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Banks Committee Seeks Quality Youth Programs

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Forty-one years ago Rachel and Sol Banks created a legacy for our community by establishing the Rachel B. Banks Youth Fund with a $100,000 donation. Creating this endowment was their commitment to support our community by ensuring that our Jewish youth had quality educational programs.

Innovative Proposals

Annually, Richmond Jewish Foundation seeks innovative proposals focusing on services that have the potential to meet the ever-expanding needs of our Jewish youth.

Rachel (OBM) and Sol (OBM) Banks.

The grants committee looks for grant submissions that focus on identified needs that are not being met. In most cases a grant proposal includes a shared financial responsibility between the organization requesting funding and Richmond Jewish Foundation’s Banks Fund.

June 1, 2021 Deadline

The committee is now accepting innovative grant applications through June 1, 2021, for funding beginning in the fall.

Last year $21,000 was awarded to support programs ranging from early learning to high school. The Weinstein JCC’s Early Childhood Department was awarded a grant for Family Club: Tikkun Olam (Making the World Better through Family Engagement) and the JCC also received a grant for Mitzvah Day to provide families the opportunity to teach their children about the importance of giving back, while having a positive impact on the lives of those on the receiving end of the service. Temple Beth-El’s Hebrew School received a grant to continue their One Tree, Many Branches Interfaith Friendship Club while Congregation Beth Ahabah received a grant to support high school juniors and seniors. And, BBYO was granted funds to help expand membership.

The Banks Fund is an example of a Field of Interest Endowment Fund at RJF. Rather than

naming a particular organization, Field of Interest Endowment Funds are created for a specified broad purpose. For example, RJF has Field of Interest Endowment Funds designed to support youth education, senior programming and Holocaust education. With this type of fund you can be assured that grants will be made to the best organizations following the criteria established when the fund was created.

At RJF there are many options for donors including donating to an existing fund like the Banks Fund or creating your own fund based on your passions and interests. For more information about choice, designation and special giving options call 804-545-8656 or e-mail robert@rjfoundation.org.

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