LIFE & LEGACY: Jewish organizations secure over $7m in legacy commitments
San Antonio Jewish organizations secure $7,204,602 in legacy commitments from 186 donors to date through LIFE & LEGACY® initiative.
In almost two years, 186 donors have made 281 legacy commitments to support the San Antonio Jewish community. These commitments are part of a collaborative endowment building effort that includes 11 Jewish organizations and congregations, the Jewish Federation of San Antonio, and the Harold Grinspoon Foundation’s LIFE & LEGACY initiative, the goal of which is to provide future financial stability.
In less than 8 years, LIFE & LEGACY has motivated more than 17,000 donors in 63 communities across North America, including San Antonio, to commit more than a billion dollars in current and after-lifetime assets to the Jewish organizations which shaped their lives. In challenging times like these, endowments provide organizations with the financial stability to meet evolving needs. Legacy commitments ensure that organizations that are providing impactful programs and services during both calm and turbulent times have the necessary resources to adapt.
“The cooperation and collaboration fostered by LIFE & LEGACY as local organizations work to a shared goal of endowment building is especially critical now,” said Arlene D. Schiff, National Director of LIFE & LEGACY. “Even in the midst of so much disruption and uncertainty, we continue to empower many generous and committed individuals and families to give back to the Jewish organizations that have played and are playing an important role in their lives.”
“This program has achieved many goals for Hebrew Free Loan Association San Antonio,” states Laura Zausmer Richardson, President of HFLA-SA. She continued by explaining, “LIFE & LEGACY promotes collaboration amongst partners, who actually root for each other’s successes while ultimately helping each of us, individually and together, assure the perpetuation of Jewish tomorrows within our community. Equally important, for the first time in 95-years, we’re able to establish an endowment fund, gained credibility among the partners, and strengthen relationships with supporters.”
The commitments made by San Antonio’s legacy donors are just the beginning of a community-wide effort to ensure a bright Jewish future. A full list of LIFE & LEGACY participating organizations and the donors who are supporting them can be found here.
“Providing Jewish organizations with a strategy to help secure their long-term financial goals is absolutely vital, especially now in the middle of an economic crisis,” said Harold Grinspoon, founder of the Harold Grinspoon Foundation. “Supporting our Jewish institutions is critical to ensuring future generations are able to enjoy our rich culture and heritage. I am thrilled that LIFE & LEGACY is motivating donors to make legacy commitments that will sustain vibrant Jewish communities for years to come.”
To learn how you can be part of securing San Antonio’s Jewish future contact Beth Keough, Director of Philanthropy, at 210.302.6813 or keoughb@jfsatx.org
LIFE & LEGACY is an initiative of the Harold Grinspoon Foundation (HGF) that assists communities across North America, through partnerships with Jewish Federations and Foundations, to promote after-lifetime giving to build endowments that will sustain valued organizations and vibrant Jewish communities for the next generation and beyond.
Through training, support, and monetary incentives, LIFE & LEGACY motivates Jewish organizations to secure legacy gifts, steward donors, and integrate legacy giving into the philanthropic culture of the Jewish community.
