Your Legacy Keeps Our Community Going Strong Each year 80,000 families, children, and seniors receive help through JFCS in the Bay Area.
JFCS BOARD OF DIRECTORS PRESIDENT James Shapiro VICE PRESIDENTS Tammy Crown David Dossetter Scott C. Kay Kerri Lehmann
45,000
delicious and nutritious meals
are delivered to homebound seniors and people with severe illnesses and disabilities.
17,000
seniors live happier and more vital lives through the care JFCS’ nationally recognized Seniors At Home provides.
1,500
children, teens, and adults with disabilities
TREASURER Douglas A. Winthrop VICE TREASURER Luba Troyanovsky SECRETARY Zoe Schwartz
DIRECTORS Joseph Alouf Lisa Bardin Robert Blum Marci Dollinger Steven Feinberg Carl Grunfeld Deborah Hoffman Alex Ingersoll Michael Janis David Kiachko David Kremer Jan Maisel, MD
FA L L 2 0 1 7
Mark Menell Michael Rolnick John F. Sampson Lela Sarnat, PhD Richard Segal Robert Tandler Marina Tikhman Alex Varum
THE JFCS ENDOWMENT FUND UPDATE
Dear Friends, JFCS is near and dear to my heart. This organization has been meeting the needs of the most vulnerable in our community – children, families, and the aged – for 167 years. This past year alone, 80,000 individuals and families were served and none were turned away because they could not afford to pay.
EXECUTIVE DIRECTOR Dr. Anita Friedman
Through my many years of involvement at JFCS, I have come to understand the value of endowment. The JFCS Endowment Fund provides the safety net for those in our community during economic recessions and government cutbacks when people need a place to turn for assistance. Even when the world seems to be going well for many in our community, it only takes one small setback for someone to urgently need help.
reach their full potential, living as independently as possible, through JFCS’ expert programs.
JOHN AND BARBARA OSTERWEIS
ENDOWMENT COMMITTEE
584
teens participate in Jewish educational programs, earn paid internships, and receive loans and grants to go to college or study in Israel.
families receive emergency assistance to help them weather a personal or family crisis and get back on their feet.
140
women and children who are victims of domestic violence, trafficking, and homelessness receive help to start new lives.
Your generosity will ensure that our children and our community will always get the help they need. THANK YOU!
Alex Ingersoll Siesel Maibach Daryl Messinger Raquel Newman Cindy Gilman Redburn Joyce Rifkind Alison Ross John F. Sampson Lela Sarnat Harvey Schloss
Stephen Schwartz Zoe Schwartz Richard Segal Vera Stein Bonnie Tenenbaum Marina Tikhman Luba Troyanovsky Susan Kolb, Chair Jim Shapiro, President JFCS ENDOWMENT FUND Barbara Farber, Director
2150 Post Street • P.O. Box 159004 • San Francisco, CA 94115 • 415-449-1200 www.jfcs.org
JFCS is here to ensure that people can get back on their feet and be self-sufficient. I have established a Named Fund to help those in need and hope that you will, too. I also encourage you to recommend our expert services to your friends.
John and Barbara Osterweis:
If you have already created an endowment with JFCS, thank you! If you would like to do more or establish a bequest, named endowed fund, donor advised fund, charitable gift annuity, or other giving vehicle, we have expert staff available to consult with you.
Growing up on Long Island in the 1950s, John Osterweis had an idyllic suburban childhood, one spent running around with the neighborhood kids just as long as he was home in time for dinner. Not everyone he met had such a carefree life, however. He saw firsthand what it was like for someone to lose everything and start over from scratch. “I met many German-Jewish refugees escaping the war, ‘men with accents.’ They came here with nothing and had to make something,” says the distinguished financial Continued inside manager and father of two.
Please improve the lives of those in our community today and for future generations through your endowment gift.
Expertise in the Service of Good
”
2,500
Lee Battat Carole Breen Harry Cohn Paul Crane Dorfman Marci Dollinger Nancy Epstein Lynn Ganz Nancy Goldberg Deborah Hoffman Judy Huret
Providing a Safety Net
My grandmother said if you don’t care for your own, who will?
”
Warm regards,
Susan Kolb Past President and Endowment Chair P.S. For more information please contact Barbara Farber at 415-449-3858 or BarbaraF@jfcs.org.
Pi and Cathy Silverstein:
Planting Seeds for the Next Generation Giving back has always come naturally for Cathy and Pi Silverstein. By day Pi worked for the City of San Jose and Cathy was a school teacher, but in their off hours the two built quite a reputation as fundraisers in their local South Bay community. Whether they are volunteering for a good cause or raising money, helping others is an important part of what Pi and Cathy do together as a couple. Pi grew up with parents and grandparents who attended Congregation Sherith Israel and passed on their strong Jewish values. An amateur photographer, Pi offers free family photography services for the fundraising auction at their local synagogue every year. He and Cathy also like to volunteer at a shelter on Christmas so the regular staff can have the day off to be with family. Cathy has always felt it is a moral obligation to do good deeds, and finds herself asking the question, “Is there any reason why we shouldn’t help?” “Most of us don’t
think about what we can do after we die though,” observes Pi. Eventually the two started thinking about how they also can continue to contribute even when they are gone. “Many people plant trees in Israel,” he considers, “but how can we take care of people after we die?” His question is both sound and poignant. Giving to the JFCS Endowment Fund became the ideal answer to how Pi and Cathy will continue to help others after they are no longer here to do so in person. The two set up their Named Fund in 2006, following the lead of Pi’s father, Mervyn, who started a fund in 1992 in loving memory of his wife, Ruth. They also chose JFCS because they value the combination of expertise and kindness the agency utilizes to take care of so many people in our community. “The great thing is that people can go back and help others,” adds Cathy. Just as a tree sheds its own seed for a new one to grow, the future of our community depends on our Endowment Fund.
Permanently Invest in Your Community
Expertise in the Service of Good Continued from the cover It was this early experience, combined with something his grandmother once said that led him to become engaged with philanthropic activities within the Jewish community several decades ago. “My grandmother said if you don’t care for your own, who will?” he recalls. John would eventually be honored by his community for his service on the board of Mt. Zion Hospital, his work with Hebrew Free Loan, and his exceptional business leadership. A highly regarded investment advisor, he managed several funds for Jewish Family and Children’s Services and many other institutions. More recently, he set up his own Named Fund with JFCS in 2010 with his wife, Barbara.
Engaged in a welcoming community Before he was in a position to give back he had to establish his career. With a degree in philosophy from Bowdoin College, he moved west to attend business school at Stanford. John didn’t want to pursue academia, and ultimately wanted to go into finance. It was through this career path that he came to his role as a philanthropist. John found the local Bay Area community welcoming – especially once he got involved with Mt. Zion. At the time Rhoda Goldman was in charge, and he enjoyed working with the wonderful chair of Mt. Zion’s board very much.
There are many ways to participate in JFCS’ Family Matters Endowment Campaign:
Putting expertise to good use John was able to learn from the best in business too. His first job was with J. Barth, a firm helmed by Mickey Hellman – father to famed Bay Area financial investor Warren Hellman. John worked directly under Claude Rosenberg, the head of research, who provided him solid mentorship. Another influence was Roy Neuberger of the investment firm Neuberger Berman, who showed him the ins and outs of trading stocks. Eventually he built his own thriving firm, Osterweis Capital Management, which he continues to oversee today. The lessons in his childhood taught him that success in business was not an end in itself. He studies the Torah and finds meaning in combining his business expertise with his desire to help his community. “Over the many years that John has been associated with JFCS, his financial expertise has always been outstanding. His help to JFCS has in turn made it possible for us to help the Bay Area’s families, children, and elderly,” comments JFCS Executive Director Dr. Anita Friedman. It also gave him the opportunity to become better acquainted with what JFCS does. “I appreciate that JFCS offers a breadth of services to support people, no matter the problem. Things can pile up for an individual or family and really send them into a tail spin,” he says.
FAMILIES RECEIVE THE BEST CARE POSSIBLE, THANKS TO THE OSTERWEIS’ NAMED FUND. Barbara put her talents to good use as well. An artist who makes beautiful mixed media pieces and elegant figure drawings, she served on the board of the Contemporary Jewish Museum for a number of years.
A Talmudic story tells of a traveler who once saw an old man planting a carob tree. He asked him when he thought the tree would bear fruit. “After seventy years” was the reply. “Dost thou expect to live seventy years and eat the fruit of thy labor?” “I did not find the world desolate when I entered it,” said the old man, “and as my ancestors planted for me before I was born, so do I plant for those who will come after me.”
Strong personal values It wasn’t John’s business acumen that attracted his wife of more than 20 years to him, though. She asked a friend to keep an eye out for a man who had strong values. Her friend chatted him up at a party and asked a series of questions to test him. She must have decided he passed muster because she arranged for the two to meet. They have been together ever since and have cared for each other’s children. Their Named Endowment Fund is a legacy that quietly speaks to the importance of being there for those in our community who face hard times and need help starting a new life.
The Carob Tree Match Is Back! Through December 31, 2017, you qualify for a $3,600 matching gift by committing $10,000 – paid either upfront or over a four-year period – to a new or existing Named Fund. Those who are already members of our Carob Tree Society can receive another match by making another commitment, as many donors have already chosen to do.
Endowed Programs or Chairs. This is
Donor Advised Funds. With a
an opportunity to endow a chair or major JFCS program that is meaningful to you while benefitting our community today and in the future. The income generated by your Named Fund is distributed annually to secure JFCS’ ability to serve our community.
contribution of $10,000 you can create your private “mini-foundation,” which you can add to as you wish. In addition to receiving a tax deduction, you can make recommendations for grants to JFCS and other favorite charitable organizations at any time.
Carob Tree Named Fund Society.
Charitable Gift Annuities, established
Honor a loved one or commemorate a special occasion by supporting JFCS or one of its programs in perpetuity. For $10,000 (which can be paid over a four-year period) you join our Carob Tree Society and earn a $3,600 match).
through a simple contract and a gift of $10,000 or more, entitles you to tax deductions and quarterly income payments for the rest of your life, with any remainder eventually passing to JFCS.
IRA Charitable Rollovers. If you are Bequests. A bequest to JFCS through your will or trust allows you to maintain total control of your assets during your lifetime and yet give back to our community in the future.
70 ½ or older, you can make the required annual minimum distribution (up to $100,000 per individual) from your traditional IRA directly to JFCS—and it’s tax-free!
Call us today to ask questions and learn about your options. Contact Barbara Farber, Director of the JFCS Endowment Fund, at 415-449-3858 or BarbaraF@jfcs. org.
Your Legacy Keeps Our Community Going Strong Each year 80,000 families, children, and seniors receive help through JFCS in the Bay Area.
JFCS BOARD OF DIRECTORS PRESIDENT James Shapiro VICE PRESIDENTS Tammy Crown David Dossetter Scott C. Kay Kerri Lehmann
45,000
delicious and nutritious meals
are delivered to homebound seniors and people with severe illnesses and disabilities.
7,000
seniors live happier and more vital lives through the care JFCS’ nationally recognized Seniors At Home provides.
1,500
children, teens, and adults with disabilities
TREASURER Douglas A. Winthrop VICE TREASURER Luba Troyanovsky SECRETARY Zoe Schwartz
DIRECTORS Joseph Alouf Lisa Bardin Robert Blum Marci Dollinger Steven Feinberg Carl Grunfeld Deborah Hoffman Alex Ingersoll Michael Janis David Kiachko David Kremer Jan Maisel, MD
FA L L 2 0 1 7
Mark Menell Michael Rolnick John F. Sampson Lela Sarnat, PhD Richard Segal Robert Tandler Marina Tikhman Alex Varum
THE JFCS ENDOWMENT FUND UPDATE
Dear Friends, JFCS is near and dear to my heart. This organization has been meeting the needs of the most vulnerable in our community – children, families, and the aged – for 167 years. This past year alone, 80,000 individuals and families were served and none were turned away because they could not afford to pay.
EXECUTIVE DIRECTOR Dr. Anita Friedman
Through my many years of involvement at JFCS, I have come to understand the value of endowment. The JFCS Endowment Fund provides the safety net for those in our community during economic recessions and government cutbacks when people need a place to turn for assistance. Even when the world seems to be going well for many in our community, it only takes one small setback for someone to urgently need help.
reach their full potential, living as independently as possible, through JFCS’ expert programs.
JOHN AND BARBARA OSTERWEIS
ENDOWMENT COMMITTEE
584
teens participate in Jewish educational programs, earn paid internships, and receive loans and grants to go to college or study in Israel.
families receive emergency assistance to help them weather a personal or family crisis and get back on their feet.
140
women and children who are victims of domestic violence, trafficking, and homelessness receive help to start new lives.
Your generosity will ensure that our children and our community will always get the help they need. THANK YOU!
Alex Ingersoll Siesel Maibach Daryl Messinger Raquel Newman Cindy Gilman Redburn Joyce Rifkind Alison Ross John F. Sampson Lela Sarnat Harvey Schloss
Stephen Schwartz Zoe Schwartz Richard Segal Vera Stein Bonnie Tenenbaum Marina Tikhman Luba Troyanovsky Susan Kolb, Chair Jim Shapiro, President JFCS ENDOWMENT FUND Barbara Farber, Director
2150 Post Street • P.O. Box 159004 • San Francisco, CA 94115 • 415-449-1200 www.jfcs.org
JFCS is here to ensure that people can get back on their feet and be self-sufficient. I have established a Named Fund to help those in need and hope that you will, too. I also encourage you to recommend our expert services to your friends.
John and Barbara Osterweis:
If you have already created an endowment with JFCS, thank you! If you would like to do more or establish a bequest, named endowed fund, donor advised fund, charitable gift annuity, or other giving vehicle, we have expert staff available to consult with you.
Growing up on Long Island in the 1950s, John Osterweis had an idyllic suburban childhood, one spent running around with the neighborhood kids just as long as he was home in time for dinner. Not everyone he met had such a carefree life, however. He saw firsthand what it was like for someone to lose everything and start over from scratch. “I met many German-Jewish refugees escaping the war, ‘men with accents.’ They came here with nothing and had to make something,” says the distinguished financial Continued inside manager and father of two.
Please improve the lives of those in our community today and for future generations through your endowment gift.
Expertise in the Service of Good
”
2,500
Lee Battat Carole Breen Harry Cohn Paul Crane Dorfman Marci Dollinger Nancy Epstein Lynn Ganz Nancy Goldberg Deborah Hoffman Judy Huret
Providing a Safety Net
My grandmother said if you don’t care for your own, who will?
”
Warm regards,
Susan Kolb Past President and Endowment Chair P.S. For more information please contact Barbara Farber at 415-449-3858 or BarbaraF@jfcs.org.
Pi and Cathy Silverstein:
Planting Seeds for the Next Generation Giving back has always come naturally for Cathy and Pi Silverstein. By day Pi worked for the City of San Jose and Cathy was a school teacher, but in their off hours the two built quite a reputation as fundraisers in their local South Bay community. Whether they are volunteering for a good cause or raising money, helping others is an important part of what Pi and Cathy do together as a couple. Pi grew up with parents and grandparents who attended Congregation Sherith Israel and passed on their strong Jewish values. An amateur photographer, Pi offers free family photography services for the fundraising auction at their local synagogue every year. He and Cathy also like to volunteer at a shelter on Christmas so the regular staff can have the day off to be with family. Cathy has always felt it is a moral obligation to do good deeds, and finds herself asking the question, “Is there any reason why we shouldn’t help?” “Most of us don’t
think about what we can do after we die though,” observes Pi. Eventually the two started thinking about how they also can continue to contribute even when they are gone. “Many people plant trees in Israel,” he considers, “but how can we take care of people after we die?” His question is both sound and poignant. Giving to the JFCS Endowment Fund became the ideal answer to how Pi and Cathy will continue to help others after they are no longer here to do so in person. The two set up their Named Fund in 2006, following the lead of Pi’s father, Mervyn, who started a fund in 1992 in loving memory of his wife, Ruth. They also chose JFCS because they value the combination of expertise and kindness the agency utilizes to take care of so many people in our community. “The great thing is that people can go back and help others,” adds Cathy. Just as a tree sheds its own seed for a new one to grow, the future of our community depends on our Endowment Fund.
Permanently Invest in Your Community
Expertise in the Service of Good Continued from the cover It was this early experience, combined with something his grandmother once said that led him to become engaged with philanthropic activities within the Jewish community several decades ago. “My grandmother said if you don’t care for your own, who will?” he recalls. John would eventually be honored by his community for his service on the board of Mt. Zion Hospital, his work with Hebrew Free Loan, and his exceptional business leadership. A highly regarded investment advisor, he managed several funds for Jewish Family and Children’s Services and many other institutions. More recently, he set up his own Named Fund with JFCS in 2010 with his wife, Barbara.
Engaged in a welcoming community Before he was in a position to give back he had to establish his career. With a degree in philosophy from Bowdoin College, he moved west to attend business school at Stanford. John didn’t want to pursue academia, and ultimately wanted to go into finance. It was through this career path that he came to his role as a philanthropist. John found the local Bay Area community welcoming – especially once he got involved with Mt. Zion. At the time Rhoda Goldman was in charge, and he enjoyed working with the wonderful chair of Mt. Zion’s board very much.
There are many ways to participate in JFCS’ Family Matters Endowment Campaign:
Putting expertise to good use John was able to learn from the best in business too. His first job was with J. Barth, a firm helmed by Mickey Hellman – father to famed Bay Area financial investor Warren Hellman. John worked directly under Claude Rosenberg, the head of research, who provided him solid mentorship. Another influence was Roy Neuberger of the investment firm Neuberger Berman, who showed him the ins and outs of trading stocks. Eventually he built his own thriving firm, Osterweis Capital Management, which he continues to oversee today. The lessons in his childhood taught him that success in business was not an end in itself. He studies the Torah and finds meaning in combining his business expertise with his desire to help his community. “Over the many years that John has been associated with JFCS, his financial expertise has always been outstanding. His help to JFCS has in turn made it possible for us to help the Bay Area’s families, children, and elderly,” comments JFCS Executive Director Dr. Anita Friedman. It also gave him the opportunity to become better acquainted with what JFCS does. “I appreciate that JFCS offers a breadth of services to support people, no matter the problem. Things can pile up for an individual or family and really send them into a tail spin,” he says.
FAMILIES RECEIVE THE BEST CARE POSSIBLE, THANKS TO THE OSTERWEIS’ NAMED FUND. Barbara put her talents to good use as well. An artist who makes beautiful mixed media pieces and elegant figure drawings, she served on the board of the Contemporary Jewish Museum for a number of years.
A Talmudic story tells of a traveler who once saw an old man planting a carob tree. He asked him when he thought the tree would bear fruit. “After seventy years” was the reply. “Dost thou expect to live seventy years and eat the fruit of thy labor?” “I did not find the world desolate when I entered it,” said the old man, “and as my ancestors planted for me before I was born, so do I plant for those who will come after me.”
Strong personal values It wasn’t John’s business acumen that attracted his wife of more than 20 years to him, though. She asked a friend to keep an eye out for a man who had strong values. Her friend chatted him up at a party and asked a series of questions to test him. She must have decided he passed muster because she arranged for the two to meet. They have been together ever since and have cared for each other’s children. Their Named Endowment Fund is a legacy that quietly speaks to the importance of being there for those in our community who face hard times and need help starting a new life.
The Carob Tree Match Is Back! Through December 31, 2017, you qualify for a $3,600 matching gift by committing $10,000 – paid either upfront or over a four-year period – to a new or existing Named Fund. Those who are already members of our Carob Tree Society can receive another match by making another commitment, as many donors have already chosen to do.
Endowed Programs or Chairs. This is
Donor Advised Funds. With a
an opportunity to endow a chair or major JFCS program that is meaningful to you while benefitting our community today and in the future. The income generated by your Named Fund is distributed annually to secure JFCS’ ability to serve our community.
contribution of $10,000 you can create your private “mini-foundation,” which you can add to as you wish. In addition to receiving a tax deduction, you can make recommendations for grants to JFCS and other favorite charitable organizations at any time.
Carob Tree Named Fund Society.
Charitable Gift Annuities, established
Honor a loved one or commemorate a special occasion by supporting JFCS or one of its programs in perpetuity. For $10,000 (which can be paid over a four-year period) you join our Carob Tree Society and earn a $3,600 match).
through a simple contract and a gift of $10,000 or more, entitles you to tax deductions and quarterly income payments for the rest of your life, with any remainder eventually passing to JFCS.
IRA Charitable Rollovers. If you are Bequests. A bequest to JFCS through your will or trust allows you to maintain total control of your assets during your lifetime and yet give back to our community in the future.
70 ½ or older, you can make the required annual minimum distribution (up to $100,000 per individual) from your traditional IRA directly to JFCS—and it’s tax-free!
Call us today to ask questions and learn about your options. Contact Barbara Farber, Director of the JFCS Endowment Fund, at 415-449-3858 or BarbaraF@jfcs. org.
Pi and Cathy Silverstein:
Planting Seeds for the Next Generation Giving back has always come naturally for Cathy and Pi Silverstein. By day Pi worked for the City of San Jose and Cathy was a school teacher, but in their off hours the two built quite a reputation as fundraisers in their local South Bay community. Whether they are volunteering for a good cause or raising money, helping others is an important part of what Pi and Cathy do together as a couple. Pi grew up with parents and grandparents who attended Congregation Sherith Israel and passed on their strong Jewish values. An amateur photographer, Pi offers free family photography services for the fundraising auction at their local synagogue every year. He and Cathy also like to volunteer at a shelter on Christmas so the regular staff can have the day off to be with family. Cathy has always felt it is a moral obligation to do good deeds, and finds herself asking the question, “Is there any reason why we shouldn’t help?” “Most of us don’t
think about what we can do after we die though,” observes Pi. Eventually the two started thinking about how they also can continue to contribute even when they are gone. “Many people plant trees in Israel,” he considers, “but how can we take care of people after we die?” His question is both sound and poignant. Giving to the JFCS Endowment Fund became the ideal answer to how Pi and Cathy will continue to help others after they are no longer here to do so in person. The two set up their Named Fund in 2006, following the lead of Pi’s father, Mervyn, who started a fund in 1992 in loving memory of his wife, Ruth. They also chose JFCS because they value the combination of expertise and kindness the agency utilizes to take care of so many people in our community. “The great thing is that people can go back and help others,” adds Cathy. Just as a tree sheds its own seed for a new one to grow, the future of our community depends on our Endowment Fund.
Permanently Invest in Your Community
Expertise in the Service of Good Continued from the cover It was this early experience, combined with something his grandmother once said that led him to become engaged with philanthropic activities within the Jewish community several decades ago. “My grandmother said if you don’t care for your own, who will?” he recalls. John would eventually be honored by his community for his service on the board of Mt. Zion Hospital, his work with Hebrew Free Loan, and his exceptional business leadership. A highly regarded investment advisor, he managed several funds for Jewish Family and Children’s Services and many other institutions. More recently, he set up his own Named Fund with JFCS in 2010 with his wife, Barbara.
Engaged in a welcoming community Before he was in a position to give back he had to establish his career. With a degree in philosophy from Bowdoin College, he moved west to attend business school at Stanford. John didn’t want to pursue academia, and ultimately wanted to go into finance. It was through this career path that he came to his role as a philanthropist. John found the local Bay Area community welcoming – especially once he got involved with Mt. Zion. At the time Rhoda Goldman was in charge, and he enjoyed working with the wonderful chair of Mt. Zion’s board very much.
There are many ways to participate in JFCS’ Family Matters Endowment Campaign:
Putting expertise to good use John was able to learn from the best in business too. His first job was with J. Barth, a firm helmed by Mickey Hellman – father to famed Bay Area financial investor Warren Hellman. John worked directly under Claude Rosenberg, the head of research, who provided him solid mentorship. Another influence was Roy Neuberger of the investment firm Neuberger Berman, who showed him the ins and outs of trading stocks. Eventually he built his own thriving firm, Osterweis Capital Management, which he continues to oversee today. The lessons in his childhood taught him that success in business was not an end in itself. He studies the Torah and finds meaning in combining his business expertise with his desire to help his community. “Over the many years that John has been associated with JFCS, his financial expertise has always been outstanding. His help to JFCS has in turn made it possible for us to help the Bay Area’s families, children, and elderly,” comments JFCS Executive Director Dr. Anita Friedman. It also gave him the opportunity to become better acquainted with what JFCS does. “I appreciate that JFCS offers a breadth of services to support people, no matter the problem. Things can pile up for an individual or family and really send them into a tail spin,” he says.
FAMILIES RECEIVE THE BEST CARE POSSIBLE, THANKS TO THE OSTERWEIS’ NAMED FUND. Barbara put her talents to good use as well. An artist who makes beautiful mixed media pieces and elegant figure drawings, she served on the board of the Contemporary Jewish Museum for a number of years.
A Talmudic story tells of a traveler who once saw an old man planting a carob tree. He asked him when he thought the tree would bear fruit. “After seventy years” was the reply. “Dost thou expect to live seventy years and eat the fruit of thy labor?” “I did not find the world desolate when I entered it,” said the old man, “and as my ancestors planted for me before I was born, so do I plant for those who will come after me.”
Strong personal values It wasn’t John’s business acumen that attracted his wife of more than 20 years to him, though. She asked a friend to keep an eye out for a man who had strong values. Her friend chatted him up at a party and asked a series of questions to test him. She must have decided he passed muster because she arranged for the two to meet. They have been together ever since and have cared for each other’s children. Their Named Endowment Fund is a legacy that quietly speaks to the importance of being there for those in our community who face hard times and need help starting a new life.
The Carob Tree Match Is Back! Through December 31, 2017, you qualify for a $3,600 matching gift by committing $10,000 – paid either upfront or over a four-year period – to a new or existing Named Fund. Those who are already members of our Carob Tree Society can receive another match by making another commitment, as many donors have already chosen to do.
Endowed Programs or Chairs. This is
Donor Advised Funds. With a
an opportunity to endow a chair or major JFCS program that is meaningful to you while benefitting our community today and in the future. The income generated by your Named Fund is distributed annually to secure JFCS’ ability to serve our community.
contribution of $10,000 you can create your private “mini-foundation,” which you can add to as you wish. In addition to receiving a tax deduction, you can make recommendations for grants to JFCS and other favorite charitable organizations at any time.
Carob Tree Named Fund Society.
Charitable Gift Annuities, established
Honor a loved one or commemorate a special occasion by supporting JFCS or one of its programs in perpetuity. For $10,000 (which can be paid over a four-year period) you join our Carob Tree Society and earn a $3,600 match).
through a simple contract and a gift of $10,000 or more, entitles you to tax deductions and quarterly income payments for the rest of your life, with any remainder eventually passing to JFCS.
IRA Charitable Rollovers. If you are Bequests. A bequest to JFCS through your will or trust allows you to maintain total control of your assets during your lifetime and yet give back to our community in the future.
70 ½ or older, you can make the required annual minimum distribution (up to $100,000 per individual) from your traditional IRA directly to JFCS—and it’s tax-free!
Call us today to ask questions and learn about your options. Contact Barbara Farber, Director of the JFCS Endowment Fund, at 415-449-3858 or BarbaraF@jfcs. org.
Your Legacy Keeps Our Community Going Strong Each year 80,000 families, children, and seniors receive help through JFCS in the Bay Area.
JFCS BOARD OF DIRECTORS PRESIDENT James Shapiro VICE PRESIDENTS Tammy Crown David Dossetter Scott C. Kay Kerri Lehmann
45,000
delicious and nutritious meals
are delivered to homebound seniors and people with severe illnesses and disabilities.
17,000
seniors live happier and more vital lives through the care JFCS’ nationally recognized Seniors At Home provides.
1,500
children, teens, and adults with disabilities
TREASURER Douglas A. Winthrop VICE TREASURER Luba Troyanovsky SECRETARY Zoe Schwartz
DIRECTORS Joseph Alouf Lisa Bardin Robert Blum Marci Dollinger Steven Feinberg Carl Grunfeld Deborah Hoffman Alex Ingersoll Michael Janis David Kiachko David Kremer Jan Maisel, MD
FA L L 2 0 1 7
Mark Menell Michael Rolnick John F. Sampson Lela Sarnat, PhD Richard Segal Robert Tandler Marina Tikhman Alex Varum
THE JFCS ENDOWMENT FUND UPDATE
Dear Friends, JFCS is near and dear to my heart. This organization has been meeting the needs of the most vulnerable in our community – children, families, and the aged – for 167 years. This past year alone, 80,000 individuals and families were served and none were turned away because they could not afford to pay.
EXECUTIVE DIRECTOR Dr. Anita Friedman
Through my many years of involvement at JFCS, I have come to understand the value of endowment. The JFCS Endowment Fund provides the safety net for those in our community during economic recessions and government cutbacks when people need a place to turn for assistance. Even when the world seems to be going well for many in our community, it only takes one small setback for someone to urgently need help.
reach their full potential, living as independently as possible, through JFCS’ expert programs.
JOHN AND BARBARA OSTERWEIS
ENDOWMENT COMMITTEE
584
teens participate in Jewish educational programs, earn paid internships, and receive loans and grants to go to college or study in Israel.
families receive emergency assistance to help them weather a personal or family crisis and get back on their feet.
140
women and children who are victims of domestic violence, trafficking, and homelessness receive help to start new lives.
Your generosity will ensure that our children and our community will always get the help they need. THANK YOU!
Alex Ingersoll Siesel Maibach Daryl Messinger Raquel Newman Cindy Gilman Redburn Joyce Rifkind Alison Ross John F. Sampson Lela Sarnat Harvey Schloss
Stephen Schwartz Zoe Schwartz Richard Segal Vera Stein Bonnie Tenenbaum Marina Tikhman Luba Troyanovsky Susan Kolb, Chair Jim Shapiro, President JFCS ENDOWMENT FUND Barbara Farber, Director
2150 Post Street • P.O. Box 159004 • San Francisco, CA 94115 • 415-449-1200 www.jfcs.org
JFCS is here to ensure that people can get back on their feet and be self-sufficient. I have established a Named Fund to help those in need and hope that you will, too. I also encourage you to recommend our expert services to your friends.
John and Barbara Osterweis:
If you have already created an endowment with JFCS, thank you! If you would like to do more or establish a bequest, named endowed fund, donor advised fund, charitable gift annuity, or other giving vehicle, we have expert staff available to consult with you.
Growing up on Long Island in the 1950s, John Osterweis had an idyllic suburban childhood, one spent running around with the neighborhood kids just as long as he was home in time for dinner. Not everyone he met had such a carefree life, however. He saw firsthand what it was like for someone to lose everything and start over from scratch. “I met many German-Jewish refugees escaping the war, ‘men with accents.’ They came here with nothing and had to make something,” says the distinguished financial Continued inside manager and father of two.
Please improve the lives of those in our community today and for future generations through your endowment gift.
Expertise in the Service of Good
”
2,500
Lee Battat Carole Breen Harry Cohn Paul Crane Dorfman Marci Dollinger Nancy Epstein Lynn Ganz Nancy Goldberg Deborah Hoffman Judy Huret
Providing a Safety Net
My grandmother said if you don’t care for your own, who will?
”
Warm regards,
Susan Kolb Past President and Endowment Chair P.S. For more information please contact Barbara Farber at 415-449-3858 or BarbaraF@jfcs.org.
Your Legacy Keeps Our Community Going Strong Each year 80,000 families, children, and seniors receive help through JFCS in the Bay Area.
A Talmudic story tells of a traveler who once saw an old man planting a carob tree. He asked him when he thought the tree would bear fruit. “After seventy years” was the reply. “Dost thou expect to live seventy years and eat the fruit of thy labor?” “I did not find the world desolate when I entered it,” said the old man, “and as my ancestors planted for me before I was born, so do I plant for those who will come after me.”
PRESIDENT James Shapiro VICE PRESIDENTS Tammy Crown David Dossetter Scott C. Kay Kerri Lehmann
45,000
delicious and nutritious meals
are delivered to homebound seniors and people with severe illnesses and disabilities.
17,000
seniors live happier and more vital lives through the care JFCS’ nationally recognized Seniors At Home provides.
1,500
children, teens, and adults with disabilities
TREASURER Douglas A. Winthrop VICE TREASURER Luba Troyanovsky SECRETARY Zoe Schwartz
DIRECTORS Joseph Alouf Lisa Bardin Robert Blum Marci Dollinger Steven Feinberg Carl Grunfeld Deborah Hoffman Alex Ingersoll Michael Janis David Kiachko David Kremer Jan Maisel, MD
Mark Menell Michael Rolnick John F. Sampson Lela Sarnat, PhD Richard Segal Robert Tandler Marina Tikhman Alex Varum EXECUTIVE DIRECTOR Dr. Anita Friedman
reach their full potential, living as independently as possible, through JFCS’ expert programs.
ENDOWMENT COMMITTEE
The Carob Tree Match Is Back! Through December 31, 2017, you qualify for a $3,600 matching gift by committing $10,000 – paid either upfront or over a four-year period – to a new or existing Named Fund. Those who are already members of our Carob Tree Society can receive another match by making another commitment, as many donors have already chosen to do.
JFCS BOARD OF DIRECTORS
2,500
584
teens participate in Jewish educational programs, earn paid internships, and receive loans and grants to go to college or study in Israel.
families receive emergency assistance to help them weather a personal or family crisis and get back on their feet.
140
women and children who are victims of domestic violence, trafficking, and homelessness receive help to start new lives.
Your generosity will ensure that our children and our community will always get the help they need. THANK YOU!
Lee Battat Carole Breen Harry Cohn Paul Crane Dorfman Marci Dollinger Nancy Epstein Lynn Ganz Nancy Goldberg Deborah Hoffman Judy Huret
Alex Ingersoll Siesel Maibach Daryl Messinger Raquel Newman Cindy Gilman Redburn Joyce Rifkind Alison Ross John F. Sampson Lela Sarnat Harvey Schloss
Stephen Schwartz Zoe Schwartz Richard Segal Vera Stein Bonnie Tenenbaum Marina Tikhman Luba Troyanovsky Susan Kolb, Chair Jim Shapiro, President JFCS ENDOWMENT FUND Barbara Farber, Director
2150 Post Street • P.O. Box 159004 • San Francisco, CA 94115 • 415-449-1200 www.jfcs.org