int
pr ceo vc
all
sp
be bequests
ivany bequest Peter Ivany AM, Honorary Life Governor and long-time supporter of JCA, has decided to lead by example by committing a gift to JCA of $2 million initially, growing over time. Peter has regarded the long term sustainability of the Jewish community as a priority for many years. It is his belief that the continuity and growth of our community is tied to a need for increased operational funding for new projects, planning and staff. His intention is to set aside the initial gift of $2 million and actively manage its investment so that it can grow well in excess of $2 million, with capital to be released for specific projects over time and, ultimately, as a bequest. Peter has discussed his plans with his family and this extremely generous commitment has been made with their full support. Whilst Peter wants his children to follow their own passions and donate to their own causes he hopes that his philanthropic example is something that they will follow. As someone with an intimate knowledge of the organisational workings of JCA, Peter sees that, “JCA is the overall bulwark that makes the community survive and prosper.” He believes that as a philanthropist he can’t ‘rule from the grave’ and he has total faith in the people of JCA and the way in which they will deal with his contribution over time. JCA President, Stephen Chipkin notes that, “Decisions such as this are essential for the sustainability of the community over the long term. JCA is extremely grateful for the actions of donors such as Peter and hopes it will prove to be an inspiration for others.”
The true reward from my philanthropy is the realisation that my actions have assisted in making the lives of others easier. Peter Ivany AM
60