Investing & Giving
Supplement to Jewish News January 21, 2019 jewishnewsva.org | January 21, 2019 | Investing and Giving | Jewish News | 13
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Employment Oppor tunity
Development Associate and LIFE & LEGACY Program Coordinator Tidewater Jewish Foundation (TJF) seeks an organized, self-starter, and team-oriented individual to work collaboratively with the president & CEO to manage the LIFE & LEGACY Program and other planned giving related activities. Position serves as the primary liaison and coach to all LIFE & LEGACY partner organizations. Works with TJF staff, board, and other leaders to help facilitate development efforts by planning, organizing, monitoring, and assisting with the execution of action plans in coordination with Legacy teams. Promotes TJF and gift planning concepts to help cultivate new gifts. Works collaboratively with marketing staff to coordinate various events and programs. Must be able to handle confidential and sensitive information. Qualifications: Bachelor’s degree with at least 3 years’ experience in either: development, marketing, financial planning, community relations, project management, foundations, and/or grant making. Non-profit experience not required. Ability to understand and work within structure of a customized database. Knowledge of and appreciation for Jewish culture, heritage and traditions a plus.
Complete job description at www.Foundation.JewishVa.org
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14 | Jewish News | Investing and Giving | January 21, 2019 | jewishnewsva.org
Submit cover letter, resume and salary requirements to: resumes@ujft.org or call Human Resources (757) 965-6117. EOE.
Tidewater Jewish Foundation is firmly committed to a policy of equal employment opportunity for all qualified persons without regard to race, color, religion, national origin, age, gender, sexual orientation, non-disqualifying disability, genetic information or military status.
Tidewater Jewish Foundation
Investing & Giving
THE WINTER
Mazel Tov! Ann Copeland, this year’s KipnisWilson/Friedland award winner
Betty Ann Levin, Ann Copeland, and Jodi Klebanoff.
Amy Zelenka
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hosen by their local federations, Kipnis-Wilson/Friedland award winners embody the values of the Lion of Judah. Recipients of this prestigious, nationally-recognized award are leaders
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in their communities—women whose body of work has left and continues to leave an enor mous imprint for generations to come; women who’ve inspired and motivated others to take an active role in philanthropy and in Jewish community involvement. Ann Copeland was presented with her award on Tuesday, January 15 at the close of this year’s International Lion of Judah conference, which was held in Hollywood, Florida. Copeland is a well-respected and beloved leader in the Tidewater Jewish community. She has long served as a role model for her family, friends, and for generations of emerging women leaders. Copeland leads by example, inspiring peers and young leaders alike to engage
Betty Ann Levin, Jodi Klebanoff, Doris Waranch, Ann Copeland, Ina Levy, Martha Glasser, and Amy Zelenka.
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chair) 20 years ago. An outstanding fundraiser, Copeland has raised hundreds of thousands of dollars for the Federation’s annual campaign over the years. Through her every action, Ann Copeland embodies the spirit of the Lion of Judah, using her grace and influence to bring good in the world. In addition to receiving her award during the conference, members of her family, as well as friends and some fellow Tidewater Lions, celebrated Copeland during a special dinner to recognize her years of service and to congratulate her on receiving the KWF award.
jewishnewsva.org | January 21, 2019 | Investing and Giving | Jewish News | 15
Investing & Giving
Protect your family. Prepare for their future.
Steve Zuckerman Committed to community through philanthropy and activity Carly Glikman
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or the past seven years, Steve Zuckerman has been an active member of the Young Adult Division of the United Jewish Federation of Tidewater at the Ben Gurion level ($1,000). As the immediate past chair of YAD, he has played an instrumental role in shaping the community and ensuring the future of young Jews in Tidewater. Zuckerman got his start with YAD by completing the Tidewater Couples Project and Hineni! Leadership programs. Both of Zuckerman’s two children attended Hebrew Academy of Tidewater and his family are members of Congregation Beth El. Zuckerman’s passion for Tidewater’s Jewish community is apparent in nearly everything he does. “Megan and I recently returned from a 10-day trip to Israel where we were fortunate enough to share our passion for the country with our children,” he says. “One of our goals during this trip was to share our commitment to building a strong Jewish community here in Tidewater and the importance of philanthropy with our children to support Jews here locally and in Israel.”
Jonah, Chloe, Megan, and Steve Zuckerman in Israel.
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Our Commitment . . . Your Success Every member of The Dale Mercadante Riggan Financial Group of BB&T Scott & Stringfellow is driven by our commitment to our clients. The world, your life, and the markets are dynamic. Things change. We bring a thoughtful and experienced perspective on how to adapt to those changes. And it’s personal. We partner with you, and actively listen, to be certain we understand your life, priorities, and what your money needs to do for you, all before we design an investment strategy and make recommendations. We are dedicated to the responsible stewardship of your assets and to always being here when you need us. The Dale Mercadante Riggan Financial Group of BB&T Scott & Stringfellow 500 East Main Street, Suite 300, Norfolk, VA 23510 757-446-6802 800-515-0294 DMRFinancialGroup@BBTScottStringfellow.com
Left to right: Julie Barnes, Max Dale, Janet Mercadante, Ben Riggan and Barbara Huth BB&T Scott & Stringfellow is a division of BB&T Securities, LLC, member FINRA/SIPC. BB&T Securities, LLC, is a wholly owned nonbank subsidiary of BB&T Corporation, is not a bank, and is separate from any BB&T bank or nonbank subsidiary. Securities and insurance products or annuities sold, offered, or recommended by BB&T Scott & Stringfellow are not a deposit, not FDIC insured, not guaranteed by a bank, not guaranteed by any federal government agency and may lose value.
16 | Jewish News | Investing and Giving | January 21, 2019 | jewishnewsva.org
Investing & Giving
Leaving a Jewish Legacy Barb Gelb
T
he second year of Tidewater Jewish Foundation’s LIFE & LEGACY program is complete and with resounding success. Teams of staff and volunteers from nine agencies and synagogues have pulled together to secure more than 400 commitments, worth an estimated $17-million for the future of Tidewater’s Jewish community. With the support of the Harold Grinspoon Foundation, the LIFE & LEGACY teams have learned the nuts and bolts of legacy giving, while also building cooperation and partnerships between all of the Tidewater Jewish organizations. The program has changed the philanthropic landscape of Tidewater’s Jewish community, enabling and encouraging people of all levels of wealth to participate.
Jason Lovitz, who leads the team for Temple Emanuel, is deeply appreciative of the program because, he says, “Grinspoon’s whole idea is that it is not about how much you give, it’s about how many people give. Before I got involved in LIFE & LEGACY, I thought it was for the ultra-rich and/or the ultra-old. That couldn’t be further from the truth. It’s for anybody. Everyone can be a giver.” Leaving a legacy gift is a meaningful way for donors to let friends and family know what they care about and what their hopes are for the future. TJF will celebrate all of the community’s legacy donors on Monday, March 18 at the Sandler Family Campus. For more information about LIFE & LEGACY, contact Barb Gelb at bgelb@ujft.org.
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TJF has funds ready to help you get there. Apply at Foundation.JewishVA.org by March 15. For more information, contact Barb Gelb at bgelb@ujft.org or 965.6105.
jewishnewsva.org | January 21, 2019 | Investing and Giving | Jewish News | 17
Bernard’s Legacy Lives Forever Norfolk architect Bernard Spigel died in 1968 leaving an enduring legacy of homes, schools, theaters and commercial buildings he designed. In 1983 Lucy Spigel Herman honored her dad by creating a scholarship for future architects administered by the Hampton Roads Community Foundation. Dozens of past Spigel Scholars are busy today designing buildings for us to enjoy while the scholarship continues to help future architects pay for their education. Design your own view of a better future by ordering the free Leave Your Mark guide. Learn how easy it is to honor a family member or create your own lasting legacy. Leave You r Mark
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Investing & Giving First Person
Be mindful of reactions to the market
Janet W. Mercadante
I
s this time different? While those of us who have been investing for decades have experienced many tumultuous markets, each and every time volatility strikes, so does fear. Janet W. Mercadante I’ve learned a lot about investor behavior through the years, and I know how closely emotion is tied to our money. The challenge lies in the fact that we don’t make our best decisions when guided by our emotions. Confirmation bias also plays a big part in how we react to the way the markets
move. We look for good news that reinforces up markets, and we grab on to negative news as the markets fall. It’s very difficult to keep perspective as you see your account balances drop. And yet…the market was buoyed by the December jobs numbers that far exceeded expectations. Workers’ wages are accelerating. There is some good news out there that belies all the pessimism and fear. There will always be headwinds (areas of concern) as well as tailwinds (areas of optimism) as we look toward the future and try to anticipate the direction of the markets. While short-term prognostications are sometimes a lucky guess, we remain confident in the long-term growth of the markets. Is this time different? Time will tell, but we don’t think so.
prognostications are sometimes a lucky guess, we remain confident in the long-term growth of the markets.
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18 | Jewish News | Investing and Giving | January 21, 2019 | jewishnewsva.org
Janet W. Mercadante is a financial advisor and senior vice president with The Dale Mercadante Riggan Financial Group of BB&T Scott & Stringfellow. She may be reached at 757-446-6802 or JMercadante@ BBTScottStringfellow.com. The opinions expressed are solely those of Janet W. Mercadante and do not represent the opinion of BB&T Scott & Stringfellow. This material is presented for general information only and is not intended to provide specific advice or recommendations for any individual. To determine what investments may be appropriate for you, consult with your Financial Advisor. Past performance is no guarantee of future results. BB&T Scott & Stringfellow is a division of BB&T Securities, LLC, member FINRA/SIPC. BB&T Securities, LLC, is a wholly owned nonbank subsidiary of BB&T Corporation. Securities and insurance products or annuities sold, offered or recommended by BB&T Scott & Stringfellow are not a deposit, not FDIC insured, not guaranteed by a bank, not insured by any federal government agency and may lose value.
Investing & Giving
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Applications now being accepted for the Stein Family College Scholarship Barb Gelb
T
idewater Jewish Foundation is now accepting applications for the Stein Family College Scholarship. The prestigious scholarship, created in loving memory of Arlene Stein, awards $10,000 per year for four years for a student to pursue a college degree. Brett Pomerantz, the 2016 Stein Family College Scholarship recipient, is now a junior majoring in mechanical engineering at Virginia Tech. Brett says he is extremely grateful for the scholarship because it has helped him focus on his studies without having the pressure of needing a job to help pay tuition and other expenses. He also has had time to get involved Jewishly on campus, serving on the student board for Chabad at school. “I go to Shabbat every week, as well as other programs. We help them with the planning, and especially with timing the different events so more students can attend,” says Brett. Brett took a Birthright Israel trip his freshman year, and then last summer had an internship with Onboard Israel, a company that brings students from North America to Israel for internships. “I worked for a start up company that made a strip that goes into your shoes that helps kids not walk pigeon toed.” He says he has really enjoyed his classes at Virginia Tech, and looks forward to volunteering for a professor in
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Brett Pomerantz in Israel.
robotics laboratory next semester. When Brett graduates, he wants to work for a year and then return to graduate school with the goal of working for a manufacturer that builds toys or robots. Brett’s advice to all graduating seniors is to apply for the Stein Scholarship and every scholarship possible because that will provide more opportunities in college and beyond. Applications for the Stein Family College Scholarship are due March 29. For more information, visit foundation.jewishva.org or contact Barb Gelb at Bgelb@ujft.org.
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jewishnewsva.org | January 21, 2019 | Investing and Giving | Jewish News | 19
spindel 2018b.qxp_Layout 1 4/11/18 12:45 PM Page 1
Create a Jewish legacy for the community you love through planned charitable giving . . .ask us how Jody Balaban
Ron Spindel
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Brandon Terkeltaub, CFP®
Chrys Lyon
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Investing & Giving
Amazon buying Israeli startup CloudEndure for $250 million JERUSALEM (JTA)—Amazon is buying the Israeli startup company CloudEndure for an estimated $250 million. Through its subsidiary AWS, Amazon is the world’s biggest supplier of cloud services. CloudEndure, a cloud computing company founded six years ago, creates business software for disaster recovery, backup and live migration in the event of a system crash. It places data on multiple clouds operated by providers including Amazon. The final deal is expected to be announced soon, the Israeli business daily Globes reported. “If Amazon added this kind of disaster-resilience service to AWS, it could help attract clients with a particular focus on security or those who were particularly spooked by high-profile ransomware attacks,” CNBC reported. CloudEndure has raised more than $18 million from leading venture capital firms and strategic investors including Dell Technologies Capital, VMware, Mitsui, Infosys, and Magma Venture Partners. The company is based in Ramat Gan, near Tel Aviv.
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Stein Family College Scholarship The Stein Family College Scholarship is an annual grant for Jewish students in the Hampton Roads area that provides a scholarship of up to $10,000 a year for college tuition.
Eligibile Applicants Must: • Be Jewish students graduating high school this Spring, entering a degree-granting institution for the first time as a full-time, degree-seeking student • Be current residents of Hampton Roads • Have a minimum GPA of 3.0 • Demonstrate academic ability, concern for school, Jewish & general communities • Show substantiated financial need (as determined by FAFSA) The Stein Family College Scholarship is dedicated in loving memory of Arlene Shea Stein.
Application Deadline: March 29, 2019 For more information, guidelines and application, visit www.JewishVa.org/tjf-stein
20 | Jewish News | Investing and Giving | January 21, 2019 | jewishnewsva.org