A Transformational Gift Jean and Samuel Frankel are revealed as contributors of $20 million to the JAMD. DIANA LIEBERMAN StaffWriter or provided major funding f for the Jewish Studies Department at the University of Michigan, the residential service program at JARC, the commu- nity service center at the Barbara Ann Karmanos Cancer Institute, the Max M. Fisher Music Center and many other Detroit area charities and institutions. Now Jean and Samuel Frankel of Bloomfield Hills have extended their generosity to the Jewish Academy of Metropolitan Detroit, Michigan's only multi-stream Jewish day high school. This week, the Jewish Federation of Metropolitan Detroit revealed that the Frankels are the anonymous donors who, in June 2002, offered a record- breaking $20 million grant to the West Bloomfield-based JAMD. The endowment is the largest single gift ever to the Detroit Jewish commu- nity, and the largest endowment gift nationally to a Jewish day high school. "This grant represents a new standard of philanthropic leadership in education for North America, one we hope others will be inspired to emulate, " said Rabbi Lee Buckman, JAMD head of school. "The very future of American Jewry depends on individuals and organiza- tions that place Jewish education at the top of their commitment agenda. "The Frankels have set the pace for commitment throughout the country." The couples' names were not revealed until this time at their own request, said Steve Schanes, JAMD president. The Frankels were out of town and unavailable for comment. Over the past 18 months, officials of JAMD and Federation have worked together to establish param- eters for the gift, which is in the form of a 2-1 challenge fund, Schanes said. To receive Buckman the full $20 million, JAMD and Federation must raise $10 million. In addition, the Frankels have estab- lished a separate fund to assist the school in providing tuition assistance. This second fund is in the form of a The JAMD choir sings at the school's rst graduation ceremony last June. $500,000 match on a dollar-for-dollar basis. Frankel is a real estate devloper and owner of Somerset Collection in Troy. Schanes praised the Frankels' "extraordinary com- mitment to the Academy" and said, "we're very excited about the partnership with Federation." Impressive Enterprise Located on the Eugene and Marcia Applebaum Jewish Community Campus in West Bloomfield, the independent co-educa- tional JAMD recently began its third year with 135 students. Last spring, the school graduated its first class, comprised of 21 students, and learned that it had received full accredi- tation from the Independent Schools Association of the Central States. "The Jewish Academy is a young and growing institution, growing more impressive with each academic year," said Lawrence Jackie; Federation presi- dent. About 60 percent of JAMD students are graduates of Hillel Day School of Metropolitan Detroit, the elementary day school associated with the Conservative Solomon Schechter move- ment. JAMD tuition is $13,750 plus a $500 book fee, with about 25 percent of the students receiving scholarship assistance. The new Tuition Assistance Challenge Fund established by the Frankels will allow the school to increase the number of students receiving scholarships, said Mark Davidoff, Federation chief operat- ing officer. "We know there are many families who do not explore the day school option because of worries about the tuition," he said. 'Any funds raised through the Frankel fund will be for new students, not replacement dollars." In addition to this new fund, Federation administers the Shiffinan Day School Tuition Fund and the Jewish Education Trust. Federation CEO Robert Aronson said the way both the $20 million endow- ment and the $500,000 scholarship fund were set up as matching gifts "helps the Academy get others involved in its future. "The burden is not borne by one family and the Federation, but by sup- porters," Aronson said, "and that's how the Frankels wanted it." El 11 /7 2003 17