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C0lebmtlng Mom Than 75 Yo^rs of Service VbLLXXm No.32
7 lyyw, 5756, April 26,1996
Pacesetters celebrates record campaign
UJA taps Alperson By Morris Maline The United Jewish I Appeal Young I Leadership Cabinet has J selected Omaha's Joel | Alperson as chair-designate, the one-year position which leads to | chairman. In an interview with { the Jewish Press, Mr. Alperson, 37, said, "This I is perhaps the greatest Joel Alperson honor I have ever received because it comes from the people I admire most."
An estimated 170 members aad fuests of the Jewish Federation of Omaha's Pacesetter Oi%ri8ion attended a recognition dinner April 17 at the Highland Country Cluhto celebrate the raising of $1,835,000 - a new record -- for the annual Federation Campaign. At left, Steve Simon and Paul Epstein, 1996 general campaign co-chairmen, welcome the guests. At right, Susie Cohn (left) and Margie Alperson accept works of art in l>eludf of the Ike Friedman family and Mrs. Alperson's son, Joel. The recognition is in honor of both parties reaching the Prime Minister's Circle ~ the highest giving level of the United Jewish Appeal. Mr. Alperson was not present because he had been called to New York in connection with the announcement of his selection as chairman-designate of the UJA Young Leadership Cabinet. See story «t right and additional Pacesetter photos on page 8,
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About five years ago, Mr. Alperson became the first Omahan to join the National UJA Young Leadership Cabinet. The Cabinet consists of 200 young leaders in the Men's Division and an equal number in the Women's Division. An active member of the Jewish Federation and its agencies, Mr. Alperson has seen service on the Federation's Board of Directors, the Jewish Family Service Board of Directors, and the Strategic Planning Conunittee. Mr. Alperson credited "a dear friend, Jamie Rosenthal of Sioux City," with getting him involved in the Cabinet, and his father, the late Paul Alperson, with being the kind of role model that has encouraged him to continue the course in Jewish philanthropy set by iiis father.
Bob and Phyllis Newman donate first PACE fund to Jewish Federation Campaign
By Claudia Sherman Foun Foundation public relations director
The Omaha Jewish community acquired its first Perpetual Annual Campaign Endowment (PACE) Fund last year thanlcs to the generosity and commitment of long-time supporters, Phyllis and Bob Newman, said Sheldon A. Bernstein, endowment director of The Omaha Federation Foundation. He added that the PACE Fund, which may be a onetime charitable investment or one that can grow and be built over time, will continue to give strength to the Omaha Jewish community for generations to come. Income from the Newman PACE Fund will be donated each year to the Federation Campaign in the names of Verda Horan, Hsnry A. Newman, Jule M. Newman, Albert B. Newman and Sally Newman Hartung. "I have 80 many memories of the Jewish Federation of Omahii which are dear to me," said Bob Newman. *I don't linow where to start. My •arliest is attending a 'father and son' banquet with iny Dad. I am grateful that I have been privileged to help perpetuate the same for future generations cf Omaha Jewry.* Howard Bloom, executive director of the Omaha Jewish Federation, took the opportunity to especially thank Bob and Phyllis Newman who have once again taken the initiative to establish this special PACE fund which will help ensure a Jewish Ikjture for their children and families in the years to come. We hope this gift will serve to ignite •ndowmant giving for a brighter future for Omaha." Continuing, Mr. Bamstain pointad out that Jews have taken care of each other "from Egypt to Bthiopia and from King David to David Ben Ourion In order to sunrivs despite despicable tyranny, lasmingly inaurmountabla odds, and tha darkness •r hatred and bigotry. *You may not b« Moaaa,* h« said, "but you, too, ^•va halpad the Jewish people survive to this day.
PhylUs and Bob Newman the Jewish Federation's campaign, you help an elderly person in the Jewish community ei^oy his or her days with dignity. You help Jewish children go to preschool and attend summer camp. *You help maintain 170,000 square feet of facilities on 26 acres of land that serve our Jewish community," he continued. "You've helped settle Russian families and assisted other families in crisis with their medical and utility bills. You help provide Jewish educations for our children and then help some of them afford to go to college. YouVs also helped perpetuate the miracle of Israel. *Hav« yw ever wondered what will happen when you and your ganarmtion no longer are here to provide thsae naoaMatiaar Mr. Bernatsin aakwl. "Will UM ganwatiooa after you be able to maintain thsae _ •arvlcM aad prograias in the light of increasing
costs and decreasing number of Jews?" PACE funds were developed to bridge this gap. PACE funds are a relatively new form of endowment in the United States. But already, 75 to 80 million dollars have been contributed to new PACE funds generating about four million dollars for federations annually, said an endowment development consultant at the Council of Jewish Federations in New York. Donors can set up a charitable remainder trust that will pay them income throughout their lifetime, provide significant current tax deductions, and ultimately establish continuous funding to the community in perpetuity through a PACE fund following their demise. Or the Federation Foundation can be named to permanently contribute the donor's annual campaign donation from a PACE fund that would be established in his or her will. Income generated by a tax-deductible gift will ensure that a donor's contribution to the annual Federation Campaign continues without interruption every year — forever. A PACE fund, which can be started in any amount, will be professionally invested and managed along with other endowment funds to provide maximum return. For example, the initial endowment fund principal of $5,000 will perpetuate a t2S0 gift. It requires $10,000 to maintain a $600 gia, and $100,000 to perpetuate an annual campaign gift of $6,000. Women who are lions of Judah, who establiah a type of PACK fund called a Lion of Judah Endowment Fund or LOJE fVind, will be able to sdd a unique flame to their pins. "The financial support you provided for Jewish survival cannot continue without establishing a PACE fund either during your lifetime or through a provision in your will,* explained Mr. Bematain. He encouraged anjrone intarasted in discussing the planning aspects of a PACE Aind to call him at (402) 334-6440. There is no ooat or obligation, and inquiries will ba bald in strict eonfldanoa. *A PACE fkind says you baUara in tha Aitura of our oooununity,' Mr. Bemstain stated, 'and aaauraa Ita continu-
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