What is the JCCF Community Endowment?
The Community Endowment is the central fund of JCCF, opened in 2005 with two large anonymous gifts . The interest earned on this fund’s principle is distributed to worthy projects and organizations in the county through JCCF’s grantmaking program. Grantmaking decisions are made by JCCF, with participation from community members. The Community Endowment spending rate is set at 4.3% of the annual interest earned on the fund. JCCF invests the balance of the Community Endowment so that it earns income, which is then available to support charitable activities in future years. The Community Endowment reflects the passion of donors for our community. Through the generosity of you and your neighbors, Jefferson County reaps benefits today and far into the future.
