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Endowment Foundation

The TBE Endowment Foundation is a permanent separate nonprofit corporation created in 1959 for the sole purpose of providing financial support for Temple Beth El. This support allows the Temple to provide religious school scholarships to children in need, to maintain and improve the building and grounds, to offer varied programs and to cover a substantial portion of operating expenses, all of which helps keep dues reasonable. The Foundation Board of Directors consists of twelve Temple Beth El congregants and the Temple president. The membership consists of the Temple Beth El  Board of Directors.

Our congregation is a vibrant and healthy conservative Jewish community. As we are blessed with new members we find there is growth at both ends of our demographic spectrum. The increase in the number of seniors and young couples and families presents a shift that challenges us to find a stable revenue source to meet the needs of all members.  As not-for-profit organizations  across the country have concluded,  an endowment foundation is the best, in fact the only way, to meet those needs today and to insure they are met in the future. Thus, your gift to the Foundation becomes part of a lasting legacy, helping to insure that TBE will have the means to provide meaningful programs and services to future generations.

Historically, our Foundation has grown through accumulation of donations both large and small. As a result, it has been able to provide an annual contribution to TBE derived from recurrent earnings.  Consequently, a gift to the Endowment Foundation is a gift that keeps on giving.

Your gift to the Foundation can be accomplished in one of a number of ways:

  • AN OUTRIGHT GIFT OF CASH:
    A donation can be made to the general Endowment Fund, either to honor or memorialize a loved one, or as a nonspecific gift. Donors receive recognition in the monthly TBE bulletin. The contribution should be made payable to the Temple Beth El Endowment Foundation.
  • GIFT OF STOCK OR BOND(S):
    A donation can be made as in #1 above.
  • PURCHASE OF A CHARITABLE GIFT ANNUITY:
    By purchasing a charitable gift annuity, the donor(s) receives a lifetime income at a competitive rate of interest. After their lifetime(s), the gift annuity remains as a permanent asset of the Endowment Fund.
  • ESTABLISHMENT OF A PHILANTHROPIC FUND:
    For an initial contribution of at least $1000, one can establish a named philanthropic fund. This is an ideal way to perpetually memorialize a loved one, but such a fund does not have to be for this purpose. A list of the existing philanthropic funds is shown below. Donors contributing to these established funds, in any amount, receive recognition in the monthly TBE Bulletin.
  • ESTABLISHING TEMPLE BETH EL AS THE BENEFICIARY OF A LIFE INSURANCE POLICY.
  • NAMING THE FOUNDATION AS A BENEFICIARY IN A WILL OR TRUST
    As the generous efforts of generations past have strengthened our congregation, so will our efforts expand and guarantee the achievement of Temple Beth El’s charitable, educational and spiritual goals in both the present and the future.

Click here for a listing of Endowment Funds

To learn more please call the  Temple office and ask that a Foundation Board member contact you.

Endowment Officers:

Seth Katzman - President
Bruce Reich - Treasurer
Elizabeth Lischner - Secretary

 

Tue, March 19 2024 9 Adar II 5784