Author: Maryann Kingsmill

JEWISH FOUNDATION OF GREENSBORO FIRST QUARTER 2025

As I write this newsletter it is a time of unprecedented upheaval and uncertainty in the financial markets caused in part by new trade and diplomatic policies adopted by our nation. As of March 31, 2025, Foundation assets under management stood at $102 Million, 1.79% below our performance at year end 2024. However, we outperformed the broader market.
While we do not know where this will all end up, I am confident our Foundation will continue to perform well in the market and that our faith in our Investment Advisors and our Investment Committee, led by Investment Chair Tom Sloan, will see us through this latest shock to the system. We will continue to pursue our solid philosophy and execution. We have been here before, and holding the course always prevailed. Our track record over the last 29 years has been impressive, and our diversified investment philosophy is sound even in this volatile environment. Most of us can remember other times when we thought the world may be ending, but we are all still here thriving.
It’s times like these when we need to maintain a long-term perspective. We won’t always have years of significant financial growth, and we won’t always have years of market downturns and financial collapses. Over the long-term markets have always stabilized and returned a robust profit for investors. Since inception in 1996 our Foundation has distributed over $122.7 Million, had contributions of over $151.3 Million, while earning over $73.4 Million. Amazing results!
This long-term outlook is what drives our donors to create legacy endowments that enable future generations to fund the organizations that are critical to our community’s survival. This tax advantaged, convenient, and effective giving allows us to leave our legacy and endorses our belief that our caring community must and will continue.
Endowments can be funded at our Foundation from your estate as directed from a variety of sources, including a Will, stock, transfers from other foundations, or cash accounts.
Some may have the viewpoint that during this time of uncertainty it is not the time to focus on future giving vehicles but instead concentrate on maneuvering through the present environment. Yet I believe that when the present looks bleak, it is precisely the time to seek security for the future generations as much as possible. It is our obligation to those who came before us and those who will succeed us.
Your Foundation stands ready to help.
Ron Milstein, Board Chair
Remember to “like us” on Facebook and follow us on Instagram: https://www.instagram.com/jewishfoundationgreensboro/
JEWISH FOUNDATION OF GREENSBORO 5509-C W. Friendly Ave., Greensboro, NC 27410 336-852-0099
Remember to “like us” on FaceBook and follow us on Instagram: @jewishfoundationgreensboro
__________________________________________________________________________________
JEWISH FOUNDATION OF GREENSBORO 5509-C W. Friendly Ave. GREENSBORO, NC 27410 336-852-0099
January 2019