No one every became poor by giving.

For Donors

Book of life

The Jewish Community Foundation of New Mexico is here to help you create your legacy plan — a blueprint of how you can match your values with your valuables to support causes important to you after you're gone.

Legacy planning can join children, parents and even grandparents in the common goal of sustaining the community. Some families work together to discuss and make decisions about what organizations and causes to support. Involving family members can open a dialogue about ideals, traditions, and visions for the future.

There are many types of funds available through which you can establish, or continue, your charitable giving. Some distribute funds during the donor's lifetime. Others are endowments funded after death.

Community nonprofit charitable agencies can create endowment funds to manage their donors' designated gifts or consider a custodial fund to help manage reserves or other resources.

Most Common Funds

Please contact the Foundation for other options that may be available.

Donor-Advised Fund - Often referred to as a “charitable checking account”

Allows you to make charitable contributions easily and efficiently

  • Non-endowed; minimum initial contribution $5,000
  • Additional contributions to fund can be made at any time in any amount
  • Established by the donor(s) to recommend grants to charitable organizations
  • Donor selects investment pool while funds held by Foundation
  • Online access to your fund is available 24/7 through Donor Central

Endowment Fund

Ensures your legacy is professionally managed and your charitable intent is fulfilled

  • Minimum initial contribution $10,000
  • Established by the donor(s) to preserve the corpus of the fund permanently
  • Donor names the beneficiaries and purpose
  • Distributions are made from available earnings based on the spending rate established annually by the Foundation.
  • Additional contributions can be made at any time in any amount

Life Income Funds

If a lifetime income for you and/or your spouse is appealing, consider a charitable gift annuity that enables you to receive guaranteed revenue and benefits your special causes after you're gone.

  • Charitable Gift Annuity
  • Charitable Remainder Annuity Trust
  • Charitable Remainder Unitrust

Agency Endowment Fund

  • Minimum $10,000
  • Established by nonprofit agency to preserve corpus permanently
  • Agency may state a specific purpose for the fund
  • Distributions are made from available earnings based on spending rate
  • Additional contributions can be made at any time in any amount

Agency Custodial Fund

  • Non-endowed; Minimum $10,000
  • Nonprofit agency may state a specific purpose for the fund
  • Distributions can be made from both initial investment and earnings at any time
  • Additional contributions can be made at any time in any amount

Funding Your Legacy Plan

You can make a gift to any fund with a variety of assets, including:

  • Cash
  • Life insurance
  • Marketable securities (stocks, bonds)
  • Israel bonds
  • Distributions from your retirement plan
  • Certain real estate, such as personal residence or commercial property

Consult with you professional advisor about potential tax advantages of contributing certain assets.

About 80% of legacy gifts are made via bequests.

You can make a provision in your will, or revocable living trust, to bequeath certain assets or a percentage of your estate to the Jewish Community Foundation of New Mexico or to a fund you have created at the Foundation.

If you expect your gift to be $10,000 or over, you may create a donor-named fund under a separate agreement with the Foundation and distributions will be governed by that Fund Agreement.

We are happy to work with your professional advisors to assure that you have everything you need to make informed decisions about creating and funding your legacy.

Contact us for more information.

Special Giving Opportunities

Some donors want to give to an established fund instead of, or in addition to, starting their own funds. We welcome contributions in any amount to special funds at the Foundation, including the ones listed below.

Community Fund

Makes grants to Jewish organizations or for community emergencies

Israel Experience Fund

Assists Jewish students from New Mexico to finance an educational trip to Israel

Jewish Women's Endowment Fund

Provides grants to fund programs that assist women and their children in need within the Jewish community of Albuquerque. (Minimum contribution of $1,000 to become a member of allocations committee)