Baltimore Jewish day schools are celebrating this month, having reached 25 percent of their fundraising goal for the Russel Family Generations Baltimore Day School Endowment Project.
Project manager Helen London said the $4 million raised by the schools is the first step in integrating legacy and endowment into the schools’ fundraising mix. Showcasing the first round of funds helps to get other school donors thinking about making legacy and endowment gifts.
According to London, Beth Tfiloh Dahan Community School began its campaign the earliest and is already seeing the impact of its efforts.
“They are leading in the amount raised,” said London, noting that BT has a strong development committee to cultivate donors and that the school’s professional/lay partnerships are well organized.
London added that raising endowment money will provide a stream of income that can sustain Baltimore day schools; the Weinberg Foundation-Associated Day School Initiative is set to expire in 2017.
“Cultivating donors who love the school and want to sustain the school for the future will ensure that the schools can continue to educate our children,” said London. “We have to do this for the schools now, and not look back 20 years from now and wish we had done this.”