The strength of a people—The power of a community
Champaign-Urbana Jewish Endowment Foundation (CUJEF): A subsidiary of CUJF, the CU Endowment Foundation is dedicated to enhancing and preserving the quality of Jewish life in our community by establishing and maintaining a secure financial base for the wide range of programs and services designated by its individual funds. In order to secure long-term support for Jewish organizations and individuals in the Champaign-Urbana area, CUJEF was established to receive, hold, invest, and manage contributions and to utilize the earnings accordingly.
The Champaign-Urbana Jewish Endowment Foundation acts semi-independently to give all members of our community means to arrange for long-term support of Jewish programs through donations to an existing endowment or through the creation of a new endowment tailored to the wishes of the donor. The bulk of CUJEF investments are in a well diversified pool of low expense stock and bond index funds. Earnings are allocated monthly to each endowment in proportion to the total amount donated to the fund capital plus any unspent income of the fund. All funds are audited annually by an independent CPA firm.
For additional information about CUJEF and establishing an endowment or contributing to an existing endowment contact the CUJEF office at: 217-367-9872.