Endowment Gifts... Ensuring the Future

 

For information about B’nai Jeshurun’s Endowment Campaign, please contact: Kim Cole, Development Director, at 216-831-6555 ext. 132 or [email protected]

join our campaign for the next 150 years

B’nai Jeshurun recently celebrated its 150th anniversary. We have set forth an ambitious goal of laying the foundation for a $14 million endowment. A strong endowment allows B’nai Jeshurun to achieve our greatest goals in the coming decades by creating a perpetual income source we can rely on for generations to come. Whether an outright gift today, a planned giving tool like a gift annuity, or a bequest upon one’s passing, endowment support of B’nai Jeshurun ensures a lasting legacy and an enduring impact.

As we move into the next 150 years, we want to ensure that our community gem, B’nai Jeshurun, remains strong, vital and adapts to the changing needs and challenges of our community.

OUR ENDOWMENT PRIORITIES:

Although unrestricted dollars allow us the greatest flexibility, we recognize that some donors prefer to focus their gift on areas which are nearest to their hearts. List of potential endowment opportunities and funding levels.

  • Unrestricted (Our highest priority– funds will be applied to the area of greatest need)
  • Youth education and programming (such as: religious education, early childhood programming, youth groups, Shabbaton)
  • Religious and congregational education (such as: religious materials, High Holy Day programming, celebration of holidays and festival)
  • Congregational programs and initiatives (such as chesed, Israel, social justice, libraries and technology, family programs, Kiddush and oneg)
  • Adult and congregational education (such as: scholar-in-residence, guest lectures, seminars)
FUNDING LEVELS:

A minimum of $5,000 is required to establish an unrestricted named endowment fund and a minimum of $10,000 to establish a restricted fund. Gifts of any size can be made to support B’nai Jeshurun’s endowment. 

How to Make an Endowment Gift:

A bequest through your will or naming the synagogue as a beneficiary of a life insurance policy or retirement plan may be used to establish an endowment. Gifts of cash, stock or other liquid assets can establish an endowment that immediately benefits the congregation. Endowments also can be established through various types of deferred or planned gifts.

Sample language for adding a codicil to your will:

“I give $______ (or ____percent of my estate, or ____percent of the residue of my estate) to B’nai Jeshurun Congregation, located at 27501 Fairmount Boulevard, Pepper Pike, Ohio 44124, or its successor or successors for its unrestricted use and purpose." 

Sample Letter of Intent for a bequest

Please consider including B’nai Jeshurun in your estate plans, and notify us if you have already done so. We encourage you to discuss your philanthropic plans with your family, financial advisor, and/or attorney. Our synagogue staff is available to work with you and your designated professional to fulfill your vision. Please contact Development Director Kim Cole to discuss creating your legacy gift to B’nai Jeshurun.

Legacy Society

B’nai Jeshurun Legacy Society members are dedicated to ensuring the future of our beloved synagogue for generations to come through support of the synagogue's endowment. This new Society will acknowledge and thank donors who have chosen to leave a legacy at B’nai Jeshurun through the creation of an endowed fund, including our synagogue in their estate plans, and/or donating at least $1,000 to our endowment.

List of Legacy Society Members.

Contact Development Director Kim Cole to learn about becoming a Legacy Society member, to notify us that you have already included the synagogue in your estate plans or to learn more about doing so.

DONOR SOCIETIES

Menorah Society - $500,000 to $999,999 in endowment donations and/or anticipated testamentary gifts
Shofar Society - $100,000 to $499,999 in endowment donations and/or anticipated testamentary gifts
Star of David Society - $1,000 to $99,999 in endowment donations and/or anticipated testamentary gifts

Visionary Society - Has notified the synagogue of a donation in their estate plans