WHAT IS AN ENDOWMENT FUND?
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.
ENDOWMENTS A Legacy of Support
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.
ENDOWMENT DONORS ENDOWMENT FUNDS Trevor Stokol Scholarship Fund Wende Weinberg Endowment for Jewish Education Waldman Teacher Excellence Endowment
Anonymous Linda & Gary Bale Janet Bucher Benjamin Calmenson Karen & Andrew Cohen Leah & David Engelberg Sarah & Michael Fisher Kari & David Goldberg Jillian Goldberg Shari & Steve Goldberg
Courtney Hensel-Quintana Debbie & Bruce Katz Beverley & Peter Lewin
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.
Amy & Daniel Shusterman Peta-Ann & Gary Silansky Waldman Teacher Excellence Fund*
Jackie & Stephen Waldman Andrea & Loren Weinstein Susie & Ellis Wolbe
*Indicates a donation given through a donor advised fund at the Dallas Jewish Community Foundation
ESTABLISHING AN ENDOWMENT FUND CREATES A PERMANENT LEGACY OF SUPPORT FOR LEVINE. LEARN MORE AT: http://www.djcf.org
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