Associated Jewish Charities of Baltimore

The ajc operates an investment program for the Associated: jcfb, its agencies, supporting foundations, donor advised funds, and other tax exempt public organizations that is connected with the work of the Associated and its agencies. The investment program is managed by professional staff employed by the Associated and is overseen by an investment committee process involving over 60 volunteers with investment and business expertise. The assets invested in this program are critical to the success of the overall Jewish community with distributions therefrom mostly supporting the overall Baltimore and larger Jewish community tax exempt public organizations. The fees generated from this activity covers all related costs of operating this critical program.

Planned giving assets: the ajc manages the assets of the planned giving program of the Associated. These include charitable remainder trusts in which the ajc or the Associated have been designated corporate trustee, charitable gift annuities, pooled income funds and life insurance policies owned by the ajc and/or the Associated.

The ajc owns and manages the real estate property that the Associated and its agencies operate from. The ajc is responsible for all typical landlord costs of maintaining these properties and charges both security and rent to the tenants of these properties.