How Teens are making a difference
Think you need to be an adult to be a philanthropist? Think again! Jewish teens are making a difference here in Minneapolis and around the world through the Genesis Mitzvah Fund Program.
What is a Genesis Mitzvah Fund?
Genesis Mitzvah Funds are typically established through contributions made in honor of a young person becoming a Bar or Bat Mitzvah. However, funds may be established at any time.
Once the fund balance reaches $1,000, it will begin to accrue interest. Then the fundholder can begin to make annual distributions from the investment income to charitable organizations that are important to him or her.
How is a fund established?
A fund can be set up in a number of ways:
Additional contributions may be made any time as gifts to honor birthdays, confirmation, graduation or other special accomplishments. Donations may also be made to the fund as a tribute to other special people or events.
Sample wording for invitation insert
In celebration of my Bar/Bat Mitzvah, the ________ Genesis Mitzvah Fund has been established at the Jewish Community Foundation of the Minneapolis Jewish Federation. I would be honored if you would make a donation to this fund. Each year, when I distribute income earned from this fund to worthy causes, I will be reminded of the mitzvot of tzedakah and tikkun olam. Thank you.