Brett and Brooke David of Prestige Imports put together an amazing event, Ride2Revive, which provides children, who are undergoing medical treatment for life-threatening diseases, with memorable, adrenaline filled driving experiences meant to distract them from their health related struggles and revitalize their senses. The Finker-Frenkel Foundation was honored to be one of the sponsors of this amazing and impactful event.
Find out more about Ride2Revive…Find out more about Ride2Revive…
Through a significant gift, the Finker-Frenkel Legacy Foundation created the Business Plan Competition Endowed fund, which will forever finance the annual University of Miami Business Plan Competition, hosted by the School of Business. The foundation’s gift also financed renovations of the School’s outdoor gathering and study space, which was dedicated Nov. 14 as the Finker-Frenkel Family Promenade.
Now in its 16th year, the Business Plan Competition awards nearly $50,000 in prize money annually to University of Miami students and alumni to help them launch or grow startup ventures. “My family came here 25 years ago with $100 in their pockets and were able to build a major multinational business because of their entrepreneurial spirit and the environment this country has provided to them,” said Eugene Frenkel (MBA ’12), co-director of the Finker-Frenkel Legacy Foundation and CEO of Legacy Group of Companies. “The entrepreneurial spirit is extremely important, and we want to foster those values and create that environment for the students at the U,” he added as he addressed a crowd that included University of Miami President Julio Frenk, School of Business Dean John Quelch and several past Business Plan Competition winners.
Students whose lives were changed by the Business Plan Competition include David Gantt (BBA ’18) and Chester Montefering (BSIE ’18), cofounders of Therion PC. Last year, they won the $10,000 Grand Prize in the undergraduate student category for their idea to build and market water-cooled PCs to gamers. Gantt and Montefering used their winnings to diversify their product line and build more powerful computers, and now they’re working on a website where they will sell their products. “The computers we are building are expensive, and I don’t have $5,000 in my back pocket to put into this,” Gantt said. “We’re designing the computers from the ground up, and that takes trial and error. The money allowed us to go all out in the design process to make it look as cool and be as powerful as possible!”
During the dedication, Frenkel shared that his favorite addition to the Finker-Frenkel Promenade is an oversized screen – one of the largest at a business school in the U.S. It will carry live feeds from Storer Auditorium, among other uses. Standing in front of the screen, he reminisced about his days as a student, singling out his favorite professor, Anuj Mehrotra, the School’s senior vice dean, vice dean for faculty development and research and Leslie O. Barnes Scholar and professor of management science. Mehrotra later told the crowd: “As a professor, I take great pride in his success, and this gift is particularly impactful because it supports student ideas and innovations.”
Dr. Lazar Finker and his wife, Dr. Raissa Frenkel, have always been passionate about giving back to the community, whether locally or half a world away. Their organization, the Finker-Frenkel Legacy Foundation, is committed to making an impact by supporting causes in multiple fields such as medical research, education, religious development, and children’s welfare.
With this in mind, the Foundation’s donation to Solomon, a Jewish Community Center in Moscow, is logical, given the couple’s heritage and previous charity work with other Jewish organizations. The funds that they provided went toward providing repairs, food, and clothing to Beit Chaya, a Jewish children’s home.
With the contribution, Beit Chaya was able to renovate an entire floor of rooms and help give orphaned children a better life. Solomon recently contacted the Foundation with news on how its donations had improved the facilities, including pictures of the updated home and a bio on one of the many children that reside there.
The floor that the Finker-Frenkel Foundation improved is home to younger residents, including Artem, a four-year-old whose life has been touched by the home.
After spending his first few years locked in an apartment with his alcoholic mother, Artem found a home at the Beit Chaya, and has now become much more open to exploring its hallways and interacting with others. It is Raissa and Lazar’s sincere hope that other children like Artem can find happiness with the help of philanthropy.
The couple, along with the rest of the Foundation, is excited to continue to support their home country of Russia and to see what positive change can come about as a result of their giving.
The Finker-Frenkel Legacy Foundation recently sponsored the Village of BalHarbour 5k Run,benefitting the Mount Sinai Comprehensive Cancer Center – a nationally recognized, award-winning facility that utilizes a collaborative multidisciplinary approach to diagnosing and treating a broad range of cancers.
On Oct. 16, nearly 150 entrants took part in the race to raise both money and awareness for Mount Sinai and cancer research. This year’s event, co-hosted by the Village of Bal Harbour and the Bal Harbour Police Department, raised $5,620 to help Mount Sinai’s mission to provide high quality care to the Bal Harbour community enhanced through teaching, research, charity care and financial responsibility.
While the weather wasn’t the most cooperative on race day, runners still enjoyed scenic beach views throughout the 3-mile course that began on 96th Street and headed under the Haulover Bridge along the beach pathway and the Town of Surfside before returning to the BalHarbour City Hall.
The Finker-FrenkelLegacy Foundation is dedicated to creating a family-run legacy of like-minded philanthropists joined in the commitment to making an impact by supporting causes in multiple fields such as medical research, education, religious development and children’s welfare. With countless communities in need of support for the less fortunate and ill, the Foundation supports a wide array of organizations that fall in line with the philanthropic vision and values of the Finker-Frenkel family, whether it is funding ground-breaking research or helping a family put a child through school.
The Foundation has a long-standing relationship with Mount Sinai and knew it would be a great opportunity to support the local cancer center while raising community awareness at the same time.
In 2016 alone, it is estimated that nearly 1.7 million new cases of cancer will be diagnosed and nearly 600,000 people will succumb to the disease. The money raised during events such as the Village of Bal Harbour 5k Run allow facilities like Mount Sinai to provide the care and research needed to eradicate such debilitating and deadly diseases.
The Village of BalHarbour 5k Run was completely underwritten by the Finker-FrenkelLegacy Foundation, so 100-percent of the proceeds went directly back to the Mount Sinai Comprehensive Cancer Center. The Finker-Frenkel Foundation looks forward to sponsoring future events and leading the charge in providing the local community with the knowledge necessary to become advocates for those affected by cancer.
By Chabad on Campus
Over 250 People Attend Chabad of Southside’s Groundbreaking Event for New $2.9 Million Dollar Center
This past Sunday, September 18, over 250 people attended Chabad of Southside’s Jewish Life Center for a groundbreaking event that marked the beginning of construction on their new, 10,000 square-foot religious hub.
The Chabad of Southside’s Jewish Life Center, a cultural and religious hub that provides the Jews of the local universities and community of Jacksonville with weekly Sabbath meals, prayer services, and social events, hosted a groundbreaking event on September 18th to mark the beginning of construction of their new facility. Over 250 people came out in the 90°F heat for the occasion, including Republican Nominee for US Congress, John Rutherford, and recently elected member to The House of Representatives, Clay Yarborough.
The 10,000 square-foot structure will be equipped with a student lounge, a library, a full-featured kosher kitchen for Shabbat and holiday meals, a kosher café, a dining hall, an activity room, and a preschool. The center is the first synagogue to be built in Jacksonville in this century and will be the first kosher establishment available to Jewish students. The new building will carry a hefty $2.9 million dollar price tag, and cornerstone donations have been made by couples Lazar and Raissa Finker-Frenkel and Dinie and Ryan Shapiro, who all attended the Sunday event, as well as Moris & Lillian Tabacinic, who were unable to be present. Eugene and Brooke Frenkel, of the Finker-Frenkel Foundation, who have been so instrumental in this project’s success, we’re also in attendance
Part of the necessity for a larger building comes from the desire of Rabbi Shmuli and Chana Novack, who founded the Lubavitch center in 2006, to expand their efforts to reach out to the more-than 1000 Jewish students who attend the neighboring schools, the University of North Florida (UNF), Florida State College, and Florida Coastal School of Law. The Chabad house is the only full-time Jewish center available to UNF students.
Chabad on Campus began through an initiative by the Lubavitcher Rebbe, Rabbi Menachem Schneerson, of blessed memory, to send Jewish emissaries, or Shluchim, around the world. It is a rapidly expanding network of over 235 centers serving colleges and universities globally. It represents the largest network of full-time professionally staffed Jewish campus centers in the world.
“It was my first week of school and I was walking around campus when something caught my attention,” said UNF graduate, Steven Bigio, who flew in to emcee the event. “There were two Jewish rabbis, grilling under a tent, chatting with some people. Even though I was a very shy freshman, I approached them and they immediately treated me as if they had known me for a very long time. That moment was pivotal to my education at UNF and indeed to my future. Looking back at that first kosher BBQ, I am amazed at how it continues to positively impact my life, even 10 years later.”
Said Rabbi Novack: “The Lubavitcher Rebbe, whose continuing inspiration is plainly evident here today, met a depressed Jewish world when he assumed leadership. The Nazis had just destroyed one third of the world’s Jewish population and a revival of passionate Jewish Life was seen as fantasy of wild proportions. But the Rebbe was an optimist and used the transformational power of positivity to establish Chabad Centers, like this one, to shift the trend from Jewish apathy to Jewish pride and passion. This event today is another step of the Rebbe’s mission of spreading goodness and kindness in order to create a better, more compassionate world.”
His words had added poignancy when he called attention to Jacksonville resident, Esther Sauer, who escaped the Nazis as a young girl and was present to witness this proud expansion of Jewish life.
By Lauren Comander | Business Miami
FINKER-FRENKEL FOUNDATION ANNOUNCES SCHOLARSHIPS
The Finker-Frenkel Foundation, with director Eugene Frenkel (MBA ’12), has established two scholarships with a $125,000 gift to the School. For each of the next five years, the Finker-Frenkel Foundation Non-Endowed Scholarship Fund will provide a $5,000 scholar- New Endowments, Dedication Campaigns at the School of Business By Lauren Comander ship to an undergraduate junior in the School of Business, based on financial need and merit. At the same time, the Foundation has begun to build the Finker-Frenkel Foundation Endowed Scholarship Fund, which will grow and become a permanent endowed award.
“A significant portion of my success today is thanks to the education I received at the University of Miami, and the goal of this scholarship is to give students who might not have the opportunity for an education there to experience it,” Frenkel says. “The University is the pillar of our community, and we are very excited and confident that our relationship is going to continue to grow and expand.”
The family-run Finker-Frenkel Foundation aims to eradicate neurological diseases and believes one way to do so is by supporting educational empowerment. The foundation and Frenkel have long been involved in and supportive of different areas of the University, including a $100,000 pledge to the University’s Bascom Palmer Eye Institute.
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