PowerPoint - Partnership for Excellence in Jewish Education
Transcription
PowerPoint - Partnership for Excellence in Jewish Education
Slide 1 Slide 2 How do you inspire Jewish children to embrace Judaism? Slide 3 How do you light the flame and keep it burning? Slide 4 Sinai Akiba answered these timeless questions in 1968 when it opened a Solomon Schechter Conservative Jewish day school. Slide 5 Admissions soared when Akiba Academy merged with Sinai Temple, the largest conservative synagogue west of the Mississippi. Slide 6 “Together, school and synagogue, we are a remarkable institution, one of learning, of growth, of goodness – all blessed by the voices of our children, and by the presence of God.” - Rabbi David Wolpe The relationship between the shul and the school continues to benefit both communities. Slide 7 School Accreditations Sinai’s unique way of offering traditional Jewish studies combined with an excellent secular program caused its reputation to grow. • California Association of Independent Schools • Western Association of Schools and Colleges • Solomon Schechter Day School Network • Los Angeles Bureau of Jewish Education Slide 8 Forty-four years after its founding, 540 elementary and middle school students from pre-kindergarten through eighth grade are taking advantage of our nurturing and academically-rich programs. Slide 9 We have seen our students grow into committed, knowledgeable, Jewish leaders and pass the torch of Judaism to their own families. When we look for role models among our alumni, the Cosgrove family immediately comes to mind. The four men on the left are all Akiba graduates as is the woman we are identifying on the right. All of their children are attending Jewish day schools. Slide 10 Slide 11 But today, many young families cannot afford to send their own children to Jewish day school. That is why the BJE, PEJE, the AVI CHAI Foundation and several local community partners have joined to launch Generations LA. Seven Participating Schools – Sinai Akiba Academy – Adat Ari El Labowe Family Day School – Cheder Menachem We, at Sinai Akiba, are grateful that our local Jewish organizations are addressing one of the most critical problems facing our community today. – Heschel Day School – Harkham Hillel Hebrew Academy – The Rabbi Jacob Pressman Academy of Temple Beth Am – Valley Beth Shalom Harold M. Schulweis Day School Slide 12 We were chosen because we have a strong infrastructure. We are solid enough today to prepare for our longterm needs tomorrow. Slide 13 PERCENTAGE OF STUDENTS RECEIVING TUITION ASSISTANCE 27% 24% 15% 13% 11% 11% 11% 11% 12% Slide 14 Phillips Exeter Academy has a $1 billion endowment. Slide 15 • Harvard-Westlake has a $45 million endowment. • Marlborough has a $35 million endowment— the largest per student among California independent schools. 28% We want you to understand the severity of this problem. In the last ten years, notice that the number of students receiving tuition assistance at Sinai has more than doubled. And we expect this figure to continue to increase. We are not alone. Private schools across the country are experiencing this same challenge. But many older schools are more prepared to meet the demand because they have built large endowments. For example, Phillips Exeter enjoys an endowment of one billion dollars. In California, several private high schools have accumulated large enough endowments to offer many students financial aid. Slide 16 Average Endowment Per School by Region (2006) New England $35,845,262 Midwest $20,079,284 East (NY & NJ) $20,077,633 Middle Atlantic $16,458,784 Southwest $16,177,694 Southeast $9,833,636 West $8,731,914 Slide 17 10-Year Goal: $24 Million Current Endowment: $8.2 million Slide 18 How does an endowment work? Here is the breakdown of some average school endowments by region. You can see that the west is lagging far behind. We have only just begun to build our endowment and because of the challenging economic times, we are in a hurry to catch up. Our current endowment is $8.2 million and we are shooting to greatly grow this number over time. Many people don’t understand what an endowment is, how it works or why it is different than other funds. Slide 19 A gift to an endowment is a gift that never stops giving… Slide 20 Gift of $20 million in 1885… $16.5 Billion Today An endowment is a large sum of invested money. The money donated to an endowment is usually not available for use. Only the interest earned from the endowment is available. This interest income provides a steady, reliable stream of income. At Sinai Akiba, we plan to use this income to provide more tuition assistance. What makes an endowment unique is its permanence. Decades after an endowment is created, the basic fund is still intact and still supporting its designated cause. A gift to an endowment is a gift that never stops giving. Take Stanford University, for example. Leland Stanford started Stanford University in 1885 with a gift of $20 million. That $20 million is still there. Stanford’s endowment today is valued at $16.5 billion in 2011 and more than 100 years later, it continues to support Mr. Stanford’s dream. In fact this endowment covered 22% of the University’s operating expenses in 2011 of which 23% went to financial aid. Slide 21 Akiba Endowment Goals $30 Million $1.5 million annually 10-Year Goal Right now we are setting goals for own endowment. Our three-year goal is to raise at least $4,000 for every student enrolled in our school. Top 25% nationally 3-Year Goal $4000 per student Slide 22 10-Year Goal $24 MILLION Slide 23 Incentives • Matching Funds • Tuition Assistance Grants • Professional Training for Staff and Lay Leaders • A Community Partnership for Los Angeles Day Schools Our ten-year goal is to triple our endowment bringing it to over $24 million. That could give us close to $1 million of interest income each year, enough to provide substantial financial assistance. Generations LA is offering matching funds and tuition assistance grants to member schools, giving donors an added incentive to contribute. Slide 24 Our partnership with Generations LA will serve as a blueprint for Jewish schools across the country. Because not only in L.A. but across the narion, hardworking, successful parents who value Jewish education are simply being priced out of the market. Slide 25 That is why the foundation of the late Betty Matoff has made the first gift to our Generations campaign. Betty supported financial assistance at Sinai Akiba for many years and her family chose to perpetuate her legacy by making the first gift to this program. The financial problem facing Jewish day schools is urgent. Right now young families are deciding where to enroll their children. Slide 26 Ways to Contribute • Outright gifts of cash or securities • Bequests - gifts as part of your estate plan • Gifts of Insurance • Gifts that provide lifetime income: Charitable Remainder Trusts Charitable Gift Annuities If you want to help, there are many ways to contribute to Sinai Akiba’s endowment fund. Slide 27 There are many reasons to contribute. Slide 28 There are many ways to honor loved ones who valued Jewish education through your donation. Slide 29 Pioneering this effort to sustain Jewish day schools across the country is appropriate for Sinai Akiba – long considered one of the preeminent day schools in the country. Slide 30 For 44 years Sinai Akiba has been producing ethical, compassionate, welleducated Jewish leaders. Our alumni are doctors, lawyers, rabbis, teachers, financial consultants and Jewish community professionals. You name a field and we have alumni at the top of it. They know how to maintain their Jewish identity whether they are working within or outside of our community. Slide 31 Our students are viewed as leaders. Acceptance rates to the most select high schools are exceptional, and our students are well prepared. In the last 15 years, 10 of the valedictorians at Milken were Sinai Akiba students. They are represented at the most prestigious colleges and graduate schools throughout the United States and Israel. Slide 32 Take a look at last year’s graduating seniors and where this one class is attending college. Our placement to high schools was also impressive. Slide 33 Our graduates stand up for Israel and actively advocate on campuses and beyond. They are leaders in their local communities. Slide 34 Meet Sammy Schatz and Jonathan Etra. Both Akiba grads who addressed 13,000 people at the AIPAC policy conference in Washington, DC. Sammy Schatz ’05 AIPAC Campus Liaison Princeton University Jonathan Etra ’07 AIPAC Campus Activist Young Judea Slide 35 Jewish day schools keep the flame of Judaism alive. Slide 36 Slide 37 Help us be here for your children and grandchildren. Help us continue keeping Jewish children connected to their Judaism. Mission Statement Sinai Akiba Academy offers an outstanding general and Judaic education that develops the mind, heart and soul. We engage students in the joy and discipline of learning, introducing students to a life of personal growth, sensitivity, responsibility and intellectual inquiry, shaped by Jewish practices and informed by a respect for diversity of thought. Slide 38 Generations Committee • • • • • • • • • • • • • • • Andrei Iancu, Generations Chair Lora Silverman, SAA Committee Chair Jonathan Anschell Gaby Cosgrove Abbe Goldman Behzad Kianmahd Alice Lainer Gary Lainer Jamie Resin Deborah Rubin Pam and Randy Schoenberg Michael Soroudi Janet Rosenblum, Development Director Rabbi Laurence Scheindlin, Headmaster Janet Levine, Generations Coach To learn more, contact Janet Rosenblum: (310) 481-3285 [email protected]
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