JFF endowment now includes Temple Emanu-El

When Temple Emanu-El chose the Jewish Federation Foundation of Greater Rhode Island (JFF) to help manage its endowment funds, the congregation joined a dozen other Rhode Island Jewish agencies and synagogues who invest together. That was more than a year ago. This portion of JFF investments  – Jewish agencies and synagogues – now totals more than $34.7 million.

JFF endowment funds are managed by the Rhode Island Foundation, a relationship that was established in 2019 and has significantly benefited the JFF and the Jewish community at large. The funds are invested with the foundation’s portfolio of approximately $1.4 billion.

The technical advantages of an organization’s endowment fund at the JFF include:

Being part of the investment portfolio of the Rhode Island Foundation, affording access to investment vehicles that are not available to smaller funds.

Customer service from the Jewish Alliance of Greater Rhode, the organization that understands the special needs of the Jewish community.

Operational flexibility – for example, choice of regular distributions or requesting as needed.

More importantly for the community, JFF can provide organizations with expertise regarding planned giving including tools to encourage donors to think about their legacies. Additionally, instead of the support fee going to a generic financial institution, it goes to organizations that are caring for the community. By investing with JFF, organizations are partnering with an organization with shared values that supports communities throughout the state.

There are many ways to plan for your future and proudly leave your legacy. For more information about the Jewish Federation Foundation and your individualized planned giving options, contact endowment@jewishallianceri.org or 401-421-4111.

Submitted by the Jewish Federation Foundation