2020-2021 Annual Report

ENDOWMENTS A Legacy of Support

WHAT IS AN ENDOWMENT FUND?

ENDOWMENT FUNDS Lois Davidson Early Childhood Education Fund General Endowment Fund Helen E. Risch Early Childhood Scholarship Grant Ritterband Israel Study Endowment Fund Trevor Stokol Scholarship Fund Waldman Teacher Excellence Endowment Wende Weinberg Endowment for Jewish Education

An endowment fund is a permanent, self-sustaining source of funding. Endowment assets are invested and each year a portion of the value of the fund is paid out to support the fund’s purpose. Any earnings are used to build the market value of the fund and support its goal in perpetuity.

ENDOWMENT DONORS

HOW IS THE DISTRIBUTION FROM A FUND USED? The spending distribution from each endowment fund is used to support the purpose as specified in the endowment agreement between the donor and Levine Academy.

Gila &Noah Appel Ron Axelrod Becky Barmak Nurko Andrea & Jonathan Blum Janet Bucher Benjamin Calmenson Michelle Litt & Laurence Cibley Lauren & David Cordell Melissa & Philip Crew Lois &Malcolm Davidson EC Sunshine Fund Nicole & Joshua Emmett Leah & David Engelberg Batya & Aaron Friedman Shira &Matthew Goldberg Bonnie &Michael Grossfeld Suzanne &Howard Hacker Helen E. Risch Preschool Scholarship Fund* Courtney Hensel-Quintana

Betty & Fred Kenner Debra Kerner Melanie &Neville Kling Daniella &Wayne Kling Carol &Mark Kreditor Rachel & Isaac Leventon Beverley & Peter Lewin Amanda Marks

Stephanie & Daniel Prescott Debbie & Fred Rabinowitz Helen & Frank Risch Jolene Risch Lisa & Joshua Rothstein Loren Jacobson &Moises Rudelman Lisa & Steven Rudner Elisabeth Rutledge Adina Weinberg &Mitchell Stein Arlene & David Steinfield Barbara & Arnold Stokol Suzanne & Gavin Subel Waldman Teacher Excellence Fund Andrea & Loren Weinstein

WHO MANAGES LEVINE’S ENDOWMENT ASSETS? The Levine Academy endowment funds are managed by the Dallas Jewish Community Foundation (DJCF). The DJCF is a tax- exempt, non-profit with a mission to build permanent endowments, donor-advised, and named funds for the public benefit.

Kathryn & Selwyn Hill Esmé & Errol Jacobson Barbara & Colin Kawalsky

ESTABLISHING AN ENDOWMENT FUND CREATES A PERMANENT LEGACY OF SUPPORT FOR LEVINE. LEARN MORE AT: http://www.djcf.org

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