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Life & Legacy

LIFE & LEGACY Project

 As of June 2022

We ended Year 3 of this program with a bang, thanks to the almost 20% of the congregation that has chosen to participate. 

What does this mean for Temple's long-term financial health? The following is the estimated financial information. Notice that approximately half of the legacy gifts are known quantities, and half are estimated with the 'placeholder' value of $25,001.

The bottom line is this: Three years ago, Temple had almost zero endowments, and now it exceeds $1.7 million. And someday, this amount will translate into about $90,000 annual interest income going into Temple operating fund. 

In addition, in every quarter, we have met the goals the Harold Grinspoon Foundation has set for us. We certainly have evidence that the Temple family supports this program and wants to help build endowment income to ensure the future financial stability of our congregation. And we are not finished yet! We would like to see our endowment reach $4-5 million. 

Your legacy gift is truly a gift that keeps on giving. If a family leaves even $1000 in their will as a bequest for Temple's LIFE & LEGACY fund, then a century from now, their $1000 will still be in the endowment fund, generating income for Temple.

Please get in touch with Bonnie if you or a friend wants to learn more.

Bonnie: (403) 245-0568, bonniejoykaplan@gmail.com

Thank you to everyone who has been working on LIFE & LEGACY (Ron Bing, Gertrude Cohos, Josh Orzech, Mark Paidra, Cheryl Shore, Cathy Basskin, Susan Light). And Yasher Coach to the families who have joined our Temple Legacy Circle. 

 

 
 
 
 
“Every individual is a pillar on which the future of Judaism rests."
- Rabbi Abraham Joshua Heschel
 
 
 
Temple B'nai Tikvah is one of 10 synagogues and agencies in the Calgary Jewish Community which have joined the Harold Grinspoon Foundation program to foster our future financial security.
 
Philanthropic advisors tell us that by 2030, we should be able to support 20 percent of our annual operating costs via endowments to avoid a financial crisis.
 
Many of you already have wills and/or life insurance policies, and some of you may have considered leaving an after-life gift to Temple using one of those two vehicles.
 
If you have not already submitted a Letter of Intent, we invite you to consider whether your family is ready to join our Temple Legacy Circle by making a commitment for an after-life gift.
 
Be remembered forever at Temple with a gift in your will, trust, retirement account, or life insurance policy.
 
Keep in mind that submitting this form does not mean you have already defined your after-life gift. It simply means that sometime in the next 12 months you will do so.
 
If you have questions, please contact Bonnie Kaplan at bonniejoykaplan@gmail.com
 
Helpful Resources
 
 

 

 

 

Wed, 20 November 2024 19 Cheshvan 5785