ENDOWMENT COMMITTEE REPORT SUBMITTED BY: SUZANNE LOW
The endowment committee is pleased and proud to take the opportunity of our annual meeting to update you on the continued progress of our revitalized endowment and planned giving programs. • Temple Shalom Endowment Funds established at the Community Foundation of Collier County (CFCC) for cost-effective administration and management o Five named funds established with total value of $254,000 as of March 1, 2017 o Funds are being continually augmented by family and other gifts, including tributes • Eternal Light Society established for completed Endowment Gifts of at least $10,000 - – 6 as of March 1, 2017 (recognized in new video display in foyer) • Legacy Society established for all who sign Letter of Intent to make a Planned Gift - 22 individuals or couples as of March 1, 2017 • Verified planned gifts with known current values total approximately $1.2 million (most donors have not provided estimated values) • So we have reached 15+% of our $10 million, 10 year goal for endowments and planned giving to date • Naming opportunities list established of Temple facilities and endowed chairs for major gifts (over $100,000) • For Now and Forever endowment and planned giving marketing brochure, designed by committee o On naplestemple.org website under Donate button o Distributed to event attendees, Board members, Committee members o Available at various Temple locations, including entry foyer, library, religious and preschools, oneg table o Provided to professional advisors, others as requested • Two high level, well-received information/social events held at homes of Temple leaders, for potential donors and thought leaders • Committee members pledged 100% participation in current endowment giving • Recognition criteria established for endowment, planned giving, and cumulative lifetime and other major gift categories • Voice articles prepared by committee members in Endowment Corner explaining program and opportunities for giving; highlighting major donors • Solicitor’s Toolkit prepared and 3 relationship building/solicitor training sessions held to date (4-17-16, 5-17-16, 11/17/2016) • Educational events about endowments and planned giving for Temple members being prepared for next season
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