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What’s an Endowment? 

07/08/2022 04:08:01 PM

Jul8

An endowment fund is an amount of money that generates interest income to be used for a specific purpose.

When you contribute to an endowment fund at TBE, you are participating in an opportunity to help grow an invested fund that builds our financial foundation by providing income to our operating budget. Many TBE members generously support our endowments, including the Larry Kohn Chair of Jewish Learning Fund and the Yerusha Fund. These giving opportunities honor our community while ensuring that your giving solidly supports our operating budget.

The total amount of an endowment is invested with Johnson Financial Group with oversight by our Trust Committee. Each year a percentage of each endowment is distributed to our operating budget. The growth of the endowment yields essential financial support for TBE in perpetuity.

April 27, 2024 19 Nisan 5784