Carob Legacy Giving

Endowment Giving

An endowment gift is a financial commitment directed to the Boulder JCC. Your gift will generate income over time to sustain Jewish life today, tomorrow, and into the future; allowing you to share your values and your story with generations to come. All of us, regardless of age, wealth, or affiliation, have the capacity to leave a meaningful Jewish legacy. We invite you to plant the seeds for future generations by becoming part of the Carob Legacy Circle.

Your financial commitment can be directed to a specific Boulder JCC area of interest or program that has made an impression on your life, family, or individual community or in honor or memory of a loved one.

If you have been so generous as to include a bequest to The Boulder JCC as part of your estate plan, please take the time to let us know. We would like to recognize you and your family for your generosity.

Why leave a legacy gift to the Boulder JCC?

• Perpetuate the vitality and purpose of the JCC, its programs, and services
• Continue your support of the values and causes that the JCC represents
• Create a lasting tribute to honor family, friends, and loved ones
• Leave the world a better place and make a difference 
• Receive an estate tax charitable deduction
• Reduce the burden of taxes on your family

Ways to leave a Bequest at the Boulder JCC

• Include a bequest to The Boulder JCC in your will or revocable trust
• Designate The Boulder JCC as a full, partial, or contingent beneficiary of your retirement account (IRA, 401(k), 403(b), or pension)
• Name The Boulder JCC as a beneficiary of your life insurance policy

 Endowment Giving FAQS

What is the Boulder JCC's Endowment?

Think of the Boulder JCC as having two pots of money: general operating funds and endowment funds. The operating funds are like a checking account to address current expenses, where Endowment funds are like having a permanent savings account to accumulate funds for the future.

The Boulder JCC’s endowment builds over time through charitable gifts, large and small, which are invested to generate income. Part of that income gets distributed back to the JCC as revenue for the day-to-day operations, and part is reinvested in the endowment so it continues to grow. 

Endowments provide a stream of income that helps to ensure financial security in good times and not-so-good times. In other words, endowments are for the long haul. 

Why does the Boulder JCC need Endowment?

There are two main reasons: financial sustainability and increased impact. Just as Boulder has experienced explosive growth, so has our Jewish community. Building our campus was a major step forward to meet the needs of this growing population. Now, our community is at a tipping point and the endowment helps to assure sound financial planning to broaden our impact through programs and engagement.  

Why is the Boulder JCC asking to make Endowment commitments now?

A commitment made now, sustains a vibrant home for Jewish life in Boulder for future generations. Your gift is invested in the endowment fund and a portion of the interest is distributed to the Boulder JCC annually—forever! 

Why does the Boulder JCC need something in writing? Why is it important to know the amount of the commitment now, if the gift will be made in the future?

A gift to the endowment is a promise to the future of the Boulder JCC—the one that will be there for your next stage of life and the lives of the next generation. The JCC creates a written record of your commitment to ensure your intentions are clear and that your wishes are met. Knowing details about your charitable gift planning allows the JCC to better project the long term financial future and provide a level of confidence in making long term decisions.  

Can I designate a gift of Endowment to be used for a specific purpose?

You may contribute to an existing named endowment fund or create one of your own. New named endowment funds can be established at a level of $50,000 and above, part of which can include a deferred gift.  

Can I make a current gift to the Endowment or are you only looking for gifts through wills and beneficiary designations?

By making outright gifts to endowment, you can see your charitable gifts at work during your lifetime. One of the advantages of a current gift is that the endowment will begin to generate income immediately and will provide revenue for the operating budget. As the endowment value grows over time, so will the revenue.  Additionally, your donation may be eligible for the 5C Colorado Child Care Contribution Credit, greatly increasing the tax benefit of your gift.

What assets can I use to make a gift to the Endowment?

Outright gifts to the Boulder JCC’s endowment can be made with most any asset. Cash and marketable securities are simple. Other assets like real estate or other property require prior approval.

What are planned gifts? 

Some planned gifts are made by transferring assets to the Boulder JCC now, while still retaining a life income stream. Others are made at the end of life through charitable beneficiary designations from your retirement or other accounts, bequests through a will or trust, or life insurance policies. Planned gifts can offer considerable flexibility for financial and tax planning and may allow you to tailor your gift to your needs and the needs of your heirs.