Trusts & Endowments

These Funds insure the long-term fiscal health of Kesher Israel Congregation. The income available from these funds is based on the amount of interest income generated by each fund and by the specific guidelines of the Trust. The President appoints the Trustees and is the only person who can make written requests for Trust monies. The Trustees manage the Trust assets and approve the disbursement requests. An Annual Trustee Report is issued to the Board of Directors and a review of the Funds is conducted every year. Listed below are the eleven Kesher Israel Trust Funds.

Donations can be sent to the KI office with the form found in every edition of The LINK (download Donation Form) or can be made online through our secure PayPal account by clicking on the appropriate “Donate” button. Please consider adding a 3% convenience fee for making online donations to offset any fees.

The Special Projects Fund – Created to develop a capital fund to create a sound financial base for Kesher Israel. Disbursements can be made for religious, charitable, operational and educational purposes.

The Allen and Doris Neil Memorial Endowment for Education – Created to provide needs-based scholarships to The David Ari and Michael Eric Zukin Religious School, to provide for special Religious School projects and enrichment programs, and for scholarships for youth group sponsored trips to Israel.

The Martin Cohen Endowment of the General Account – Created to provide funds for the KI operating budget.

The Sidney and Mary Wolf Scholarship Endowment – Created to provide needs based Religious School tuition scholarships.

The Ahteed Membership Trust – Created to provide financial assistance in payment of membership dues.

The Sondra Moore Endowment for Youth Groups – Created to provide a sound financial base for use by the B’nai B’rith Youth Organization and/or any other Jewish youth groups associated with Kesher Israel Congregation.

The Hoberman Endowment for Adult Education – Created to provide funds to support Adult Education and to enhance adult and family education programs at Kesher Israel.

The Morris Singer Memorial Endowment Fund – Created to provide income to help cover the costs of (Cantor’s Fee) and our High Holiday services.

The Cemetery Trust – Created to purchase additional burial plots as needed. Income is also used to support the Religious School.

The Mitzvah Corps Endowment – Created to provide funds to support the Mitzvah Corp in providing meals to Kesher Israel families in time of need.

The Rabbi Sue Greenberg Endowment for the Religious Education of Kesher Israel Special Needs Members – Created to provide a source of funds to facilitate the inclusion of special needs children, including dependent adult children, of Kesher Israel members in the educational and religious life of the community.

The Molly & Ike Clompus Fund

The Janet M. Joseph Memorial Education Fund