Endowment Fund

     The Oak Park Temple Endowment Fund was created so that reserves and donations could be set aside in a restricted fund for the use and benefit of the Congregation in three ways. First, annual earnings are paid every Passover which supplements the revenues of the operating budget. Secondly, the funds can be used to make loans to the Temple (to be re-paid with interest) for capital improvements, which has been done in the past. Finally, the Endowment Fund will be a resource in the unlikely event of some catastrophe.
    All donations to the Endowment Fund are welcome; donations of $10,000.00 or more can be set-aside in a specially recognized and restricted fund, the earnings of which can be applied in accordance with the wishes of the donor (and the concurrence of the Congregation). The Endowment Fund also encourages participation in the Legacy Program which provides for distributions upon death from an estate or trust to the Endowment.

​    Want to learn more about your Endowment Fund? Contact the Committee of Trustees, Ron Broida, Matt Tushman, Jeff Blaine, Dr. Gary Wainer or Shari S.

Click here to download and read a more detailed explanation of the Endowment Fund.