Endowment Funds

Endowment Funds: What is an Endowment Fund?

An endowment fund is a permanent fund that has earnings to benefit a charity. Revenue from a fund can be designated for a specific purpose providing a revenue stream to fund core programs, provide scholarships or support operations. An endowment fund is designed to function in perpetuity, making it possible to provide financial support over the long-term. Annual distributions are made based on a spending rate set by the Board of Directors.

THE HARRY & JEANETTE WEINBERG ENDOWMENT FUND

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This permanently restricted endowment fund, was established in 1997 when a generous challenge gift was offered by the Harry & Jeanette Weinberg Foundation. At year end 2009, the fund held $2,716,226 and provided $136,000 which was used solely for scholarships for J families in need.

Donations made to the Harry & Jeanette Weinberg Endowment Fund of $2,500 and above are recognized on a beautiful permanent display at the JCC. Gifts of any size are welcome and invested immediately. 

CREATING A NAMED ENDOWMENT FUND FOR THE BENEFIT OF THE TUCSON J

Named endowments can be created as long as they fit within the mission and values of the Tucson Jewish Community Center and are not too restrictive in nature. A named endowment fund can be created with a gift at a minimum of $25,000. 

NAMED ENDOWMENT FUNDS AT THE J INCLUDE:
  • The Joseph and Pauline Adams Endowment Fund (Scholarships)
  • Paul Ash Family Maccabi Youth Endowment Fund (JCC Association Maccabi Games)
  • Elizabeth & Benjamin Brook Endowment Fund (Early Childhood Education Scholarships)
  • Marian Cerf Endowment Fund (Holocaust Education)
  • Deanne Diamond Campership Fund (Camp Scholarships)
  • Lorraine Linder Endowment Fund (Senior Grocery Shopping)
  • The George & Roslyn Girard Miller Endowment Fund (Camp Scholarships)
  • The Harry & Jeanette Weinberg Endowment Fund (Scholarships)
  • Erin Schoenberg Memorial Endowment Fund (Early Childhood Education Scholarships)
  • Shanhouse Endowment Fund (Unrestricted)
  • Beth Stern Memorial Endowment Fund (Employee Excellence Awards)

To make a gift to any of these funds please contact Director of Philanthropy: Caitlin Dixon 520.299.3000 x176 cdixon@tucsonjcc.org