Phone 901-374-0400
Tzedakah
Your Charitable Giving Partner
6560 Poplar Avenue, Memphis, TN 38138
Third Quarter Update October 15, 2009:
A note to fund holders from your Jewish Foundation of Memphis staff:
Things are going well at the foundation and we have a lot to share with you this quarter.
Strong investment performance in September resulted in growth in our funds –
and more money to disburse to your favorite charitable organizations Please
take a look at the grant opportunities from our partner agencies. We encourage
you to consider funding one or more of these items.
The 4th quarter is typically the busiest at the Foundation as many fund holders add money
to their accounts. You may contribute cash, securities and other readily marketable assets
to your fund at the Jewish Foundation of Memphis. In addition you may utilize your visa
or mastercard to contribute to your fund! Click here to find out how.
As you consider your year-end giving we encourage you to take a look at an IRS article we recently posted. It discusses tax implications of charitable gifts. In addition, please review our information on managing your fund. Grant activity at year-end is extremely busy and your knowledge of the grant process will make the "year-end" rush go much more smoothly.
New Investment Strategies Added to Foundation's Platform
We are pleased to announce that we have added 3 additional investment options to our platform. You may now choose an index strategy, a balanced strategy (50%/50%) and a moderate strategy (30%/70%). You may access more information on our investment program by clicking here.
Mark your calendar for December 3 from 7 – 9 p.m. for a timely program just for donor advised fund holders sponsored by Summit Asset Management. "Making the Most out of Your Donor Advised Fund" will feature three round table discussions on meaningful and timely topics. Featured presenters are local estate attorney Steve McDaniel who will discuss ways to utilize your fund for charitable bequests. Local philanthropist Lauren Wilson Young, granddaughter of Kemmons Wilson and Executive Director of their family foundation will discuss ways to involve children and grandchildren in your charitable giving. And John Laughlin of Summit Asset Management will discuss ways to maximize charitable deductions by adding money to your fund when times are good. A formal invitation will be mailed in the coming weeks, we hope you will plan to join us.
We are looking forward to a great year-end and encourage you to contact us if we can be of assistance to you in any way. Thank you for your partnership and for your confidence in the important work of the Foundation.
