HOW TO BECOME A PHILANTHROPIST

December 4, 2017 by  
Filed under COMMUNITY NEWS and INFORMATION

LEARNING HOW TO BE A PHILANTHROPIST

THE MISSION OF THE TEEN FUNDERS PROGRAM:

The Teen Funders Program of the Jewish Community Foundation of Central New York provides financial support to organizations in both the Jewish and general communities of Central New Yok and Israel that directly impact children with special needs; children with limited opportunities; or children and their families by promoting self-sufficiency, self-empowerment, health and wellness.

The B’nai Mitzvah Fund Program is a charitable fund program that involves the upcoming generation in the joy of tzedakah with a fund that encourages charitable giving. It is designed to teach Jewish teens about the world of philanthropy and social action through hands-on involvement.  The benefits for our future generation are enormous. As a Bar/Bat Mitzvah, teens will have a chance to learn at an early age to be involved in the important work of our community.

HOW IT WORKS:

  1. At the time of a teen’s Bar/Bat Mitzvah, they contribute a minimum of $250 to a donor-advised fund in that teen’s name at the Jewish Community Foundation of CNY. This donor-advised fund is one in which the donor “advises” where the money can be distributed to their choice of charities, both Jewish and non-Jewish. Their financial contribution can be from gifts, prior savings, earnings or elsewhere.
  1. This contribution will be MATCHED with $250 from the Pomeranz, Shankman and Martin Charitable Foundation so the B’Nai Mitzvah Fund from each youth will total at least $500.
  1. This fund will be titled in THE TEEN’S NAME B’Nai Mitzvah Fund at the Jewish Community Foundation of CNY, and THE TEEN determines which charities will receive funds each year.

Distributions from the Fund may be advised over the next 5 years. 

An Annual Fund Statement will be made to each Fund Holder.

All B’Nai Mitzvah Fund Holders are REQUIRED TO ATTEND ONE SESSION called “Teen Philanthropy Through A Jewish Lens”.

FOR MORE INFORMATION, PLEASE CONTACT MICHAEL BALANOFF.

Phone:          315-445-2040 x130

Email:            mbalanoff@jewishfoundationcny.org

Website:        www.jewishfoundationcny.org