Friday, June 21, 1985
THE DETROIT JEWISH NEWS
11
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Family Run Pharmacy
LOCAL NEWS
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Endowment Fund Grows
Mandell Berman
Their belief in the future of
Detroit's Jewish community
prompted 41 donors to make the
Federated Endowment Fund $7
million healthier in 1984.
This was the report delivered
by Mandell L. Berman, chair-
man of United Jewish Charities'
endowment fund, in recent re-
marks to the Jewish Welfare
Federation's Board of Governors.
In his address, Berman
stressed the importance of
endowments. Whether the gift is
$1,000 or $1 million, endowed
funds help support Federation
agency projects that otherwise
might not be undertaken. These
range from cultural programs to
health care services for the el-
, derly.
So far this year, another 14
donors have contributed an
additional $2.8 million toward
the $100 million endowment
goal. Some of these people were
assisted at some point by Feder-
ation and desired to return the
favor by ensuring a thriving
community after they are gone.
Katharina and Fritz Flesch
came to Detroit from Germany
in the 1940s. When they needed
assistance, Resettlement Service
was there. Mrs. Flesch, who died
last year, left her estate to Fed-
eration "as an expression of my
husband's and my own gratitude
for the help received at the time
of our arrival in Detroit."
Part of her estate was desig-
nated as an endowment for the
Berman recently announced
the receipt of an unexpected be-
quest under the will of the late
Mr. Joseph M. Kay, a longtime
member of the Jewish Commu-
nity Center Businessmen's Club.
The club, as a group, has made
yearly donations to the Cam-
paign totaling over $200,000 in
the last 18 years.
A former egg-and-butter
wholesaler, Mr. Kay had a deep
concern for the problems facing
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1985 CONTINENTAL 4 DR!
Joseph Kay
Israel. Throughout his life he
gave to the Campaign and other
worthy causes. After his recent
death, a check for $50,000 was
presented to Federation's
endowment department by his
friend and Businessmen's Club
President Harry Friedman.
The money will initiate the
Joseph M. Kay Allied Jewish
Campaign Permanent Fund,
with the interest from it provid-
ing an annual AJC gift for years
to come.
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