Today, Jewish Communal Fund CEO Sue Dickman is in Israel where she presented a $100,000 grant to Olim BeYachad, a nonprofit that helps Ethiopian-Israelis gain employment and become self-sufficient. This gift from the JCF Special Gifts Fund will fund the participation of 40 Ethiopian-Israeli young adults in EELP (Employment, Empowerment, and Leadership program). This gift was…
(This blog post originally appeared in the Jewish Week). My grandfather, may his memory be for a blessing, used to receive hundreds of envelopes from charities. Every month, he would work through the stacks of solicitations and joyfully write out checks for $5, $10 or $18. Though he was a retired butcher and not a…
Americans over 65 are more likely to donate money or goods than any other age group, according to the new Merrill Lynch study, “Giving in Retirement: America’s Longevity Bonus.” On average, they give more than double what adults 25-34 give, according to the study, conducted with Age Wave, a research group. The report projects a…
The 2008 financial crisis raised serious questions regarding the health, security and viability of the money market mutual fund industry. The Securities and Exchange Commission has adopted (beginning in 2016) a series of reforms to rules governing money funds. Previous amendments (in 2010) focused largely on Rule 2(a)-7 parameters on the interest rate, credit and…
This month, Jewish Communal Fund is privileged to interview our Charity Champion Michael Meltzer, a portfolio manager at Tocqueville Asset Management who is very involved with charitable causes. A 2015 Five Star Wealth Manager, Michael supports a wide range of organizations, from UJA-Federation of New York to the Gift of Life Bone Marrow Foundation and…