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Named Tribute Funds
A type of endowed fund which may be established to honor or memorialize a loved one. The donor may name the fund and choose an area of interest for how the fund's income will be spent annually.

Benefits

• Honors or memorializes a loved one through a project or issue of importance to that person.
• Promotes philanthropy within the family and teaches tzedakah to children.
• Bypasses capital gains taxes on long-term appreciated securities.
• The donor may recommend a different project to receive distribution from the Named Fund each year.
• The donor may initiate a fund to commemorate a special occasion and may add to the fund over the years.