Endowment and Planned Giving

To ensure the future—that is the goal of the Endowment and Planned Giving programs of the Amos and Celia Heilicher Minneapolis Jewish Day School.

With each passing year, the cost of providing quality Jewish and secular education escalates. To ensure financial stability, to ensure growth in program, to ensure excellence in teaching, to ensure state-of-the-art facilities and technology—these obligations are at the core of why the Endowment and Planned Giving program is so vital.

There are many different ways to make a long-term commitment to the Day School:

• Establish or contribute to an existing unrestricted Endowment Fund
• The school will have the ability to use the earnings from the fund for a variety of changing needs

• Establish a Designated Fund
• The donor selects a particular area of school program to support on an annual basis. This could be a particular academic area, scholar-in-residence program, capital improvements, technological enhancement, library acquisitions, etc.

• Donor Advised Fund
• The school will present to the donors for their approval a variety of options to choose from for support from the fund’s earning.

 

And there are a variety of vehicles to consider in your estate planning:

• Charitable Bequest
• This is the simplest form of planned giving.  You specify in your will precisely what you wish to leave the school.  This can be a dollar amount, a percentage of the total estate, or a specific asset.

• Charitable Gift Annuity
• You can provide yourself income now, and leave a meaningful gift to the school at the end of your life.  There are significant tax advantages in considering this option.

• Charitable Remainder Trusts
• This is a more complex vehicle that allows for income to a beneficiary for a prescribed period of time or until the death of the beneficiary, at which time the assets are wholly owned by the Day School.

• Charitable Lead Trust
• In this planned giving vehicle, a sum of money is given to the school from which the earnings are used by the school during the lifetime of the donor. At the moment of the donor’s death, the assets pass on the beneficiary or beneficiaries named by the donor.

You do not have to be wealthy to help.  You can begin with a small initial gift which can grow over time and ultimately provide important and needed funding for the school.

For more information, contact Dr. Ray Levi, Head of School.

All Endowment and Planned Giving Funds established for the benefit of the Amos and Celia Heilicher Minneapolis Jewish Day School are managed by the Jewish Community Foundation. The Foundation has legal and financial experts to help you craft the right fund to suit your circumstances and your desire to help the school.