Lion of Judah
What is a LOJE?
The Lion of Judah Endowment is an endowment component of the Lion of Judah Major Gifts program. A LOJE is created by establishing a minimum fund of $100,000 or more in the donor's name, ensuring the perpetuation of a donor's Lion of Judah level annual campaign gift. A LOJE is a permanent restricted fund, a component of the national PACE or Perpetual Annual Campaign Endowment program of United Jewish Communities.
As of early 2007, there are more than 2,800 women who have created a LOJE representing more than $425 million.
LOJE is powerful statement of a donor's commitment to tzedakah, providing a legacy for herself, her family and her community. Establishing a LOJE allows women the opportunity to the extra step to endow her gift in perpetuity. A LOJE may also choose to enhance her Lion of Judah pin by adding a flame, known in Hebrew as or l'atid, to recognize this commitment.
How can a Lion of Judah make a LOJE commitment?
Every woman has a unique family and financial situation. In recognition of different estate planning and tax objectives, a LOJE can be easily and positively designed to match an individual's person circumstances in a beneficial way.
Federation endowment professionals and financial and legal advisors can design a Lion of Judah Endowment that will help donor's realize their philanthropic visions and, at the same time, meet the required criteria. There are various ways to create endowments, many of which do not have to be funded during a donor's lifetime.
A LOJE fund is not intended to substitute for any part of a gift to the UJC/federation annual campaign. A $100,000 endowment is expected to generate at least the Lion of Judah minimum of $5,000, calculated at a yield of 5%; a $200,000 fund will yield a minimum of $10,000; and a $1 million fund will yield a minimum $50,000 annually. LOJE funds are invested and prudently managed for maximum yield.
The Birmingham Jewish Federation has expanded its Lion of Judah programming. To belong to Lion of Judah a woman must give at least $5000 to the BJF Campaign. The group has grown this year from 50 to 77 thanks to the Paula Kimerling Lion of Judah Initiative which provided matching funds for new members to participate.