Boris Mizhen is Satisfied With the Planning Of the Charity PACE Family Fund

There are various ways a donor can establish a PACE fund

New York, NY - March 26, 2020 /MarketersMedia/ —

Boris Mizhen, property investor, has sponsored the Jewish Foundation of Greater New Haven for a long time. The ‘’PACE’’ fund was created to ensure that the organization’s mission can be carried on. PACE is a trust that offers necessary financial assistance every year for the program to be able to go on according to plan. There are various ways a donor can establish a PACE fund, and can do so in the method that is most convenient. Usually it is achieved through a bequest, life insurance, charitable remainder trust, outright gifts of cash or property, transfers of securities, or through other arrangements, often with tax benefits.

“The PACE endowment fund is a unique financial device which helps provide peace of mind at the start of each fiscal year,” said Boris Mizhen. “I’m pleased to be able to help the Jewish Foundation feel a little bit more secure so they don’t have to worry about economic uncertainty disrupting their work. I’m very grateful to be in a position to assist them with their efforts and I encourage everyone who has the means to donate to consider a PACE gift”.

The minimum contribution to a PACE fund is $10,000. However, in recognition that not everyone is in the economic position to make such a generous contribution, the Jewish Federation also provides an opportunity for anyone to have their name listed on the Federation’s Honor Roll through the Community PACE fund. The Community Fund contribution is a minimum of $100 which gets pooled with other individual donations to strengthen their shared potential. The annual gifts help to source activities like Jewish education, schools, camps and care for the elderly Jewish community in the New Haven area. Additionally, the Foundation welcomes people from various different backgrounds and cultures who may be seeking assistance. One innovative local program is their “Jacob Fund” which provides food in a dignified and discreet way to families suffering financial discomfort, whether from loss of employment, illness or other unforeseen events. Between $50 and $100 per week is allotted to families through special gift cards that may be used at partner supermarkets around the New Haven area.

Formerly a longtime resident of Guilford, Connecticut, Boris Mizhen now resides in New York City. He works in the real estate sector striving to improve the quality of housing for people of all economic backgrounds. Mizhen gives considerable time and energy to the Boris Mizhen Family Trust in support of a multitude of local and national charities and other non-profit organizations like Jewish Foundation of Greater New Haven. He has earned a respectful reputation by assisting residents displaced by gentrification, and his work in making neighborhood transitions easier.

Boris Mizhen - Property Developer and Philanthropist: http://borismizhennews.com

Boris Mizhen (@bmizhen) - Twitter: https://twitter.com/bmizhen

Boris Mizhen - Facebook: https://www.facebook.com/bmizhen

Contact Info:
Name: BMN
Email: Send Email
Organization: BorisMizhenNews.com
Website: http://borismizhennews.com

Source URL: https://marketersmedia.com/boris-mizhen-is-satisfied-with-the-planning-of-the-charity-pace-family-fund/88951226

Source: MarketersMedia

Release ID: 88951226

More News From Money - Morning Dispatcher

Sultan Qaboos bin Said, who modernized Oman, dies at 79

Apr 2, 2020

DUBAI, United Arab Emirates — Oman’s Sultan Qaboos bin Said, the Mideast's longest-ruling monarch who seized power in a 1970 palace coup and pulled his Arabian sultanate into modernity while carefully balancing diplomatic ties between adversaries Iran and the U.S., has died. He was 79. The British-educated, reclusive sultan reformed a nation that was home to only three schools and harsh laws banning electricity, radios, eyeglasses and even umbrellas when he took the throne. Under his reign, Oman became known as a welcoming tourist destination and a key Mideast interlocutor, helping the U.S. free captives in Iran and Yemen and...

On streets of Tehran, relief for now at no wider conflict

Apr 2, 2020

TEHRAN, Iran — Iranian newspapers proclaimed the country's attack on U.S. forces in Iraq to be "a dark night for Americans," and Washington's "first admission of failure in history." On the bustling streets of Tehran, however, there was relief Thursday that neither side appeared primed for war. “War is not something like the ‘Call of Duty’ game," said Dara Shojaei, a 23-year-old architecture student. “It's not a game you can play to win. There's no winner.” But with the relief came some mixed feelings about how far Iran should go to avenge the killing of Revolutionary Guard Gen. Qassem Soleiman,...

Soleimani, a general who became Iran icon by targeting US

Apr 2, 2020

TEHRAN, Iran — For Iranians whose icons since the Islamic Revolution have been stern-faced clergy, Maj. Gen. Qassem Soleimani widely represented a figure of national resilience in the face of four decades of U.S. pressure. For the U.S. and Israel, he was a shadowy figure in command of Iran's proxy forces, responsible for fighters in Syria backing President Bashar Assad and for the deaths of American troops in Iraq. Solemani survived the horror of Iran’s long war in the 1980s with Iraq to take control of the Revolutionary Guard’s elite Quds Force, responsible for the Islamic Republic’s foreign campaigns. Relatively...

Yemeni town thrives on extortion and torture of migrants

Apr 2, 2020

RAS AL-ARA, Yemen — Zahra struggled in the blue waters of the Gulf of Aden, grasping for the hands of fellow migrants. Hundreds of men, women and teenagers clambered out of a boat and through the surf emerging, exhausted, on the shores of Yemen. The 20-year-old Ethiopian saw men armed with automatic rifles waiting for them on the beach and she clenched in terror. She had heard migrants' stories of brutal traffickers, lurking like monsters in a nightmare. They are known by the Arabic nickname Abdul-Qawi — which means Worshipper of the Strong. "What will they do to us?" Zahra...

Saudi energy minister: Saudi Aramco's public offering 'soon'

Apr 2, 2020

RIYADH, Saudi Arabia — A planned stock offering of a small part of state-run oil giant Saudi Aramco "will come soon" and only at the direction of Saudi Arabia's crown prince, the kingdom's energy minister said Wednesday, further underlining the power of the 34-year-old royal. The minister, Prince Abdulaziz bin Salman, did not address reports that Aramco shares will begin to be traded on Riyadh's Tadawul stock market in December, but like Aramco itself, he did not dispute the initial public offering dates reported the day before by a Saudi-owned satellite news channel. However, there have been repeated delays to...

About Us

Get all the up-to-date breaking news about politics, business, entertainment, sports, lifestyles, weather, traffic, and local news in a seamless digital environment only in Morning Dispatcher.

Contact us: sales[at]morningdispatcher.com

Subscribe Now!

Quick Links

HomePress