Sholom Community Alliance - Sholom Foundation

Sholom Foundation

About Sholom Foundation

The Sholom Foundation is the planned giving and endowment fundraising arm of the Sholom Community Alliance. It is the Sholom Foundation's sole mission to insure the financial viability of the Sholom Community Alliance for generations to come.

Donations

To create endowments or make contributions to the Sholom Foundation, call 952.939-1593. Visa and MasterCard are accepted.

Gifts in honor of someone's special occasion or to remember a loved one can be made to either the Sholom Foundation General Fund or to a specific fund. A minimum gift of $10 is requested for a tribute. To make a donation:

Go to charitybox.com
Call the Foundation office at 952.939.1664
E-mail donations@sholom.com
Use the donation envelope found in the Circle of Life, Alliance or Chai-Lites newsletters
Mail a check to the Sholom Foundation, 3610 Phillips Parkway, St. Louis Park, MN 55426. If it is a tribute, a donation card, along with your personal message, will be mailed to the recipient. All donors will be acknowledged in the Circle of Life. Gifts will be acknowledged on a regular basis to the donor in a letter suitable for tax purposes.

Contact Us

Sholom Foundation
3610 Phillips Parkway
Minneapolis, MN 55426-3700
952.939-1591 (Fax)

Opportunities for Endowment

A Sholom Foundation endowment is a gift that lasts forever; the principal is invested and income from the fund is spent for the purpose you designate. A portion of the income is added to the principal to ensure that the fund keeps pace with inflation. You can establish an endowment earmarked for a specific facility or services to Sholom Community Alliance residents by an outright gift, through a pledge or commitment over time, or through a deferred gift. While there are existing funds for many facilities and programs, unique naming opportunities still remain.

Please contact us for additional information.

Endowment Categories

Gifts of any amount are encouraged and welcome. However, a permanent endowment fund named in honor of an individual or family can be established for as little as $10,000. Each fund is listed in all our publications and is acknowledged by a plaque on the Walls of Honor at Sholom Home East and Sholom Home West. Endowments can be paid for in a number of ways, and monthly, quarterly or annually over a period of five years. Named endowment funds can also be created using deferred gifts.

Level Cash Gift/Deferred Gift

Founder	$1,000,000 cash, pledge or deferred
Pillar	$500,000 - $999,999 cash or pledge or $750,000 -$999,999 deferred
Builder	$250,000 - $499,000 cash or pledged or $500,000 - $749,999 deferred
Trustee	$100,000 - $249,999 cash or pledge or $200,000 -$499,999 deferred
Patron	$50,000 -$99,999 cash or pledge or $100,000 - $199,999 deferred
Benefactor	$25,000 - $49,999 cash or pledge or $50,000 - $99,999 deferred
Sponsor	$10,000 - $24,999 cash or pledge or $20,000 - $49,999 deferred

Gifts at any of the above levels will be acknowledged by a plaque on the Walls of Honor at Sholom Home East and West.

Assistance for Estate Planning Professionals

GiftLaw is a free service that keeps estate planning professionals informed of tax and law changes affecting planned gifts. Click on the link to this helpful site, giftlaw.com.

Also available is Crescendo Enotes, a weekly service to professionals in the estate planning field, a weekly e-mail newsletter from Cresendo Interactive, Inc. It includes the Washington Update from GiftLaw.com,
a description of the Case of the Week and Article of the Month and News from Crescendo. Contact the Sholom Foundation to get on the emailing list.

As a further service, the Foundation provides sophisticated software illustrations which include calculations for most estate planning vehicles. If you would like a confidential work-up for a client, please contact either Jay Jacobson or Barbara Brooks. We will assist you with these calculations on a no name basis, if you wish, and of course all information you submit will be held in confidence.

Frequently Asked Questions

How can I donate right now?

I'd like to help, but will my small donation really make a difference?

The Sholom Foundation welcomes all gifts, regardless of size. Gifts not designated for any specific fund are put into the General Fund.

Why do some of the Sholom Foundation funds list a specific purpose?

Often donors request their contribution be used for a special use, e.g., music funds provide musical entertainment for residents at Sholom Home East. Funds for continuing staff appreciation, employee free loans and religious activities are also examples of some of the designated funds.

How do I make a contribution to an existing fund in someone's honor?

Gifts in honor of someone's special occasion or to remember a loved one can be made to either the Sholom Foundation General Fund or to a specific fund. A minimum gift of $10 is requested.

Go to charitybox.com
Call the Foundation office at 952.939.1664
E-mail donations@sholom.com
Use the donation envelope found in the Circle of Life, Alliance or Chai-Lites newsletters
Mail a check to the Sholom Foundation, 3610 Phillips Parkway, St. Louis Park, MN 55426. A donation card, along with your personal message, will be mailed to the recipient. All donors will be acknowledged in the Circle of Life. Gifts will be acknowledged to the donor in a letter suitable for tax purposes on a regular basis.