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Marsha Cowan, CEO of Jewish Foundation of Manitoba

Steve Kroft presents Certificate of Appreciation to Edward Carriere Salon

Steve Kroft presents Certificate of Appreciation to Shiela Rabb

Margaret Redmond, CEO of Assiniboine Park Conservancy

Jewish Foundation Announces Goal of Doubling Women's Endowment Fund to $2 Million; Recognizes Shiela Rabb and Edward Carriere Salon

by Rhonda Spivak, June 17, 2013

 At the recent 2013 Women's Endowment Fund Luncheon at the Fort Gary Hotel, Marsha Cowan,  CEO of the Jewish Foundation of Manitoba,  noted that " the work the Women’s Endowment Fund does makes a real difference in people’s lives. "


She also announced a goal of  Doubling the Women's Endowment Fund to $2  million:

"Last year, we were able to share the exciting news with the community that the Women’s Endowment Fund had reached $1 million in total assets. It’s a wonderful milestone. We should all be proud.

 "But now – we move forward.  We are challenging ourselves to reach the $2 million mark. By ultimately doubling our assets, we will ultimately double our distribution which means that we wouldn’t have to turn down so many fine applications. In the most recent funding cycle, we were only able to fund 7 out of 11 applications, and able to distribute only one-third of the total money requested. We must do better, and we will do better.

"To launch the journey toward $2 million, we announced a Builders campaign last year. I am very proud to tell you that 58 women stepped forward with Builders gifts representing nearly $42,000. The Builders are listed on a page inserted in the program and many of our Builders are in the room today. I ask them to rise to accept our thanks".

Cowan also noted the philanthropy of Kiki Delaney: 

'While all gifts matter and we value all of our donors, I wanted to call special attention to Kiki Delaney of Delaney Capital Management in Toronto. Kiki has joined us this year as a first-time event sponsor with the Jewish Foundation of Manitoba and as a Women’s Endowment Fund Builder. Thank you, Kiki, for your enthusiasm, welcome to the Foundation family, and thank you for reminding us that there really is no such thing as a former Winnipegger."

Cowan summarized exciting news about the Foundation, and recognized the philanthropy of  Sheila Rabb and Edward Carriere Salon. As she said:

"Along with welcoming new donors, sponsors, and builders, there is much to be excited about at the Jewish Foundation of Manitoba.  Our capital contributions have now reached $80 million, a number that continues to grow at a rate of about $3 million annually in new assets; we are distributing about $3 million a year in grants, scholarships, and donor-advised contributions; our flagship Endowment Book of Life program has attracted more than 700 participants; we have weathered – and continue to weather – volatile financial times through careful stewardship of our assets; our Board and committees continue to attract leading lights in the community; and, I’m excited to tell you, that we will be celebrating our 50th anniversary, starting in June 2014 and ending in June 2015. Fifty years. Thanks to you, we’ve come a very long way.


"Without donors, sponsors, and volunteers – none of this happens. Every success enjoyed by the Foundation and indeed by any not-for-profit organization is powered by generosity, good will, and action. And when I think of generosity, good will, and action, Sheila Rabb and Edward Carriere Salon come to mind. It is our pleasure to recognize them today. I ask our President, Steve Kroft, to come forward to present our certificates of appreciation."

In giving out the certificates of appreciation to Shiela Rabb and Edward Carriere, Steve Kroft, President of the Jewish Foundation of Manitoba said:

"Today we are celebrating Builders, but without Founders, there can be no Builders. Sheila Rabb was one of the Women’s Endowment Fund’s original Founders in 1994. She has served on the Endowment Book of Life Committee and, along with her husband David, she is a signer of the Endowment Book of Life. In 2011, Sheila and David fulfilled their Book of Life commitment with Sheila designating funds to the Women’s Endowment Fund. She is an active grandmother and community volunteer who has shared her talents with CancerCare Manitoba, the Red Cross, the MS Society, the Chai Folk Ensemble, the Canadian Museum for Human Rights, the Health Sciences Centre Maternity Ward, Shalom Square, and Hadassah. Wow! But she might be most famous for her many years of work sending out tribute cards on behalf of National Council of Jewish Women. Sheila, thank you for your generosity, your sp

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Rhonda Spivak, Editor

Publisher: Spivak's Jewish Review Ltd.

Opinions expressed in letters to the editor or articles by contributing writers are not necessarily endorsed by Winnipeg Jewish Review.