Restricted Funds are endowment funds that ensure your favorite nonprofit organizations and projects receive an annual stream of income - forever - to help them sustain a vibrant future. You can honor your family or the memory of a loved one by naming the fund after them.
How it works:
- Select the organization (and area of impact) you want to support and name your fund (e.g., the Smith Family Camp Scholarship Fund).
- Provide a gift of $5,000 or more (e.g., cash, stocks, real estate, or other assets), or build up to this level over two to five years. Your endowed fund is pooled into a diversified portfolio, managed by expert investment professionals, to maximize current grant dollars available while preserving the principal in perpetuity
- Every year, approximately 4 percent of the asset value of your fund is granted to your designated beneficiary while we continue to maintain, invest and grow your fund’s assets. The UJCVP Endowment handles all administrative requirements and provides you with detailed reports of your fund activity.
