WOMEN'S HEALTH PROFESSIONALS Drs. Donald Blitz, Robin A. Blumer, Leslie Lafer & Renee Horowitz are pleased to announce their new associate, CREATIVE CARING from page 17 Michelle D. Wolfe, M.D. Dr. Wolfe accepts most insurances and is now accepting new patients. Day er evening hours are available. Obstetrics • Gynecology Adolescent Medicine • Menopause Menstrual Disorders • Infertility In Office Osteoporosis Testing (248) 948-1990 WILLOW OAK PROFESSIONAL MALL 25865 W. TWELVE MILE Raw, SUITE A-101 SOUTHFIELD, MI 48034 917740 LEASE PULL AHEAD GMAC LEASES EXPIRING BETWEEN NOVEMBER 1ST, 2004 AND JULY 31ST, 2005. 2005 DEVILLE S 4112 + Tax tak $0 DOWN HURRY IN FOR BEST SELECTION! 2005 CTS $384°Z. Tax $0 DOWN AUDETTE BREAK '„"*7 !THROUGH 7100 Orchard Lake Rd. West Bloomfield 12/10 2004 18 www.audettecadillac.com 1-888-920-5417 Mon. & Thurs. till 9; hies., Wed., Fri. till 6 Must qualify for GMS. **413 mos. + tax. $943 due on CTS, $1,007 due on Deville. w/approved credit. 917150 Mindy and Scott Eisenberg of Franklin with children Julia, 11, and Noah, 8. income — endowments, says Stacey Crane, Jewish Community Endowment Fund director. "While we spend the funds raised by the Annual Campaign now, endowments look to the future," she says. Both the Jewish Community Endowment Fund and the Annual Campaign contributions are impor- tant. Endowments provide for Federation's future campaigns and for the long-term needs of the community, says Crane, who had her own CPA practice and volun- teered at Federation for 15 years before she was tapped to be endowment director. Crane explains that one critical endowment vehicle is a PACE (Per- petual Annual Campaign Endowment) fund, a permanently restricted fund, which means the principle is never touched, but the income from it goes to the Annual Campaign every year. This year, PACE income funded about 8 percent ($2.7 million) of the total ($34.4 mil- lion) Annual Campaign. PACE funds are about protecting Federation's Annual Campaign in the future, Crane says. "It creates a campaign gift in the donor's name forever." Donors may also choose to create endowment funds to support specific needs such as senior services and education. In the fiscal year that ended May 31, 2004, Federation's endowment fund raised more than $45 million, over and above Federation's Annual Campaign achievement, Crane says. In the big picture, the Jewish Community Endowment Fund stands at $320 million — with most of these funds restricted as to use but the income of the PACE funds going into the Annual Campaign. "You don't have to be a millionaire to start an endowment," Crane adds. A fund could start for as little as $5,000. "With everyone doing their part, our Jewish community would be in a much more secure position," she says. Back at the phon-athon where volun- teers are beginning the process of gain- ing pledges for the upcoming year — and ending the 2004 Campaign — one volunteer says plainly what she'd like people at the other end of the line to do: "Take the call, increase the pledge; it makes you and us feel good," says Iris Rosen of West Bloomfield, a volunteer for the past five years. "It makes you proud to be Jewish." Marion Freedman adds, "Realize that this gift touches the most Jewish lives because its support goes everywhere — locally, to Israel and overseas."