
Intergenerational Giving
MAKING A FAMILY IMPACT
Families in our area are experimenting with new approaches to intergenerational philanthropy.
Intergenerational giving embodies the Jewish value of tzedakah, the closest Hebrew word to philanthropy. Tzedakah transcends charity, calling each generation to engage in the shared work of pursuing justice. As more families prepare to transfer wealth to new generations, we are working with donors in our community to enhance their legacy of intergenerational giving. We can help your family create a giving strategy, connect with community and learn about giving opportunities, consider how to evaluate giving the impact of your giving, align giving approaches and plan for the future.
As we are working with families, here are some of the top practices we see families exploring
Families are:
- Creating mission statements grounded in Jewish values.
- Experimenting with opening small DAFs to seed family member projects.
- Collaborating across the generations on decisions about where and how to give.
- Forgoing consensus in favor of structures that support different interests and help generations learn from each other.
- Collaborating on projects and engaging in site visits to build trust and learn about community needs.
- Discussing what percentage of funds will go to Jewish causes
- Considering multi-year investments, and assessing tolerance for risk and innovation as their philanthropic sophistication grows.
- Creating “challenge grants” to fuel giving for the next generation
Begin Creating Your Legacy
Your Jewish legacy secures the future of a vibrant Jewish community. By establishing your legacy gift you ensure that vital programs and organizations flourish in good times and in bad. Your endowment builds the foundation of a strong Jewish life and a thriving Greater Washington Community for generations to come. The Foundation supports the creation of your legacy plan with utmost confidentiality.
Start Your Legacy Today
This commitment is a symbol of your promise to support the causes and organizations that matter most to you in line with your Jewish values. This is not a legally binding document.