The Endowment Foundation Fund Procedures
1. Any Fund in the principal amount of at least $1,000. but less that $5,000. may be named by the contributor, and shall thereafter and in perpetuity be one of the Named Funds that make up the Beth Sholom B'nai Israel General Endowment Fund, and shall be identified as such ,in all reports of the Board of Trustees.
2. Any Fund in the principal amount of $5,000 or more may be named and the purpose designated as directed by the contributor, and shall thereafter and in perpetuity be a Named Fund and shall be identified as such in all reports of the Board of Trustees.
Contributions are tax deductible and may be given in the form of stocks, Israel Bonds, marketable securities, as well as cash. In addition, The Endowment Foundation can be named as the beneficiary of bequests or designated the owner and recipient of life insurance policies.
Procedures for Gifting Securities to The Endowment Foundation
Please contact Ted Zupnik at (860) 646-8358 with questions or to create an Endowment Fund.