Teen Tzedek Application
Each teen starts with an initial contribution to their fund. The Kranzberg Family Foundation contributes an additional gift to achieve an even greater opening balance. There are two options to open your account:
Option A: Contribute $200 to start your fund, and the Kranzberg Family Foundation will contribute $300, for an opening balance of $500.
Option B: Contribute $100 to start your fund, and the Kranzberg Family Foundation will contribute $150, for an opening balance of $250.
You can only receive an opening gift from the Kranzberg Family Foundation one time – meaning you cannot choose option B and then decide later to add another $100 to the account and receive more matching funds from the Kranzberg Family Foundation. This is a one-time opening contribution and gift. After you open the account, you are welcome to make additional contributions at any time (must contribute at least $18 per year for account to remain current).
For an individual account to remain current, the fund holder must make their annual allocation and make an annual principal contribution of at least $18.
To sign up, parents and teens should complete this form together.