Donate to Long Term Investment Funds
Long Term Investments
TOL's Long-Term Investment funds are designed to ensure our Congregation’s legacy by providing investment accounts that last indefinitely. These accounts are invested for growth and limit annual distributions. They are critically important and provide the following benefits:
1. Long-term funds enable members to donate for specific initiatives or to honor loved ones or life-cycle events in perpetuity.
2. In times of financial hardship or needs for capital improvements, we can borrow from ourselves and not the bank.
3. These funds lower membership costs by providing funds for special projects, programs and personnel outside of the operating budget.
4. Legacy giving (remembering TOL in your will) provides a means to perpetuate our congregation and ensure viability for future generations.
Long-term fund giving options
TOL Endowment Fund: The Endowment Fund is managed by the TOL Endowment Committee, and invested for growth. Distributions are requested by the TOL Board and approved by the Endowment Committee.
Rabbinic Sustainment Fund: This fund is managed by the TOL Executive Committee and enhances our capacity to attract and retain a rabbi and or other Jewish professionals by paying a portion of annual salaries outside of the operating budget and member’s annual pledges.
For more information on Long-Term funds or the tax advantages of legacy giving contact Endowment Committee chair, Steve Friedland