More than 21% of assets were distributed to charities in all sectors.
The Jewish Communal Fund (JCF), the largest Jewish donor-advised fund in the country, distributed $520 million in grants to charities in all sectors during the 2021 fiscal year ending June 30, 2021. JCF Fundholders recommended a record number of grants – 72,000 – to thousands of charitable organizations, a 13% increase from 2020. The average grant amount was $7,194.