Yieldstreet Foundation Passover Fundraiser

Michael Weisz during Passover- Yieldstreet Foundation

Dear Friends,

I hope your family is healthy, safe, and adjusting to our temporary reality stemming from the impact of the coronavirus pandemic. I’m empathetic that most of us have been approached by family, friends, and our communities to help support those in need as a result of the virus’s economic blow to many around us. Kudos to you for stepping up! We are responsible to step up in a time of need and are blessed to be able to do so. I fear that this year, we will have many more people in need, as those who normally go to family for the holidays will not be able to this year.

As you are aware, there is a quiet charity project that is particularly close to my heart. It is now 18 years since I started cooking with Moshe – back in my school days! I have decided again to reach out to a few friends that I thought would appreciate being a part of this wonderful act of kindness.

The first $25,000 donated will be matched by the Yieldstreet Foundation!

Background 

25 years ago, a close friend of mine, Moshe Mosbacher, decided to convert his garage in Monsey (at home), into a commercial-grade kitchen and quietly cook meals for an initial 5 families in the NY and NJ area that couldn’t afford the exorbitant cost Passover presents. The effort has grown over the years, and we now cook for over 100 families! These families are often able to support themselves throughout the year but cannot absorb the additional cost for Pesach.

Passover is days away. This year, Moshe will be cooking ~13,500 (although, I expect we will be closer to 15,000) meals for these families . The project will cost approximately $155,000 (not including the coronavirus-related increase) and is undertaken by a small group of generous individuals like yourself. 

In addition to monetary donations, there are many in the food business that have donated (or provided discounted pricing on) raw ingredients such as meat, onions, potatoes, and fish, which all help to bring down the cost per meal.  

Project Breakdown (estimate)    

Number of families140
Average family size8
Meals per person12
Total meals:13,440
Cost per meal$11.50
Cost per family for Pesach$1,104
Total project cost$154.5K

In the past, many have enjoyed participating in-person to help cook. Unfortunately, this year, we will not be open to volunteers in an effort to meet social distancing requirements and hopefully #FlattenTheCurve.

Passover will undoubtedly be different this year. We will all be home and most likely with fewer people than we’d hoped – but we are healthy and will have a beautiful table setting. Let us all be thankful for that. Thank you so much and have a wonderful Passover!

Please click here to be directed to a PayPal page for the Yieldstreet Foundation

Sincerely,

Michael

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