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Structuring a Named Gift

Have you ever made a donation or tribute gift in honor of a friend or a loved one — perhaps to celebrate a milestone birthday, a professional accomplishment, or to commemorate someone who passed away? Philanthropic gifts like this are incredibly satisfying, both for the donor and for the honoree. 

Howard Newman recently called us to talk about creating a named gift in honor of his late wife Sylvia whose passion was Jewish education. Sylvia Newman taught in the religious school at Temple Kol Emeth for many years. Howard wanted to establish a memorial to her in the Atlanta Jewish community. We were eager to help. 

Right away we thought about the Jewish Education Collaborative (JEC), an initiative of Federation that’s working to transform the quality of instruction at all Atlanta’s supplemental religious schools. It seemed like a perfect fit. Rabbi Elana Perry, who directs JEC, met with Howard Newman and together they crafted the Sylvia Newman Memorial Teachers of the Year Award, to honor excellence in teaching at supplemental religious schools. The award will go to a veteran religious school teacher, and to a new religious school teacher every year.  

Both awards include a monetary component. Atlanta Jewish Foundation helped Howard create a restricted fund at the Foundation specifying exactly how the dollars would be granted out. The fund will grow annually and should provide this financial gift to recipients for many, many years. This year’s winners of the Sylvia Newman award were Josh Needle, a seventh-grade teacher at Congregation Gesher L’Torah, and Kimberly Reingold, a third and fifth-grade teacher at Congregation Or Hadash. See their video tributes here. 

Named gifts come in all sizes. As universities, museums, and symphony halls know, securing large named-philanthropic gifts can have a powerful impact for years to come. At Atlanta Jewish Foundation, we have the expertise to help donors develop a wide range of named gifts.  

We were involved in shaping a $5.6 million legacy gift from the Frances Bunzl Family Trust — the largest endowed gift in the history of Jewish Atlanta. This named gift is structured to support both Jewish Family & Career Services and Federation for years to come. It reflects the lifetime values of Frances Bunzl, a Holocaust survivor, whose family found safety, community, and success in Atlanta. Her gift creates a legacy of gratitude to the organizations that keep Jewish Atlanta strong and responsive to human needs.

We’re here to help you establish funds that can be earmarked to do good in the community. Call Jori Mendel at 404-951-6900 to start a conversation on how values can live on through named gifts and funds that honor your loved ones.