunting. Donor Advised Fund
I want to support multiple charities, not just at tax season,
but any time I choose. Donor Advised Fund
I have an unusual asset like real estate, illiquid stock or a limited partnership interest that I'd like to donate to charity. Customized Solutions
I'm interested in impact investing. How can I grow my philanthropic assets while still being able to make grants? Agency Loan Fund
I want my trusted investment advisor to recommend
investments for my DAF account. Customized Solutions

Solutions for Giving and Investing

However you want to give, FJC is here to help.

Benefits of FJC Donor Advised Funds
  • Avoid the hassle and expense of setting up a private foundation.
  • Receive a tax deduction when you donate funds to your account, and choose your grantees when you’re ready.
  • Increase your philanthropic impact by investing your assets for growth. Donated assets grow tax free in your account.
  • Let FJC’s experienced staff and personalized services take care of all the technical, administrative, legal, and tax issues related to the charitable work you want to do.
  • Interested in bringing your wealth manager with you to FJC for consistency across your investment accounts? Ask about our premium Alliance Relationship program.
  • Access our innovative Agency Loan Fund, a bespoke impact investment vehicle that combines mission with a competitive risk-adjusted return.
  • Get creative about your giving by tapping into our breadth of investment options, personalized service, and flexibility.

Click here to see a full menu of investment options

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Last year FJC account holders granted over $36 million to more than 2,100 nonprofit organizations.

How do Donor Advised Funds at FJC work?
Open an account

Download and submit our account opening documents today, and get started as early as tomorrow.

Contribute when you want

You can open a DAF account with as little as $5,000. There’s no minimum amount for additional contributions.

 

Grow your giving

Choose an Investment Allocation from our menu, or talk to us about customized solutions. Assets in your account grow tax free.

 

Grant it for bigger impact

Use our donor portal to recommend grants to one or many charities. Grants are typically approved & disbursed within 10 business days.

Flexible Support
Flexible Support

"I donated stock to my FJC account in advance of the company’s public offering. FJC was patient while we sorted through the IPO process and the subsequent lock up period. Their flexibility has allowed me to be especially charitable once the stock became liquid."

John Herzog, FJC Donor
Customized Solutions - You have options

Go ahead, order off the menu! FJC donors have developed customized approaches to giving. Learn More

Agency Loan Fund

Our innovative Agency Loan Fund provides loans at market rates of interest to creditworthy charitable organizations. The net return on the loan portfolio is credited to FJC accounts that select this investment option. The return varies with changes in market interest rates and utilization ratios. Learn more about the Agency Loan Fund here.

Short Term Bond

The Fund seeks a high level of income consistent with preservation of capital. To pursue its goal, under normal circumstances, the Fund invests at least 65% of its net assets in investment grade debt securities of various types. Current manager: Lord Abbett.

Fixed Income - Intermediate Duration

Invests across multiple sectors and regions, including U.S. Treasuries, agency and corporate bonds, residential and commercial mortgage-backed securities and asset-backed securities. Current manager: AllianceBernstein.

Growth Fund

Invests in high-quality U.S. and foreign stocks, emphasizing companies in targeted industries with long-term strategies for growth. Current manager: Janus.

Money Market Portfolio

Invests primarily in CD’s, CDARS, money markets and U.S. Treasury securities, seeking to provide security of principal, daily liquidity and current income. Current manager: Merrill Lynch.

S&P 500 Index Fund

Seeks to gain diversified exposure to the U.S. equity market, broadly diversified within large-capitalization stocks. Current manager: Vanguard.

Socially Responsive Fund

Invests for long-term capital appreciation in a diversified stock portfolio of large- and mid-sized U.S. companies that is consistent with social and environmental priorities. Current manager: Vanguard.

International Growth and Value Equities

Invests in equities of developed markets outside the U.S., diversified by industry and country, which offer attractive return potential. Current manager: AllianceBernstein.

Total Stock Market Index Fund

Invests in the entire U.S. equity market, including small-, mid- and large-cap growth and value stocks. Current manager: Vanguard.

Collective Giving Fund

Call on your community to raise funds as a group around the causes you care about. Collective Giving Funds offer a meaningful way to celebrate special occasions or honor a loved one.

Benefits of a Collective Giving Fund
  • Amplify your impact by pooling funds and assets together with family, friends, and groups.
  • Accept donations from anyone, in any amount. Your fund can receive a wide variety of assets.
  • Support a single charitable organization, or any number of causes your care about.
  • Let FJC’s experienced staff take care of all the technical, administrative, legal, and tax issues, so you can focus on your charitable goals.
  • Get started in a snap with no establishing contribution.
Open a Collective Giving Fund
Scholarship Award Account

Develop scholarship, recognition, awards and/or prizes that are consistent with philanthropic purposes.

Benefits of a Scholarship Award Account
  • Work with FJC staff to refine application/nomination procedures and selection criteria that are objective, non-discriminatory, and comply with Internal Revenue Code requirements for charitability.
  • Rely on FJC’s governance, recordkeeping and financial reporting infrastructure so you can focus on your charitable goals.
Open a Scholarship Award Account
Young Philanthropist Fund

Inspire the next generation of philanthropy by opening a Young Philanthropist Fund for a young person in your life for as little as $1,800. This unique DAF gives them access to a powerful charitable vehicle.

Benefits of a Young Philanthropist Fund
  • Open an account for anyone college age or younger. Celebrate a milestone event or just pass on a love of giving back.
  • Get started in a snap with a low establishing contribution of $1,800.
  • Ignite a passion for giving. Your young philanthropist can distribute funds to a variety of charities and causes they care about.
  • Invest and amplify your impact. The account balance will be invested for growth, tax free, so your young philanthropist will have even more money available for the causes they care about.
  • Let FJC’s experienced staff take care of all the technical, administrative, legal, and tax issues, so you can focus on your charitable goals.
Open a Young Philanthropist Fund
Designated Fund Account

What lights your fire? Show your passionate support for a singular nonprofit with a Designated Fund Account. This DAF is committed to raising funds for your favorite cause.

Benefits of Designated Fund Account
  • Focus your impact by selecting one nonprofit as the designated grantee for your account.
  • Create an Individual DFA that’s funded by you, or raise funds and pool your assets with friends, family and others through a Collective DFA.
  • Enjoy an immediate tax deduction for your contribution to the DFA, while granting funds to your selected nonprofit over time.
  • Let FJC’s experienced staff take care of all the technical, administrative, legal, and tax issues, so you can focus on your charitable goals.
Open a Designated Fund Account
Revolving Fund

Amplify your giving by recycling your grant funds, funding a nonprofit’s expenses that have a high degree of recovery.

Benefits of Revolving Fund
  • Empower a nonprofit partner to initiate big projects without taking on financial risk, such as a large capital project, a new loan fund, or impact litigation cases.
  • Work with FJC staff to structure the revolving fund and determine eligible recoverable costs, as conditions for the nonprofit drawing down funds.
  • Upon successful completion of the project(s) and when costs are recovered, have the nonprofit replenish the revolving fund so the grant dollars can be redeployed for further philanthropic purposes.
Email Us About Revolving Funds
Don't see what you're looking for?

Our donors have worked with us to develop Customized Solutions. Learn More

Agency Loan Fund

Our innovative Agency Loan Fund provides loans at market rates of interest to creditworthy charitable organizations. The net return on the loan portfolio is credited to FJC accounts that select this investment option. The return varies with changes in market interest rates and utilization ratios. Learn more about the Agency Loan Fund here.

Short Term Bond

The Fund seeks a high level of income consistent with preservation of capital. To pursue its goal, under normal circumstances, the Fund invests at least 65% of its net assets in investment grade debt securities of various types. Current manager: Lord Abbett.

Fixed Income - Intermediate Duration

Invests across multiple sectors and regions, including U.S. Treasuries, agency and corporate bonds, residential and commercial mortgage-backed securities and asset-backed securities. Current manager: AllianceBernstein.

Growth Fund

Invests in high-quality U.S. and foreign stocks, emphasizing companies in targeted industries with long-term strategies for growth. Current manager: Janus.

Money Market Portfolio

Invests primarily in CD’s, CDARS, money markets and U.S. Treasury securities, seeking to provide security of principal, daily liquidity and current income. Current manager: Merrill Lynch.

S&P 500 Index Fund

Seeks to gain diversified exposure to the U.S. equity market, broadly diversified within large-capitalization stocks. Current manager: Vanguard.

Socially Responsive Fund

Invests for long-term capital appreciation in a diversified stock portfolio of large- and mid-sized U.S. companies that is consistent with social and environmental priorities. Current manager: Vanguard.

International Growth and Value Equities

Invests in equities of developed markets outside the U.S., diversified by industry and country, which offer attractive return potential. Current manager: AllianceBernstein.

Total Stock Market Index Fund

Invests in the entire U.S. equity market, including small-, mid- and large-cap growth and value stocks. Current manager: Vanguard.

Highlights of the Agency Loan Fund
  • Philanthropic assets in your account go to work for mission, supporting nonprofit organizations even as they grow.
  • All loans originated for the Fund are rigorously vetted for credit quality by FJC staff.
  • Rest assured, your assets remain fully liquid. Recommend grants from your account at any time.
  • Due to credit enhancement, no donor to date has ever experienced a reduction in principal for capital invested in the Agency Loan Fund.
  • Continue to support the orgs you care about while knowing that your assets are working double time to support other worthy causes.
  • Loans from FJC help nonprofits address cash flow challenges so they can maintain their operations and advance their missions.
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FJC’s Agency Loan Fund has advanced over $364 million in loans to over 200 nonprofit organizations globally.

Case Study Case Study
Longtime community members and elected officials celebrate the ribbon cutting of the Forest Hills Community Center. Attendees included Michael Stellman (Board President), Donovan Richards (Queens Borough President), Lynn Shulman (NYC Council), Ben Thomases (Executive Director, QHC), Robert Rodriguez (DSNY), Alan Hevesi (NYS Assembly), James Gennaro (NYC Council), and Sam Marks (FJC)
Queens Community House

FJC closed a $3.9 million bridge loan to Queens Community House (QCH) to bridge public sector grants to revitalize The Forest Hills Community Center. QCH has modernized the entire facility by overhauling its programming rooms and constructing new meeting rooms. The organization has also overhauled its recreational area, built a new neighbor’s lounge and installed accessibility upgrades including a new elevator and better walkways. Learn more.

Case Study Case Study
The annual Haitian Culture Day parade and street festival is just one of the events that Life of Hope organizes to bring vibrancy to Central Brooklyn.
Life of Hope

With a $3.5 million loan from FJC, Life of Hope, a community organization in Central Brooklyn, acquired a property that will be transformed into central hub of its programs serving youth and immigrant families. As one of the few Haitian-serving (and Haitian-led) organizations in New York City, Life of Hope enjoys support from elected officials at federal, state and local levels of government and has secured over $12 million in public funding to build its community center. FJC’s loan helped the organization move quickly to acquire the property from the seller.

Case Study Case Study
Photo of Ready, Wiling, and Able, courtesy of The Doe Fund
The Doe Fund

When time was running short for The Doe Fund, to close on a building site in the Bronx, they called FJC. In a period of three weeks, FJC approved a loan that covered the $4.25 million asking price, as well as $750,000 in predevelopment expenses, to cover those necessary costs the developers need to initiate a complex real estate project: environmental reviews, architectural plans, legal fees, and other costs. “FJC was ready to provide financing almost quicker than we were ready to accept it,” explains John McDonald, The Doe Fund’s Chief Operating Officer. “Their speed and accessibility were a key factor in our ability to secure the site.” Learn more.

Case Study Case Study
STREB Inc.

STREB Inc. thrills audiences around the world with choreographed feats of physicality and boundary pushing dance performances. Founded by the MacArthur "Genius" Award winner, Elizabeth Streb, The STREB Lab for Action Mechanics (SLAM), in Brooklyn is also home to the STREB PopAction School and the España-Streb Trapeze Academy, offering classes to children and adults. FJC has made multiple loans to STREB to bridge receipt of contract receivables.

How it works
Open a DAF

The Agency Loan Fund is offered as an investment option to our account holders.

 

Invest in ALF

Select the Agency Loan Fund for some or all of your DAF’s Investment Allocation.

 

Support charitable needs

FJC vets credit-qualifying nonprofits and originates loans for the Fund.

 

Grow your account

Borrowers make interest and principal payments, growing the ALF pool and your account. Credit enhancement on the pool protects your investment.

 

Amplify your impact

Recommend grants from your account to causes you support at any time, making your dollars give and give again.

 

An invaluable resource
An invaluable resource

"From help in purchasing our own building, to investment in new equipment and sets, to day-to-day cash flow management, FJC's Agency Loan Fund has been an invaluable resource for STREB Inc. These loans afforded us the gift of time, allowing us to build our infrastructure and our artistic and educational programs to serve more people."

Elizabeth Streb, Founder, STREB Inc
Are you a nonprofit looking for a loan?

We’ve got the legal and financial know-how to help you build a better world. Learn More

Agency Loan Fund

Our innovative Agency Loan Fund provides loans at market rates of interest to creditworthy charitable organizations. The net return on the loan portfolio is credited to FJC accounts that select this investment option. The return varies with changes in market interest rates and utilization ratios. Learn more about the Agency Loan Fund here.

Short Term Bond

The Fund seeks a high level of income consistent with preservation of capital. To pursue its goal, under normal circumstances, the Fund invests at least 65% of its net assets in investment grade debt securities of various types. Current manager: Lord Abbett.

Fixed Income - Intermediate Duration

Invests across multiple sectors and regions, including U.S. Treasuries, agency and corporate bonds, residential and commercial mortgage-backed securities and asset-backed securities. Current manager: AllianceBernstein.

Growth Fund

Invests in high-quality U.S. and foreign stocks, emphasizing companies in targeted industries with long-term strategies for growth. Current manager: Janus.

Money Market Portfolio

Invests primarily in CD’s, CDARS, money markets and U.S. Treasury securities, seeking to provide security of principal, daily liquidity and current income. Current manager: Merrill Lynch.

S&P 500 Index Fund

Seeks to gain diversified exposure to the U.S. equity market, broadly diversified within large-capitalization stocks. Current manager: Vanguard.

Socially Responsive Fund

Invests for long-term capital appreciation in a diversified stock portfolio of large- and mid-sized U.S. companies that is consistent with social and environmental priorities. Current manager: Vanguard.

International Growth and Value Equities

Invests in equities of developed markets outside the U.S., diversified by industry and country, which offer attractive return potential. Current manager: AllianceBernstein.

Total Stock Market Index Fund

Invests in the entire U.S. equity market, including small-, mid- and large-cap growth and value stocks. Current manager: Vanguard.

Innovative investing done right

With FJC you have an expert in your corner. We bring a pioneering level of business discipline and aggressive pursuit of results to the investing side of philanthropy. That means we're willing to explore new ideas, partner in unique ways, and go the extra mile to make your philanthropy have the biggest impact.

Bring us your ideas about...
Illiquid assets

Want to donate something unusual? We may be able to turn illiquid assets into a force for good.

Charitable loans

Deploy your philanthropic capital as loans to nonprofits that you choose, with customized terms (interest rate, maturity).

Leveraging an expert team

Our financial sophistication and in-depth knowledge of the nonprofit sector ensures even the most complex deals are executed with precision.

Building a community

Discover an inspiring network of independent minded philanthropists, and over 1.5 million nonprofits.

Alliance Partner Relationships

Interested in bringing your wealth manager with you to FJC for consistency across your investment accounts? Ask about our premium Alliance Relationship program. Learn more.

Thinking big

We begin each transaction with a blank sheet of paper and an open mind. Our commitment to responsive and nimble service means your philanthropy gets the personal touch.

Examples of FJC Customized Solutions

The team at FJC has extensive transactional experience, and we welcome donors looking to contribute non-cash assets.

FJC’s Investment Committee has substantial transactional experience to liquidate a wide range of assets, from real estate, illiquid stock, and limited partnership interests. In 2020 we accepted our first donation of Bitcoin.

Flexible, easy giving
Flexible, easy giving

"When we had a non-traditional asset we wanted to donate to charity -- a vacation home in Aspen, CO -- we came to FJC. They were eager to work with us, selling the real estate in short order and converting it to cash that we could use for 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

Are you involved with a beloved nonprofit that’s facing cash flow issues? Work with FJC to arrange a customized loan from your DAF account. You negotiate the terms (maturity, interest rate, etc) and we’ll do the rest.

Case Study CASE STUDY
Photo courtesy of Brighter Tomorrows
Brighter Tomorrows

FJC worked with a committed donor and her philanthropic advisor to quickly provide a crucial cash flow loan to Brighter Tomorrows – a nonprofit working with victims of domestic violence. The organization relied heavily on state contracts that were typically slow to pay. Sandy Wheeler, a longtime donor to the nonprofit, spoke to her philanthropic advisor at a large financial institution, who made the connection to FJC.

Within a few weeks, staff at FJC worked with the Wheelers to provide a crucial $100,000 cash flow loan to the nonprofit. Learn more.

Want to invest your DAF account in a preferred investment vehicle that’s not on our Investment Allocation menu? Like a hedge fund or alternative investment? FJC may allow this for high value accounts.

Want to maintain the role of your wealth or investment advisor for assets donated to your DAF account? Ask about FJC’s Alliance Relationships, which are available to advisors that bring high value client relationships to FJC.

Better service for wealth advisors
Better service for wealth advisors

"Our Alliance relationship with FJC means that we and our planning team have complete visibility into our client’s investments, even the ones invested in their Donor Advised Fund account. For us it means better service for our clients."

Wealth Advisor, Anonymous