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Welcome to the Adele Katz Endowment for the Arts!

 

Who was Adele Katz?

     Born April 21st, 1921 she was an avid music and art lover. She was also an artist, mother, grandmother and great grandmother. She was well known in her Brooklyn neighborhood for taking groups of kids to theater productions, concerts and other artistic events who would never have been able to otherwise attend. She organized these activities because she believed that the arts and culture were a necessary element of education of which everyone should be a part.

     I have created this memorial fund in her honor and structured it so your one-time gift will go on to generate donations and grants for many years to come and allow deserving applicants from every avenue of the artistic community to continue their work. Also we DO NOT take ANY compensation from the fund, everything stays in the portfolio or is distributed to the community.

     In our first quarterly report I explain everything that allowed the number of donations we made to take place. Click below to see everything we did and keep to reading to see our exciting new project we are working on with the Albuquerque Figure Skating Club. 

I want to show everyone how this fund can eventually be made into a viable engine for the arts where good things are done on both sides of the portfolio.

Grandma Adele and me, 2015.

What are we working on right now?

Figure Skating

For the love of figure skating.

We are currently collaborating with the Albuquerque Figure Skating Club to install a jump harness on Outpost Ice Arena's south rink. 

A jump harness is a robust tool used to aid in teaching figure skaters axel, double and triple jumps. It allows a coach to teach precise jump technique whilst minimizing injury risk to the skater.

This project is in-line with the values of the endowment because it will allow kids growing up in Albuquerque to have and accomplish their goals in the skating world. 

 

For many years the arena has provided a safe space for many children to express their creativity with like-minded peers. This simple piece of technology is a very important element in allowing every bit of creativity to be nurtured at the arena. The harness  also adds appeal for figure skating coaches and opportunities for the arena itself.

progress:

$1050

$3950

Donations We Have Made:

Date
Organization Name
Donation Amount
10/27/2020
New Mexico Advocates For The Arts
$50
10/16/2020
Muse Brooklyn
$100
10/1/2020
Mesilla Valley Children's Theatre
$100
8/14/2020
AirDance New Mexico
$100
8/14/2020
Horns in Hand Instruments for Students
$100
6/18/2020
Bold Futures NM
$100
6/10/2020
Horns in Hand Instruments for Students
$100
6/10/2020
Locker 505 Student Clothing Bank
$100
5/27/2020
Chicago Children's Choir
$50
5/26/2020
New Mexico Art League
$100
5/19/2020
New Mexico Musicians Relief Fund
$90

What does the endowment own?

The funds that get absorbed into the portfolio are currently diversified between the following equity holdings:

Company Name
Stock Symbol
Arbor Realty Trust
ABR
Global X Education ETF
EDUT
Waste Management, Inc.
WM
Barrick Gold Corporation
GOLD
Kraft Heinz Company
KHC
Impact Shares NAACP Minority Empowerment ETF
NACP
TIAA-CREF Core Impact Bond Fund
TSBRX
Credit Suisse X-Links REIT ETN
REML
Black Rock Clean Energy ETF
ICLN
Australia/New Zealand Banking Group
ANZBY
Morgan Stanley
MS