Jewish Communal Fund Sends Out Record-Breaking $536 Million In Grants In FY 2020
More than 27% of assets distributed to charities in all sectors
The Jewish Communal Fund (JCF), the largest Jewish donor-advised fund in the country, distributed a record $536 million in grants to charities in all sectors during the 2020 fiscal year ending June 30, 2020 – a 17.5% increase from 2019. JCF Fundholders recommended a record-number of grants – 64,188 – to thousands of charitable organizations, an 18% increase from 2019. The average grant amount was $8,352 – an increase of 16% as compared to the previous year.
