The Jewish Educational Endowment Fund (JEEF) is a challenge grant program with one goal in mind – to create a self-funding school and help ensure that every Jewish child gets a high quality Jewish education, irrespective of a family’s means.
This can be done by creating a community capitalized fund, which will serve as an incentive to bring a school’s endowment to reality. Upon the submission of a JEEF Challenge Grant application, schools will be given an endowment funding target. When target goals are met, the JEEF Challenge Grant will be awarded from the assets of the community capitalized fund. Schools would be motivated to initiate long-term strategic planning and raise endowment dollars, strictly limited to tuition reduction.
The program will generate a paradigm shift in the mindset of school leadership, as they engage in long term strategic and fiscal planning, and inspire donors to invest in endowment funds for their schools. Administrators will be able to focus their talents and skills on striving towards excellence in education, rather than expending energy and time searching for funding towards the weekly payroll.
Such a fund, or endowment, guarantees that the principal will never be touched and will continue to produce income from interest earned each school year.
For more information contact Jeff Kirshblum at jeffcorp@optonline.net
