CJP Donor Advised Fund fees and investments

What fees are charged?

The CJP Donor Advised Fund charges fees based on the following schedule:

Administrative balance fee

CJP’s Committee on Development reviews and approves the administrative fees periodically and may adjust them from time to time. Fees are based on an average daily fund balance, and are withdrawn from the fund on a quarterly basis. Administrative fees do not include underlying investment fees, asset custody fees, fund unitization, or online access.

Investment options

CJP offers seven investment options for all DAF funds:

• Diversified Fund is designed as a total return portfolio to realize the potential for capital appreciation while secondarily generating current income.
• Sustainable Fund is designed to pursue long-term capital appreciation and income while targeting companies with positive impact on the world.
• Equity Fund is designed to achieve long-term capital appreciation consistent with that of the broad equity markets.
• U.S. Equity Index Fund is designed to offer a low-cost S&P 500 index fund for those seeking to track the U.S. stock market.
• Fixed Income Fund is designed to emphasize greater current income consistent with prudent risk.
  
• Money Market Fund is designed to provide preservation of capital and liquidity with limited current income.

• Jewish Community Endowment Pool, LLP (JCEP) is designed as a total return, long-term portfolio that seeks to support endowment-style annual spending. DAFs may invest in JCEP subject to certain guidelines, including a minimum DAF balance of $500,000. For more information about JCEP eligibility, contact Charlie Glassenberg.
  
  
  

Click here for more information on these investment options.