PHILADELPHIA (Apr. 8)
A project of little more than two months’ duration has resulted in a potential minimum of $6, 325, 000 for the Federation of Jewish Agencies and its constituent agencies through the acquisition of more than 300 subscribers to the “Binswanger Plan, ” it was announced today by Edwin Wolf 2nd, president of the Federation. The plan was named for Frank G. Binswanger, chairman of the Federation’s Legacies and Grants Committee.
The “Binswanger Plan” is the signing of a letter of intent in which the signer agrees to include Federation or any of its constituent agencies or services in the planning of his estate through various methods. The Legacies and Grants program does not compete with present day giving because we are asking for the money to be given after the contributor’s estate is settled,” said Mr. Binswanger.