B’nai Tzedek Charitable Funds
B’nai Tzedek grows teen philanthropists
How the B’nai Tzedek Fund Program Works
As Jewish people, we embrace the concept of tikkun olam – repairing the world – and passing this tradition along to our children. Teens in the B’nai Tzedek program typically complete a mitzvah project and donate at least $500 of the gifts they’ve received upon becoming a Bar or Bat Mitzvah to a fund they create in their name (e.g. The Leah Schwartz B’nai Tzedek Fund). Then, once a year, they select a charitable organization and recommend a donation of 5% from their fund. The more the fund grows, the more tzedakah they can do each year, contributing only from the investment growth of the fund.
How a Teen’s B’nai Tzedek Fund Works over Time
As a lifelong tzedakah investment, B’nai Tzedek members will have money to grant from their fund once a year for the next 20 years or when they reach age 33, whichever comes first. Then, if the fund has remained active and reached a level of $2,500 or more, donors can continue using the fund to make lifelong, yearly charitable contributions. If the fund is less than $2,500, it will roll into the Jewish Community Foundation’s B’nai Tzedek Endowment Fund to support the B’nai Tzedek program for future generations. If an individual fund grows to $10,000, it will convert to a hybrid-donor advised fund at the JCF, with all the granting privileges of such a fund.
If any youth in grades 7 through 12 wishes to establish a B’nai Tzedek fund, but the minimum donation of $500 is not financially possible for the teen or their family, the Jewish Community Foundation will confidentially work with the family to make a teen’s wish possible.
Want to do More?
Teens seeking deeper involvement philanthropy and advocacy education should consider applying to serve on the Youth Philanthropy Board.