Contemplating Your Legacy? Endowments Provide a Meaningful Way to Give Charity Forever.
What can we do to create a lasting legacy that endures in perpetuity?
What can we do to create a lasting legacy that endures in perpetuity?
Solly Hess, West Coast regional director of the National Conference of Synagogue Youth (NCSY), was looking for ways to get Jewish teenagers motivated about charitable giving last summer. With the help of Brandon Lurie, a YULA Boys student and NCSY regional board member, he came up with a project that would eventually make an impact on youth as well as the local Jewish community: the Teen Philanthropy Movement.
Jack Mandel, a leader in Jewish philanthropy in the United States and Israel, has died. Mandel died May 12; he was 99. He and his brothers, Morton and Joseph, started Premier Automotive Supply in a small storefront in Cleveland and built the business into one of the largest distributors of auto parts and electronic components in the United States.
Jay Feinberg, founder of the Gift of Life Bone Marrow Foundation, has been tapped as the Jewish Community Hero. The announcement was made Tuesday in New Orleans at the General Assembly of the Jewish Federations of North America, which sponsored the online competition.
As America’s 77 million baby boomers retire, they will place an unprecedented burden on the Jewish community’s infrastructure.
While many of America’s largest corporations have been struggling through the current economic downturn, one Southern California bank has managed to turn a profit, even as it also shared a portion of the wealth with its local community. That bank is Montecito Bank & Trust, whose chairman and sole owner is Michael Towbes.
The president of the Jewish Funders Network will step down at the end of 2010, according to a letter sent by the organization’s chairman to members.
The world of philanthropy got a huge financial boost today as more than 30 American billionaires pledged to give away at least half of their fortunes to charitable causes, signing up to a campaign launched by Warren Buffett and Bill Gates.