WEST HARTFORD, CT – The Jewish Community Foundation of Greater Hartford (The Foundation) was selected to join 69 other Jewish Community Foundations and Jewish Federations in the Harold Grinspoon Foundation’s (HGF) LIFE & LEGACY® program. A nationwide Jewish legacy giving initiative, LIFE & LEGACY has secured more than 28,000 after-lifetime commitments with an estimated value of over a billion dollars for Jewish organizations across North America.
In partnership with HGF and local Jewish organizations, the Foundation will lead a local LIFE & LEGACY community-wide initiative to promote after-lifetime giving to benefit Jewish day schools, synagogues, social service organizations and other Jewish entities. Organizations will participate in a four-year curriculum initiative that provides coaching, training and incentive grants to ensure that legacy giving becomes further integrated in the philanthropic culture of the community.
“We are thrilled to be chosen by the Harold Grinspoon Foundation to lead the LIFE & LEGACY program in Greater Hartford,” says Jacob Schreiber, president and CEO of The Foundation. “This partnership will help us build a strong core of legacy commitments in Greater Hartford that will ensure a vibrant Jewish community for generations to come.”
The Foundation will receive a 1:2 matching grant from HGF of approximately $100,000 each year to provide participating local organizations with unrestricted incentive grants, for meeting legacy commitment benchmarks. The Foundation will fund the rest of the cost of the program.
“The Harold Grinspoon Foundation is very excited to be partnering with the Jewish Community Foundation of Greater Hartford to further establish a culture of legacy giving in the Greater Hartford Jewish community,” says Arlene D. Schiff, national director of the LIFE & LEGACY program.
“This legacy initiative will make the most of the generational transfer of wealth and provide generous members of the Greater Hartford Jewish community with the opportunity to express their passion, purpose and commitment to their most valued Jewish organizations.”
LIFE & LEGACY is investing $30 million dollars over a 10-year period to preserve vibrant Jewish life for future generations by ensuring the long-term financial health of Jewish community organizations in cities across North America.
“Providing Jewish communities with proven tools and training to help them secure their long-term financial goals is absolutely vital,” says Harold Grinspoon, the founder of HGF. “Through the LIFE & LEGACY program, I am hopeful that we will be able to help sustain vibrant communities that allow future generations to enjoy our rich Jewish culture and heritage.”