The FJMC Foundation for Jewish Life raises and administers funds for the benefit of FJMC, supporting the advancement of its programs and initiatives in the Conservative/Masorti Movement worldwide.
To read the latest issue of the Foundation Newsletter, and learn about what it is doing (and how you can be involved in these efforts), click here.
The Federation of Jewish Men’s Clubs, Inc (FJMC) has been on the frontline of the development of innovative and creative programming which has addressed issues facing the modern Jewish community. The FJMC has produced significant materials and programs to confront changing Jewish demographics. The FJMC has done this on a very limited budget and by going “hand to mouth” to raise money to develop these programs.
In 2003, the FJMC created THE FJMC FOUNDATION FOR JEWISH LIFE, a 501 (c) (3) not for profit corporation. The purpose of the Foundation is to fund and stimulate programs which respond to the changes and to the opportunities facing the Jewish community. This Foundation thus enables the FJMC to continue its long history of providing creative programming. The Foundation is governed by a nine person Board of Directors. All funds are invested and only a portion of the income is used to support grants from the Foundation
The Foundation has already supported several worthwhile programs and activities, including the publication of Work and Worth (the latest book in the Hearing Men’s Voices Series); a grant program for Men’s Clubs that develop innovative programming; the Breira Program at Camp Ramah in the Berkshires for special needs children; and two new FJMC programs, the Yad Shel Chai program to encourage post-Bar Mitzvah boys to continue to read Torah, and the Shabbat Eco-Candle Program, which is part of the Shomrei Ha’aretz initiative to “Green” the Conservative Movement.
Over 75 donors have come together to help raise over $300,000 thus far. We seek your support to enable the Foundation to fund other programs and activities that address the needs and issues facing Jewry today. There are several ways that you can help!
As a Foundation Fellow you will be recognized for your leadership in the publications and publicity of both the FJMC and the Foundation. Most importantly you will be participating in making a difference for the current and future generations of the Jewish community. Anyone who contributes $1,000 or more (payable over two years) will be a Foundation Fellow; in addition there are four higher levels of Fellows:
ABRAHAM FELLOWS – Just as Abraham was the patriarch of the Jewish people, Abraham Fellows are the patriarchs of the Foundation. Abraham Fellows begins with a donation of $25,000 or more.
KING SOLOMON FELLOWS – As King Solomon was the builder of the Temple, King Solomon Fellows help build the Foundation. King Solomon Fellows is open to donors of $10,000 to $24,999.
JOSHUA FELLOWS – Joshua led the Jewish people into the Promised Land. Joshua Fellows help lead the Foundation’s development. Joshua Fellows is open to donors of $5,000 to $9,999.
HENANI FELLOWS – When God called to Abraham he answered “Henani – here I am.” This is your opportunity to answer Henani. Henani Fellows is open to donors of $2,500 to $4,999.
At each Fellows level you will receive special recognition. All donations are tax deductible as the FJMC Foundation for Jewish Life is a 501 (c) (3) not for profit corporation. Special named fund opportunities also exist.
To participate as a Foundation Fellow contact:
Members of the Legacy Society are donors who make an outright planned gift to the FJMC Foundation for Jewish life. The receipt of a signed letter of intent entitles the donor to the designation of “Legacy Society Member.” Legacy Society members will receive special recognition and will be invited to special events of the Foundation. There are many ways to participate and it is recommended that you discuss your participation with an estate planning professional. Some of the ways to participate include:
Bequests: After providing for your loved ones, a bequest specifies a gift in your will to the Foundation. Your gift may be a specific dollar amount; a percentage of a remaining amount; a residuary; or a particular asset such as a publicly traded security.
A Charitable Trust: A Charitable Trust is a gift arrangement defined by federal tax law that enables donors to provide income for themselves, a spouse, or others while making a generous gift to the Foundation. These are separately managed trusts of various types that can be designed to meet specific financial needs and investment objectives.
Retirement Plan Assets: Your retirement assets, such as 401(k) plans and IRAs, are among the most heavily taxed. In fact, at your death, your estate not only owes estate taxes, but income taxes for the tax deferred savings you were enjoying (potentially reducing your retirement plan value by up to 75%). Establishing The Foundation as beneficiary to your retirement plan assets enables you to reduce estate taxes and avoid income tax altogether.
For more information about the Legacy Society, click here or contact: