THE DETROIT JEWISH NEWS 14—Friday, November 1, 1968 Jokes Galore in Wachs' Book Paid Political Advertisements who is a well-known public rela- There are many tips for public tions executive. speakers, for toastmasters and Boris Smolar's those who seek to battle their way Many of the stories are old corny, but the through life humorously, in "The kes and How to Tell yarns, are has so much to Funniest entire some collection Jo Mark book, Wachs. Th em" by 350-page published by choose from that this work is cer- This large demand among Hawthorn Books (70 5th, NY11), tain to have a stories under more those who need It for their speeches incorporates and many who will wish to be en- (Copyright 1968, JTA Inc.) 130 headings. tha n here tertained as readers of tales they are riddles, scores of wise T ENDOWMENT PROGRAMS: Endowment fund development pro- grams are now mushrooming in numerous Jewish federations through- sayings, stories about politicians can turn to at will. out the country. Less than a dozen major federations have already and educators, items about re- accumulated a collective total of more than $100,000,000, and they feel porters and religious ministers. The lovelorn, merchants, detec- they have only scratched the surface in their respective communities. tives, landlords, lawyers, nearly Fifty other federations have introduced endowment fund programs every profession, are represented as part of their ongoing operations. 'Between You ... and Me' EASY AS 1-2-3 ELECT MICHAEL L. STACEY STATE REPRESENTATIVE Member Bnai Brith and cons. Beth Moses F21 123 On Your Ballot Gin DAYLIGHT BACK TO KIDS! Philanthropically minded and communally committed men and women are increasingly open to and eager for opportunities to create endowments as part of charitable giving during their lifetimes, or as part of their estate planning. The local federations are making them aware of such possibilities within the scope of federation and its agencies. In general, the purposes of the endowment funds is to provide a supplementary source of financing for ongoing responsibilities in the event of a significant failure of the federation's annual fund- raising campaing and also to provide a source of financing pioneer projects which cannot be financed from formal operating funds. Ad- ditionally, endowment funds provide a source of financing for un- anticipated emergencies. Thus, the Jewish Community Federation of Cleveland granted $1,000,000 from its endowment fund to the Israel Emergency Fund Campaign last year during the Arab-Israel Six-Day War. The Jewish Welfare Federation of Detroit gave the Israel Emer- gency Fund $500,000 from its endowment fund, and the Jewish Welfare Federation of San Francisco granted $250,000 to the IEF. UNLIMITED POTENTIALS: Bequests constitute the chief source of building endowment funds, but the communities have developed specialized instruments which have also proven effective. One of them is "the Letter of Intent"—a simple document which the prospective donor signs and presents to the federation indicating his intention to provide a bequest to the endowment fund in his will. Usually no amount is specified by the donor, but the Philadelphia Federation estimates that the 825 Letters of Intent which it has already received will eventually produce about $20,000,000 for the community. The top five signatories of such letters have made arrangements to leave a total of about $1,500,000 to the federation. Other communities can boast of similar achievements. Then there is the Trust Fund created by federations in a number of communities. This is a system under which a donor can establish a trust fund administered by the federation. He can contribute to the fund from time to time and can direct the federation to pay out specific sums as philanthropic contributions to a variety of tax-exempt pro- grams. The third vehicle used by federations for building their endowment funds is the Insurance Program. Excelling in this program is Boston, where members of the community's board of trustees have taken out insurance policies totaling $1.250,000, naming the endowment fund as the irrevocable beneficiary. WOMEN'S ROLES: Federation leaders, in discussing the develop- ment of their endowment funds, lay great stress on the importance of the role of women. They emphasize that there is great wealth in the hands of women and that a good part of it could be obtained for the federation's endowment fund in each city where such a fund has been established. Practically every community has had the happy experience of re- ceiving bequests from individuals who during their lifetimes were comparatively small contributors, but whose endowment gifts were sometimes quite substantial. Women are especially generous in their gifts to endowment funds, as seen from experience of the New York Federation and Jewish communities in other cities. Growing Economy, Hike in Employment Forecast; $2 Billion Budget Seen Pernick ELECT LARRY PERNICK OAKLAND COUNTY SUPERVISOR DEMOCRAT YOUR VOTE COUNTS VOTE TUES., NOV. 5 Pd. Pol. Adv. JERUSALEM (JTA)—Forecasts of an expanding economy, in- creased employment and more ex- ports were presented to the cabinet Sunday in a report by Finance Minister Zeev Sharef. But it was disclosed at the same time that Israel's trade deficit for the cur- rent fiscal year will amount to an estimated $600,000,000, compared to $424,000,000 in fiscal 1967. The occasion for the report was the cabinet's debate on the national budget for fiscal 1969, which begins April 1. Next year's over-all budget was expected to exceed $2,000,000,- 000, compared to $1,570,000,000 ap- proved by the Knesset for the current fiscal year. The projected larger trade de- ficit, despite increasing exports, is attributed in part to an influx of investment goods, to defense needs and increased private consumption. Ephraim Dovrat, financial adviser to the treasury said the projected deficit did not include the 50 phan- tom jet planes that Israel is seek- ing to buy from the United States. According to Sharef's report, the number of employed persons rose by 9 per cent of 75,000 workers. Investments grew by 40 per cent and exports by 16 per cent. in the collection by the author Prominent Arab on Trial as Spy for Iraqi Govt. (Direct JTA Teletype Wire to The Jewish News) TEL AVIV — A prominent West Bank Arab who was formerly a member of the Jordanian Parlia- ment pleaded not guilty before a military court Tuesday to charges of espionage and contacts with the enemy. Moustafa Ahmed Abou Becker, of Jenin, has been brought to trial for allegedly handing over and planning to hand over informa- tion of military and security nature to the Iraqi Embassy in Amman. According to the prosecution, Becker gave Iraqi diplomats the names of West Bank Arabs who collaborated with Israel and infor- mation on Israeli military encamp- ments and installations. Becker was also accused of collecting in- formation on Israeli mobilization procedures. E LE C T 131:1113GE SU-PER V ISORr ....= In September and October...they get up before the sun and go to school in darkness... In May and June...they go to bed before the sun and have to sleep in sunlight... All because of "double daylight' time! Only Michigan has to tolerate the abnormal extremes of nighttime sunlight and morning darkness. Give the kids the safety of daylight when they need it the most! VOTE th. P oR n O SP TO AS TA EL N sov NO DEMOCRAT Elect 111ECIERLAIlDER UNIVERSITY OF MICHIGAN REGENT • BA., Economics, U. of M. (1955) • LLB., U. of M. Law School in 1958 • Captain of the 1955 U. of M. Big Ten Champion- ship Tennis Team • Recipient. of the Fielding H. Yost award for out- standing scholarship, athletics, and leadership. • Director and Treasurer, Muscular Dystrophy As- sociation • Member, "M" Club • Member, University of Michigan Club, Detroit • Practicing attorney and Vice-President of the Nederlander Theatrical Corporation (including Detroit's Fisher Theater). Paid Political Advertisment ROBERT NEIDERLAINIDER SOLID IVIICHIGALINIOIER