Today, Jewish Future Pledge and The Jewish Federations of North America (JFNA) announced a new partnership, which will advance a shared vision and commitment to secure a vibrant Jewish future, sparking critical intergenerational conversations about Jewish values and proliferating a culture of legacy giving.
The partnership comes at a critical time for the Jewish community as two seismic forces are converging at the same time. The social and economic impact of the COVID-19 pandemic has left the Jewish community more uncertain about its future than ever before and comes during the largest transfer of wealth in history. According to Center on Wealth and Philanthropy at Boston College $6.3 trillion could be allocated to charity over the next 55 years. The Jewish Future Pledge seeks to leverage this wealth transfer to secure the financial future of the Jewish people by directing hundreds of billions of dollars toward Jewish and Israel-related causes.
“The ripple effect of gifts secured decades ago is being felt in a profound way as this crisis unfolds,” said JFNA’s Chairman of the Board of Trustees, Mark Wilf. “Legacy gifts made today will have the ability to secure our community well into the future. That is why we are excited about partnering with the Jewish Future Pledge.”
The Jewish Future Pledge calls on all Jews to sign a pledge that commits half or more of the charitable giving in their estate plan to support the Jewish people and/or the State of Israel. This new collaboration with Jewish Federations will engage ten local Jewish Federations in a two-year pilot program and a set of JFNA’s national affinity groups for expanded programs in the coming years.
“We must act now with passion and creativity to ensure that future generations have the resources to build and maintain vibrant and dynamic Jewish institutions. Together, the Jewish Future Pledge and The Jewish Federations of North America are uniquely positioned to make an impact in communities large and small all across the country. I am confident that the seeds planted today through this new partnership will blossom for years to come,” said Mark Silberman, Chairman of the Jewish Future Pledge and JFNA National Board Member.
About the Jewish Future Pledge: The Jewish Future Pledge is a worldwide movement working to ensure that vibrant Jewish life continues for generations to come. It calls on all Jews to pledge that half or more of the charitable giving in their estate plan will support the Jewish people and/or the State of Israel.
About the Jewish Federations of North America: The Jewish Federations of North America (JFNA) represents 146 Jewish Federations and over 300 Network communities, which raise and distribute more than $3 billion annually and through planned giving and endowment programs to support social welfare, social services and educational needs. The Federation movement, collectively among the top 10 charities on the continent, protects and enhances the well-being of Jews worldwide through the values of tikkun olam (repairing the world), tzedakah (charity and social justice) and Torah (Jewish learning). Learn more about us at www.JewishFederations.org.