TOP’s Ten Most Asked Questions?

1. Will the amount in my charitable fund ever be shared?

Only donors of and charitable organizations named as beneficiaries in formal charitable fund agreements receive quarterly information. No one else.

2. Can I make a distribution to cover a pledge from my Donor Advised Philanthropic Fund?

No. IRS tax laws prevents this. However, you can recommend that a grant be made from your TOP Jewish Foundation charitable fund. In this way you can effectively use your fund for a wide variety of grants.

3. Is it possible to replenish my charitable fund at any time?

TOP Jewish Foundation accepts contributions of any amount and at any time. Cash, equities or Israel Bonds are most often used. However, most any asset can be accepted. Please call your local office for help.

4. Can I recommend gifts to any 501(c)(3) charity?

Yes. TOP Jewish Foundation encourages and accepts recommendations to any local,
national or international charity both Jewish and secular.

5. May anyone else make gifts to my TOP Jewish Foundation charitable fund?

Yes. Gifts to your endowment, donor advised philanthropic fund or other charitable fund held at TOP Jewish Foundation is a great way for you or your family to involve others in supporting your charitable interests.

6. Can I submit request for distribution from my charitable fund via E-mail?

Although convenient, we cannot accept these requests via e-mail at this time. A personally signed request is needed.

7. I have left TOP Jewish Foundation in my will or estate plan. Is there any benefit to informing you now?

Yes. TOP Jewish Foundation can often help streamline the process of creating the planned gift and ensure the gift is structured in a way to effectively address your philanthropic wishes. TOP Jewish Foundation would also include you in the prestigious Legacy Society.

8. Is it possible to make grants from my charitable fund and remain anonymous?

Yes. TOP Jewish Foundation tries to honor all wishes of our donors upon request and when feasible.

9. Can I create an endowment at TOP Jewish Foundation to benefit my synagogue?

Yes. TOP Jewish Foundation holds endowments for synagogues and many local Jewish agencies. TOP Jewish Foundation can manage any charitable funds benefiting any 501(c) (3) organization a donors wishes to support.

10. Can I see the T.O.P. Jewish Foundation’s Investment Policy and performance?

Yes. A staff member will like to meet you, discuss the details and answer any questions you might have.