FJC: A Foundation of Philanthropic Funds

What FJC: A Foundation of Philanthropic Funds does

FJC: A Foundation of Philanthropic Funds is a 501(c)(3) public charity founded in 1995 and headquartered in New York City, providing donor advised funds (DAFs), fiscal sponsorship, philanthropic lending, and bespoke philanthropic capital solutions to individual donors, families, wealth advisors, and nonprofit organizations. Its product suite is anchored by the standard Donor Advised Fund (minimum $5,000 to establish), supplemented by specialized variants — Young Philanthropist Fund ($1,800 minimum), Collective Giving Fund, Scholarship Award Account, Designated Fund Account, and Revolving Fund — plus the Agency Loan Fund, an impact-investment vehicle that deploys donor capital as Prime + 3.0% loans to creditworthy nonprofits with a credit-enhancement structure that has protected all donor principal. FJC also runs a Fiscal Sponsorship Program providing operational and tax-deductible infrastructure to emerging nonprofits (over 400 sponsored since inception, 75+ graduated to independent 501(c)(3) status) and Cash Flow Solutions that allow donor capital to back revolving lines of credit to nonprofits. Customized Solutions accommodates illiquid asset donations (real estate, cryptocurrency, private company interests) and donor-directed loans.

The underlying technology is modest and conventional: a donor self-service portal at donorsphere.org for account management, integrated with Bill.com for ACH grant disbursement and with the Candid database for nonprofit research. There is no proprietary AI or analytics layer disclosed. The technology differentiation is financial-structural rather than software-based — primarily the Agency Loan Fund architecture, the credit-enhancement mechanism, and the operational workflows for handling complex assets and loans.

FJC operates with a lean team of approximately 15 staff, including a C-suite (CEO Sam Marks, COO Meghan Hudson, CFO Regina Rodriguez, CLO Hillary Zilz) and program managers for lending, fiscal sponsorship, accounting, grants, and administration. Its go-to-market is relationship-driven and boutique: direct engagement with HNW donors and advisors, an Alliance Relationship Program channel through wealth advisors, and broad referral networks from nonprofit partners. Revenue is not publicly disclosed but appears to derive from account management fees, interest income on Agency Loan Fund deployments, and administrative fees for fiscal sponsorship and customized solutions. Since inception FJC has deployed over $692 million in grants and over $398 million in loans, with FY 2022 activity exceeding $52 million in grants and $6.1 million in loan commitments.

Name

FJC: A Foundation of Philanthropic Funds

Legal name

FJC – A Foundation of Philanthropic Funds

Website

https://fjc.org

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

1–10 employees

Short description

FJC: A Foundation of Philanthropic Funds is a 501(c)(3) public charity providing donor advised funds, fiscal sponsorship, philanthropic lending, and bespoke capital solutions for individual donors, families, wealth advisors, and nonprofit organizations.

Ownership category

akta.pro rank

Product category

Philanthropic Fund Services

NAICS

Grantmaking and Giving Services (81321), Trusts, Estates, and Agency Accounts (52592)

SIC

Finance Services (6199), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Donor-Advised Fund (DAF) Sponsors (BPAGAKAF)

akta.pro secondary industry

Philanthropy & Foundations Advisory (Donor-Advised Funds, Endowments) (FSAAABAH)

Keywords

• Donor advised funds
• Fiscal sponsorship
• Philanthropic lending
• Charitable investment services
• Nonprofit capital solutions

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Philanthropic Services (Fee-based): FJC operates as a public charity providing donor advised fund services. Revenue appears to come from fees associated with account management, loan servicing, and fiscal sponsorship administration. FJC is a 501(c)(3) public charity.
2. Agency Loan Fund Interest Income: Loans originated through the Agency Loan Fund bear interest at Prime Rate + 3.0%. Interest payments from borrowers generate returns credited pro-rata to donor accounts invested in the ALF. No closing fees, legal fees, or prepayment penalties are charged.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

FJC operates as a 501(c)(3) public charity providing donor advised fund (DAF) accounts for charitable giving, fiscal sponsorship services that supply emerging nonprofits with operational and tax-deductible infrastructure, and an Agency Loan Fund that deploys donor capital as loans to nonprofit organizations. It also structures customized solutions for non-traditional asset donations (real estate, cryptocurrency, private company interests) and offers wealth-advisor partnership programs.

Product overview

FJC offers a unified platform of philanthropic financial products centered on Donor Advised Funds (DAFs) as the core offering, supplemented by specialized fund variants and lending services. The core DAF product enables tax-deductible contributions, tax-free investment growth, and flexible grantmaking. The Agency Loan Fund extends the platform as an impact investment vehicle where donor capital funds nonprofit loans. The Fiscal Sponsorship Program provides operational infrastructure for emerging nonprofits. Specialized products include Collective Giving Funds for group philanthropy, Scholarship Award Accounts, Young Philanthropist Funds for generational giving, and Designated Fund Accounts for cause-focused giving. Customized Solutions accommodate non-traditional assets and bespoke arrangements. The platform integrates Bill.com for electronic grant disbursements and connects to Candid's nonprofit database for grantee research.

Differentiator

Problem solved

Functional benefit

Products and services

• Donor Advised Fund (DAF) A flexible charitable giving account that allows donors to make tax-deductible contributions, invest assets for tax-free growth, and recommend grants to IRS-qualified 501(c)(3) nonprofits over time. Minimum $5,000 initial contribution; no minimum on subsequent contributions.
• Agency Loan Fund A pooled investment vehicle where donor DAF capital is deployed as loans to nonprofit organizations at Prime Rate + 3.0% interest. Net return is credited pro-rata to participating DAF accounts; credit enhancement protects donor principal. No closing fees, legal fees, or prepayment penalties.
• Fiscal Sponsorship Program Provides emerging charitable projects and startups with FJC's 501(c)(3) status, tax-deductible receipting, grants administration, vendor payments, and operational infrastructure so they can focus on mission while building toward independent tax-exempt status.
• Specialized Funds A family of specialized DAF variants that includes the Collective Giving Fund (group pooling with no minimum), Scholarship Award Account (donor-designed scholarship programs with FJC handling governance), Young Philanthropist Fund ($1,800 minimum for college-age or younger donors), and Designated Fund Account (single designated grantee, available individually or collectively).
• Customized Solutions Bespoke philanthropic structures for donors with complex or non-traditional assets including real estate, cryptocurrency, and private company interests. Includes customized loans where donors determine terms, revolving funds, and alternative investments such as hedge funds and private equity.
• Alliance Relationship Program A partnership program for wealth advisors and financial advisors offering FJC's DAF services to their clients. Provides advisors with visibility into client philanthropic portfolios alongside personal wealth investments, supporting alternative investment options within DAF accounts.
• Cash Flow Solutions Enables nonprofit organizations to access lines of credit using donor philanthropic capital as collateral. Funds revolve as loans indefinitely or convert to grants at donor discretion. Minimum $100,000 to establish a revolving loan account.

Quantifiable outcome

• Over $692 million in grants deployed since inception
• +4 more outcomes

Named customers15 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Partnerships

13 partnerships are on record, tiered core and supporting.

• Tikkun Olam Foundation (TOF)coreStrategic or Co-development Partner · 1 January 2025FJC partners with Tikkun Olam Foundation to provide philanthropic loans to nonprofits. TOF capitalized a DAF account at FJC with a $1 million grant, which FJC then used to provide a revolving line of credit to The Ali Forney Center. TOF plans similar strategic loan funds up to $500,000 annually through 2028 to provide stability to nonprofits nationwide.
• The Ali Forney CentercoreStrategic or Co-development Partner · 1 January 2025Leading provider of services to LGBTQ+ youth experiencing homelessness. Received $1 million revolving line of credit through FJC/Tikkun Olam Foundation partnership to offset government payment delays and serve as emergency reserve. Part of planned series of strategic investments from TOF through 2028.
• Hebrew Free Loan SocietycoreStrategic or Co-development Partner · 1 December 2024FJC donors Andrew Lachman and Ruth Messinger provided $1 million grant recommendation to Hebrew Free Loan Society to capitalize the Fresh Start Loan program for debt relief. The program provides 0%-interest loans to help New Yorkers refinance expensive credit card debt. Repaid funds are recycled into new loans, multiplying impact.
• Queens Community HousecoreStrategic or Co-development Partner · 1 June 2024Multi-service settlement house serving Queens neighborhoods. Received $3.9 million bridge loan from FJC to bridge public capital grants for Forest Hills Community Center renovation. The center serves over 25,000 people annually.
• Neighborhood Trust Financial PartnerssupportingStrategic or Co-development Partner · 1 January 2024One of four leading financial counseling organizations that refer borrowers to Hebrew Free Loan Society's Fresh Start Loan program, which was capitalized through FJC donor recommendation.
• New York Legal Assistance GroupsupportingStrategic or Co-development Partner · 1 January 2024One of four leading financial counseling organizations that refer borrowers to Hebrew Free Loan Society's Fresh Start Loan program, which was capitalized through FJC donor recommendation.
• Bedford-Stuyvesant RestorationsupportingStrategic or Co-development Partner · 1 January 2024One of four leading financial counseling organizations that refer borrowers to Hebrew Free Loan Society's Fresh Start Loan program, which was capitalized through FJC donor recommendation.
• Community Service SocietysupportingStrategic or Co-development Partner · 1 January 2024One of four leading financial counseling organizations that refer borrowers to Hebrew Free Loan Society's Fresh Start Loan program, which was capitalized through FJC donor recommendation.
• Life of HopecoreStrategic or Co-development Partner · 1 January 2024Community organization serving Haitian diaspora and immigrant families in Central Brooklyn. Received $3.5 million loan to acquire property for community center serving 65,000 youth and immigrant families annually.
• The Doe FundcoreStrategic or Co-development Partner · 1 January 2020Nonprofit providing affordable housing and workforce development services. Received $5 million total loan ($4.25M acquisition + $750K predevelopment) for Bronx affordable housing project. Longstanding lending relationship spanning decades.
• Brighter TomorrowscoreStrategic or Co-development Partner · 1 January 2020Nonprofit serving domestic violence victims in NY tri-state area. Received $100,000 cash flow loan from FJC to bridge delayed state contract payments during COVID-19 pandemic.
• STREB Inc.coreStrategic or Co-development Partner · 1 January 2020Performing arts organization founded by MacArthur 'Genius' Award winner Elizabeth Streb. Received multiple loans from FJC to bridge contract receivables for building, equipment, and day-to-day operations.
• Akerman LLPsupportingStrategic or Co-development PartnerLaw firm providing pro bono counsel for Life of Hope property acquisition project facilitated by FJC loan.

Scale indicators17 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Arabella Advisors: Arabella Advisors is a philanthropy advisory firm that helps donors design and execute complex giving strategies, including impact investing, fiscal sponsorship, and custom philanthropy vehicles. It is comparable to FJC in providing bespoke philanthropic solutions for HNW donors and foundations.
• RSF Social Finance: RSF Social Finance is a financial services organization focused on social enterprise lending and impact investing, offering donor advised funds alongside direct loans to nonprofits. It is comparable to FJC in combining philanthropic capital with mission-aligned lending.

Direct peers

• Charities Aid Foundation America (CAF America): CAF America is a 501(c)(3) public charity providing DAF and grantmaking services to U.S. donors seeking to give internationally. It is comparable to FJC in providing grantmaking infrastructure for HNW donors with cross-border or specialized philanthropy needs.
• National Philanthropic Trust: National Philanthropic Trust is a public charity that operates as a major independent DAF sponsor, with over $20B in charitable assets. It is a direct peer to FJC in the boutique/specialist DAF sponsor category with similar focus on HNW donor relationships and custom philanthropy solutions.
• Goldman Sachs Philanthropy Fund: Goldman Sachs Philanthropy Fund is a DAF sponsor serving UHNW clients of Goldman Sachs, offering customized philanthropy solutions and alternative investment options. It is a direct peer in the boutique high-touch DAF market segment where FJC operates.

Broad incumbents

• Fidelity Charitable: Fidelity Charitable is the largest donor-advised fund sponsor in the U.S. with over $140B in AUM, offering DAF services as part of Fidelity's broader financial services platform. It is the dominant scaled incumbent that FJC competes against for HNW donor relationships.
• Vanguard Charitable: Vanguard Charitable is a major DAF sponsor affiliated with Vanguard Group, with over $15B in AUM. It targets cost-conscious donors with low-fee DAF services and competes with FJC for HNW donors seeking investment management integration.
• Schwab Charitable: Schwab Charitable is one of the largest DAF sponsors in the U.S. with over $50B in AUM, integrated with Schwab's brokerage platform. Like Fidelity Charitable, it represents a scaled competitor offering convenience and low fees to mass-affluent donors.
• T. Rowe Price Charitable Giving Account: T. Rowe Price Charitable Giving Account is a DAF sponsor affiliated with T. Rowe Price, an investment management firm. It is comparable to FJC in serving HNW donors seeking investment options within DAF accounts, particularly those interested in alternative investments.

Others

• CCF (Chicago Community Foundation) and Community Foundation Locals: Community foundations (Chicago Community Foundation, Silicon Valley Community Foundation, New York Community Trust) operate DAFs and grantmaking services for local philanthropists. They are adjacent peers that compete with FJC for HNW donors seeking community-rooted giving options, though typically with less focus on creative/complex assets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/fjc-a-foundation-of-philanthropic-funds

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FJC: A Foundation of Philanthropic Funds