LIFE & LEGACY’S INCREDIBLE THIRD YEAR IN THE PALM BEACHES
Local Jewish Organizations Secure $30 Million in Endowment-Building Initiative
Nationally, LIFE & LEGACY® Program Tops $1 Billion
Nearly 400 donors in the Palm Beaches have made personal commitments to provide future financial stability for Jewish Palm Beach. These commitments, totaling $30 million, are part of a collaborative endowment building effort that includes eight local Jewish organizations and congregations, Jewish Federation, Jewish Community Foundation and the Harold Grinspoon Foundation’s LIFE & LEGACY initiative.
The LIFE & LEGACY program has been active in the Palm Beaches for the past three years, and nationally for the past eight years. Altogether, more than 17,000 donors in 63 communities across North America have committed more than $1 billion in current and after-lifetime assets to Jewish organizations.
In challenging times like these, endowments provide organizations with the financial stability to meet evolving needs. Legacy commitments ensure that organizations providing impactful programs and services during both calm and turbulent times have the necessary resources to adapt.
—Cindy Schlossberg
“Temple Israel has always been part of our family’s past, present and future. We are committed to ensuring that future not only for us, but also for future generations. “
— Amy and Michael Jonas
—Joel Yudenfreund & Dr. Paula Newmark
I am grateful for my Chabad’s emphasis on the value of observance, and especially for the infusion spirit, of Jewish community. It gives me hope for the future of Judaism that communities like ours are coming together in thousands of other places around the world. It is a blessing I hope will reach well into the future, and the Chabad legacy project makes it easy to support that goal.—Alice and Leslie Dreier
“The cooperation and collaboration fostered by LIFE & LEGACY as local organizations work to a shared goal of endowment building is especially critical now,” said Arlene D. Schiff, national director, LIFE & LEGACY. “Even in the midst of so much disruption and uncertainty, we continue to empower many generous and committed individuals and families to give back to the Jewish organizations that have played and are playing an important role in their lives.”
The commitments made by legacy donors in the Palm Beaches are just the beginning of a community-wide effort to ensure a bright Jewish future. Click here to see a full list of LIFE & LEGACY participating organizations and the donors who are supporting them.
“Providing Jewish organizations with a strategy to help secure their long-term financial goals is absolutely vital, especially now in the middle of an economic crisis,” said Harold Grinspoon, founder of HGF. “Supporting our Jewish institutions is critical to ensuring future generations are able to enjoy our rich culture and heritage. I am thrilled that LIFE & LEGACY is motivating donors to make legacy commitments that will sustain vibrant Jewish communities for years to come.”
To learn how you can be part of securing the Jewish future of the Palm Beaches, call Elaine Aronoff at 561.242.6661 or click here. Click here to read more about planned giving options.
More about LIFE & LEGACY: LIFE & LEGACY is an initiative of the Harold Grinspoon Foundation (HGF) that assists communities across North America, through partnerships with Jewish Federations and Foundations, to promote after-lifetime giving to build endowments that will sustain valued organizations and vibrant Jewish communities for the next generation and beyond. Through training, support, and monetary incentives, LIFE & LEGACY motivates Jewish organizations to secure legacy gifts, steward donors, and integrate legacy giving into the philanthropic culture of the Jewish community.
More about Jewish Federation of Palm Beach County: Jewish Federation of Palm Beach County works to transform, inspire and save lives in the Palm Beaches, Israel and 70 countries around the world.
