2008 annual report
DESCRIPTION
The Foundation's annual report summarizes our activities for the January-December fiscal year 2008, including financial reporting on total assets, gifts received and grants distributed, as well as features about our donors and our grantmaking.TRANSCRIPT
“vision”
“solutions”
“partner”
Martin Neumann
Janet and Jake Farber
Elizabeth Goldhirsh-Yellin and Eric Yellin
The Jewish CommuniTy FoundaTionoF Los angeLes
2008 ANNuAl REPoRtAnnual Report for the year ended December 31, 2008
A cornerstone of Southern California philanthropy, the Jewish Community Foundation of Los Angeles helps families and individuals achieve their charitable goals while strengthening
our community in partnership with the nonprofit organizations and causes they support, today and for future generations.
The close of 2008 marked the culmination of Cathy Siegel Weiss’s four years as TheFoundation’s Chair. Cathy, who became a trustee in 1994, employed thoughtful judgment,
keen intellect, and a positive attitude as she guided The Foundation through periods of growth as well as challenge. She passes the gavel to Lorin Fife, who is a long-time trustee himself,
an inspiring leader and passionate supporter of The Foundation and its goals. We arefortunate to count Cathy and Lorin among our Foundation family.
Strengthening the Community Since 1954
Responding to current needs:To help alleviate economic hardship among members of the Greater Los Angeles Jewish community, The Foundation distributed $1 million in grants for critically needed emergency services such as food, employment and mental health counseling, interest-free loans, and tuition assistance, through the five-agency collaborative Jewish Family Relief Network ($750,000) and the Jewish Federation’s Emergency Cash Grants Initiative ($250,000).
Building community for the future:A $1 million commitment over five years to JTN Productions will support the development of Virtual JLA, a content-rich Internet site that will showcase programming from Southern California’s leading Jewish institutions, creating access to Jewish knowledge, prayer, celebration, and community while reaching out to Jews and non-Jews of all ages and backgrounds locally, nationally, and internationally.
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Lorin M. FifeChair
Marvin I. SchotlandPresident & CEO
At no time in our 55-year history has the Jewish Community Foundation’s enduring strength and constancy been in greater evidence—or its fabric more strenuously tested—than during 2008. We are gratified to report that, owing to a vast reservoir of goodwill and the commitment of our donors, lay leadership and professional staff alike, we provided steadfast support to our various constituencies—in circumstances when it was required most.
While the broader economy continues to be challenged, our capacity for caring remains high. Last year, The Foundation distributed more than $65 million in grants to meet critical and emerging needs in both the Jewish and general communities. Likewise, we and our donors established and maintained funding for an array of promising new initiatives, seeding and supporting creative approaches that foster engagement, social change, and betterment of the world, among other ambitious objectives.
Our solid financial base, with a precedence placed upon diversification and long-term stability, enables The Foundation to remain squarely focused on its core mission and leadership role in Los Angeles’ philanthropic community. As of December 31, 2008, total assets equaled $690 million, which includes $85 million of additions made to funds administered by The Foundation last year. There is no greater testament to the generosity of our donors—both new and existing—or to their confidence in our charitable-asset stewardship than this demonstrated strong commitment to philanthropic giving.
In turn, in a period of unprecedented need, the agencies that depend on us derive considerable comfort that we are a source of support in an environment where funding options narrow. Though we remain a pillar—both financially and philanthropically—our Foundation is not insulated from the uncertainties roiling the capital and credit markets. The sharp downturn in the Dow Jones Industrial Average and the S&P 500 last year impacted the value of our Common Investment Pool (CIP), although The Foundation’s returns—including the loss from the Bernard Madoff fraud—outperformed both of those major indices. By contrast, our clients’ Donor Advised Funds, invested for liquidity and flexibility exclusively in U.S. Treasury and other government instruments, returned 3.8 percent last year.
There is no doubt that pressing needs in our community, which have grown only more pronounced since the close of 2008, will not quickly ease. Even as we, our donors, and grantees mobilize to address these urgent needs, there is a prevailing sense of optimism and hope about the future, in part due to the good works of so many whom we are fortunate to view up close on a daily basis.
The precept of tikkun olam is a tall order, but one accepted by our donors with a sense of profound obligation and commitment. In that same vein, we are honored to serve these donors and funders who have entrusted their charitable legacies to The Foundation.
Letter to the Community
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Janet and Jake Farber’s names are synonymous with philanthropy. For more than 60 years, the Farbers have strengthened the Jewish community locally and in Israel through their generous support of Jewish education, continuity, and youth. Among numerous leadership roles they’ve held, Janet was chair of the Bureau of Jewish Education and Jake served as chair of the Los Angeles Jewish Federation, where he learned about the benefits of creating a charitable fund at The Foundation. Although they had their own private foundation, it was an administrative headache, so they ultimately dissolved it and created a Donor Advised Fund at The Foundation. Reflecting on the economic challenges of 2008, Jake says, “Thankfully, we had previously established a fund at The Foundation. We put assets in during good years, so when we recently needed to give some money away, we could. The Foundation has been very helpful to us. The service has been excellent, and they’ve invested our money very, very wisely.”
“Having a fund at The Foundation minimizes our worries.
It’s a much easier way to give charity and simpler than having our own foundation.
We would advise everyone philanthropically minded to partner with the
Jewish Community Foundation. They’ll be really happy.”
Janet and Jake FarberFoundation Donors
Janet and Jake Farber
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Elizabeth Goldhirsh-Yellin and Eric Yellin are deeply passionate about Israel. “The core of Jewish life, of the Jewish people, emanates from Israel,” they say. Through their private family foundation, they support numerous causes in Israel that foster a better understanding and exploration of ancient Jewish history, archeology and religion. As newcomers to Los Angeles in 2008, Elizabeth and Eric were searching for help in becoming better philanthropists. “We want our foundation to be the most effective foundation it can be,” they explain. They quickly connected with the Jewish Community Foundation and its Family Foundation Center. “We leveraged the expertise of the Family Foundation Center for a major archeological park development project in Jerusalem that we’re funding. We’ve never done anything of this scale, and the Center shaped our grant agreements, established key goals and measurements, and managed other administrative matters. The Center is assisting with other projects as well, and they’ve been a huge help.”
“Working with The Foundation makes us much more effective donors.
The Foundation ensures our grant money is being properly spent, helps us
shape our vision, and has introduced us to other like-minded philanthropists.
They’re a great resource to have on your side to
navigate the challenges of philanthropy.”
Elizabeth Goldhirsh-Yellin and Eric YellinPhilanthropists and Family Foundation Center Clients
Elizabeth Goldhirsh-Yellin and Eric Yellin
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“The Foundation’s grant has been vital. It gave us the ability to develop new programs,
gain instant credibility with other organizations, and
attract new supporters. Thanks to The Foundation’s support,
our efforts have not missed a beat despite the economic downturn.”
Sam YebriPresident, 30 Years After
Several young, committed, and passionate Persian Jews saw a need to increase participation of fellow Iranian Jews in civic affairs and boost involvement in the greater L.A. Jewish community. They pitched their idea to The Foundation, and in 2008, a major seed grant helped a new Jewish civic action organization— 30 Years After—come into being. In just the first year, several thousand young people have attended more than 25 events hosted by 30 Years After, including an all-day, civic action conference that featured politicians, activists, and Jewish community leaders from throughout Southern California. 30 Years After now serves as the bridge organization between the Iranian Jewish community and the greater American Jewish community. “As a result,” says Sam Yebri, president of 30 Years After, “many young Persian Jews are connecting with the larger Jewish community, joining other Jewish organizations, and becoming more engaged in local civic affairs than ever before.”
The leadership of 30 Years After: Raymond Zolekhian, Jason Massaband, Sam Yebri, Debbie Farnoush, Jonathan Yagoubzadeh
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The Simon Wiesenthal Center, established in 1977, is dedicated to preserving the lessons of the Holocaust and to fostering tolerance and understanding. Critical to that mission, says its founder and dean Rabbi Marvin Hier, is “building strong relationships with our neighbors.” In 2008, to support the Center’s efforts with Southern California’s rapidly growing Latino community, The Foundation provided major seed funding for Jewish Student Leadership for a Diverse World, a training program for Jewish high school and college students to promote cooperation between the L.A. Jewish and Latino communities. Participants become ambassadors representing the Jewish community to the larger world. Also in 2008, the Center’s Museum of Tolerance undertook a major renovation, including building a new 8,500-square-foot, high-tech, interactive Youth Action Lab—funded in part by a Foundation grant—to create a comfortable place for elementary school children to visit. “Thanks to The Foundation’s support, we’re now reaching all age constituencies, which is very important for us,” says Hier.
“The Foundation’s grants have been critical to the Wiesenthal Center and
Museum of Tolerance. They go to the heart of what we’re all about and certainly
came at a very important time for us, especially with the financial crisis in 2008.
For us, The Foundation’s support has been historic.”
Rabbi Marvin HierFounder and Dean, Simon Wiesenthal Center and the Museum of Tolerance
Rabbi Marvin Hier
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“I refer my clients to The Foundation because I know they’ll be in good hands.
The Foundation responds to what donors want. They keep donors
informed and educated, and they appreciate their donors.
I love The Foundation’s professionalism and the fact that
everything goes smoothly.”
Jane PeeblesPrincipal, Karlin & Peebles, LLP
As a principal at Karlin & Peebles, LLP, Jane Peebles advises clients on domestic and international estate and charitable planning matters. With more than 25 years of experience, she is a frequent presenter at The Foundation’s Professional Advisors Speaker Series. “The Foundation works well with professional advisors, helps philanthropists achieve their goals, and seeds and nurtures numerous nonprofit causes,” she says. “They cover the entire spectrum, and do it very effectively.” Jane does a lot of international charitable work and turns to The Foundation for support. “The Foundation is so knowledgeable about programs in Israel—they match donors’ passions with specific projects and maximize the impact of grants.” In 2008, Jane faced a challenging estate planning assignment for a client. “In the past, I have worked on some difficult gifts to structure and The Foundation has delivered creative solutions. This time, they shed new light on the problem and provided a great solution for my client. Their help was extraordinary.”
Jane Peebles
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Martin Neumann is a trusts and estate planning expert, with more than 30 years’ legal experience under his belt, including 22 years teaching the topic at UCLA Extension. He’s a member of the trusts and estate planning law firm of Weinstock, Manion, Reisman, Shore & Neumann, and is also a High Holiday cantorial soloist at his synagogue, Sinai Temple. “People are tremendously concerned about what is going to happen to their wealth as it passes to succeeding generations. They’re not only concerned about saving taxes but preserving their family situation when they’re gone,” says Martin. In 2008, a client desiring to leave a sizeable portion of a large estate to charity wanted to get family members more involved. The solution? A Family Support Organization at The Foundation. “My client was thrilled with it,” says Martin. “It was easy, painless, and very appropriate for them. I would not have come up with this solution without The Foundation’s help.”
“The Foundation is an invaluable source of information and expertise.
The staff members are easy to work with, respond in a timely fashion,
and know how to structure solutions for my clients.
I have come to rely on them a lot.”
Martin Neumann Partner, Weinstock, Manion, Reisman, Shore & Neumann, a Law Corporation
Martin Neumann
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At the close of 2008, the Jewish Community Foundation’s assets totaled $690 million, a decrease of 13 percent compared to $797 million in 2007. This decline was primarily driven by the near collapse of the capital markets in 2008. In contrast, our donors came forward to make 2008 one of our top five years for contributions.
The Foundation has deepened its commitment to serving the community in this time of heightened need. In 2008, over $65 million in grants were distributed to more than 1,840 organizations. This vital charitable giving made substantial impact across the entire spectrum of our community.
Donor GiftsDonors contributed a total of $85 million to funds administered by The Foundation in 2008, through a range of options—
including Donor Advised Funds, Family Support Organizations, Endowment Funds, Agency and Synagogue Endowments, and Life Income Funds. This increase is particularly noteworthy considering the severe economic downturn.
Contributions to new and existing Donor Advised Funds amounted to $64 million. This helped to raise total assets held in Donor Funds to a record amount of $334 million.
Nearly $16 million in gifts funded 36 new Donor Advised Funds, Family Support Organizations, Restricted Endowment Funds, Life Income Funds and Agency
Funds. The Foundation manages a total of 1,200 funds.
The 41 Family Support Organizations affiliated with The Foundation accounted for total assets of $129 million. Additions to new and existing Family Support Organizations totaled $15 million. Family Support Organizations require an irrevocable minimum commitment of $1 million during a donor’s lifetime or as a testamentary
gift and are designed to create a permanent legacy of intergenerational philanthropy.
Institutional EndowmentsThe recent global economic crisis illustrates the unpredictability of financial support that many Jewish institutions, including the Jewish Federation, agencies and synagogues, depend upon. Establishing Endowment Funds is an important way to help ensure these organizations’ financial futures. In 2008, nearly $88 million in Endowment Funds from these organizations were under The Foundation’s management. Investment PhilosophyOur investment portfolio’s financial objective is to preserve and enhance the purchasing power of the fund. In keeping with our mission of meeting the community’s needs today and in the future, The Foundation pursues a diversified investment strategy designed to balance return on assets within acceptable risk parameters. Our Investment Committee, comprised of experienced professionals who manage portfolios totaling billions of dollars, strives to achieve a portfolio total return that compares favorably to its benchmarks.
Asset AllocationThe Foundation maintains a balanced portfolio—the Common Investment Pool—which primarily holds Foundation and agency endowment funds. In 2008, due to enormous turmoil in the economy, the Common Investment Pool suffered a loss of 29.6 percent, with assets totaling $204 million at year-end. This compares to the S&P 500, which declined approximately 37 percent during the year. While the 2008 downturn in global capital and credit markets are the principal causes of the
2008 Year at a Glance
American Jewish Committee’s Esencia de Judaismo program brings together members of the Latino and Jewish communities, thanks to The Foundation’s seed funding.
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donor FundsDollars in Millions
endowment FundsDollars in Millions
Family Support orgs.Dollars in Millions
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p9decline in the Common Investment Pool,
it was also impacted by an $18 million loss resulting from the Bernard Madoff fraud, representing less than 3% of The Foundation’s total assets. The Foundation is pursuing all legal and administrative restitution remedies to recover the loss.
To maximize performance when the market is up and limit losses when it’s down, The Foundation’s Investment Committee turns to investment management firms with proven expertise in specific asset classes. The Committee—with the assistance of Cambridge Associates LLC, an international investment advisory firm specializing in endowments—routinely assesses changes in financial sectors and market conditions and meets regularly to evaluate manager performance and to monitor portfolio risk.
Foundation Legacy GrantsTo ensure the vitality of the Jewish community and to improve the quality of life of the community-at-large, The Foundation awards grants on a competitive basis through its Legacy Grants program. In 2008, The Foundation awarded $4 million for numerous programs and projects, with its Grants Committee and Foundation staff working together throughout the year to provide oversight and ensure that grants achieve the greatest possible impact. This year, awards were made in the following categories: Community Grants, Israel Grants, Restricted Grants, and Special Grants.
• Community GrantsSupporting causes in both the Jewish and general communities, Community Grants are awarded on an annual or biennial basis. In 2008, $2 million was distributed in the categories of Cutting Edge Grants, Los Angeles Collaborative Grants, Capital Grants, and Special Grants.
Cutting Edge GrantsTo inspire social entrepreneurs, creative thinkers, and innovative organizations to bring forth significant, transformative programs for the Jewish community, The Foundation provides seed money for new, high-impact initiatives through its Cutting Edge Grants. Introduced in 2006, grants range up to $250,000 for a period of up to three years. In 2008, The Foundation provided $1.6 million in grants for seven cutting edge programs. For example, the American Jewish Committee received a $150,000 grant for Esencia de Judaismo to train 500 Latino pastors about Judaism, collaborate on community projects, and help to strengthen ties between these two communities.
Los Angeles Collaborative GrantsEach year, The Foundation awards grants to nonprofit organizations that develop programs designed to successfully address high-priority needs in the community-at-large.
In 2008, The Foundation provided a total of $200,000 in Los Angeles Collaborative Grants to seven coalitions. Among them, the Green L.A. Coalition received a $40,000 grant to launch its Greater L.A. Water Campaign to raise awareness about the eight-year drought and to promote sustainable, local solutions.
Capital GrantsAwarded biennially in even-numbered years, Capital Grants support construction and renovation projects for facilities that predominantly serve members of the Los Angeles Jewish
community. This past year, a total of $200,000 in grants was distributed to seven organizations. For example, a $50,000 Capital Grant went to the Los Angeles Museum of the Holocaust to build its first permanent home, a 17,500-foot facility in Pan Pacific Park.
Construction of the new Los Angeles Museum of the Holocaust, supported by a Foundation Capital Grant, is well underway.
institutional endowmentsDollars in Millions
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Total assetsDollars in Millions
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p10 Special Grants
The Foundation established a biennial Inspired Leadership Award in 2007 with a $100,000 grant to recognize a local, forward-thinking Jewish community leader on the ascending arc of his/her career who effects significant positive change in our community. Presented in the form of a Donor Advised Fund, the 2008 Inspired Leadership Award was given to Rabbi Sharon Brous, founding rabbi of IKAR. This rapidly-growing Jewish spiritual community is devoted to uniting a diverse and dynamic mix of Jews in study, prayer, and work toward
social change. Rabbi Brous is using the award to support charitable causes that help perpetuate a vibrant Jewish Los Angeles.
• Israel GrantsThe Foundation’s annual Israel Grants program places strategic emphasis on collaborative partnerships with other funding entities and provides up to $250,000 to recipient organizations. Grant recipients range from small programs that demonstrate immediate results to longer-term, complex programs that have the potential for widespread social and economic impact. A total of $430,000 in Israel Grants was funded during the year.
One recipient, Leket: The Israel Food Bank, received $250,000, to be distributed
over three years, in support of the first national food bank in Israel. It functions as the central address for acquisition of surplus food donations and distribution of the donated food to nonprofit organizations that provide food assistance in poor communities.
• Restricted GrantsHeeding donors’ wishes to direct annual support to specific organizations and preselected programs, The Foundation works with donors to establish
Restricted Endowment Funds. These funds distributed $1.5 million in 2008 to address a wide range of needs locally, nationally, and in Israel. Funds were
used, for example, to support Jewish education and scholarships, social service needs, and medical assistance.
Family Foundation Center Partnership GrantsTo help ensure the effectiveness of family foundations and funders, whether or not they are affiliated with The Foundation, the Family Foundation Center (the Center) offers a variety of consulting services, including helping funders develop mission statements, tackle next-generation issues, and connect to experts in their areas of interest. The Center also provides assistance to funders to implement their grantmaking programs, including finding and vetting appropriate organizations that meet a funder’s philanthropic mission and serving as an overseer to ensure that the grantee’s program goals are being accomplished.
This year, the Center continued to provide top-quality educational events for funders and professional advisors, presenting nationally-known experts in philanthropy. Through a collaborative effort with Southern California Grantmakers, Foundation donors had the benefit of hearing Anne Bartley, trustee of the Rockefeller Brothers Fund, and Steve M. Hilton, president and CEO of the Conrad N. Hilton Foundation, speak about the key steps to ensuring a multi-generational legacy of philanthropy. Joline Godfrey presented Raising Financially Fit Kids,
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Rabbi Sharon Brous of IKAR receiving The Foundation’s Inspired Leadership Award. (L to R) Lorin Fife, chair; Cathy Siegel Weiss,former chair; Rabbi Brous; Marvin Schotland, president and CEO.
Common investment pool$204 million
Foundation legacy GrantsBy Field of Interest 2008 - $3 million
donor GrantsBy Sector 2008 - $62 million
Fixed incomedomestic equity
partnership investmentsinternational equity
inflation hedging assets Social Services art & Culture
education
religious life
health, Science & environment
Civic life
israel
Jewish
General Community
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p11which attracted both young couples
with school-aged children as well as grandparents. The Center also featured Isabel Maxwell, a social entrepreneur and philanthropist who shared how business principles are being translated to help solve pressing social and economic problems. The Center also sponsored its fifth annual Community Youth Foundation, an initiative designed to engage teenagers in the
process of philanthropy. The 11 young participants—family members of Foundation donors—participated in a two-month educational program and decision-making process designed to teach them how to evaluate worthy nonprofit organizations. Over the five years of the program’s existence, more than 50 young people have participated in this rewarding philanthropic educational experience.
During 2008, the Center facilitated more than $3.4 million in grants, representing $1.2 million from Foundation donors and $2.2 million from private family foundations that utilize The Foundation’s expertise to facilitate their grantmaking. Throughout the year, funders with particular interests were linked to nonprofit organizations doing important work in their targeted fields of interest.
Donor GrantsIn 2008, the Jewish Community Foundation distributed $62 million in donor-recommended grants to 1,840 nonprofit organizations for programs that span the human lifecycle. • Social services accounted for nearly $24 million, or 39 percent of donors’ total giving. Religious life made up nearly $7 million, or 11 percent. Nearly $6 million, or 9 percent, was directed to health, science, and the environment.
Education represented over $16 million, or 26 percent, of donor giving. Arts, culture, and civic life amounted to $9 million, or 15 percent.
• Of these grants, almost $16 million, or 25 percent, supported the Los Angeles Jewish Federation and its agencies, of which $3 million was directed to the United Jewish Fund,
with the balance going directly to agencies affiliated with the Jewish Federation.
• Sixty-three percent, or $39 million, supported causes in the local andnational Jewish communities, and 25 percent, or more than $15 million, funded general community programs and organizations. Twelve percent of all donor grants, or more than $7 million, was distributed to worthy causes in Israel.
Ensuring Continuity and StabilityThe Jewish Community Foundation was built to endure. For 55 years, The Foundation has demonstrated an unwavering commitment to serving the needs of the community and of those who wish to help the community. Safeguarding the philanthropic legacy of our donors and the security and impact of their charitable assets is our top institutional priority.
The Foundation has operated at or under budget every year for more than a decade. In 2008, our operating expenses were $5.9 million, 85 basis points of total assets.
The Foundation’s Board of Trustees has fiduciary responsibility for the integrity and fairness of the financial information provided herein and for engaging the independent auditors, PricewaterhouseCoopers LLP, to ensure that management fulfills its responsibilities in providing accurate and reliable financial information. The Board has assigned oversight responsibility for this function to its Audit Committee.
Leket: Israel ’s National Food Bank serves as a national food distribution center ensuring that food is efficiently distributed to Israel ’s impoverished citizens.
Social ServicesCivic life
education
religious lifehealth, Science & environment
arts & Culture
Social ServicesCivic life
education
religious lifehealth, Science & environment
arts & Culture
donor GrantsBy Field of Interest 2008 - $62 million
donor & Foundation legacy GrantsBy Field of Interest 2008 - $65 million
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Executive
MarketingDevelopment
Family Foundation Center/Grants
Donor Relations
OPTiONS AND OPPORTuNiTiESFOR PHilANTHROPYThe Jewish Community Foundation offers variety and flexibility in charitable gift planning, in addition to top-flight service and professional expertise. We help fulfill your philanthropic objectives while addressing your financial, tax and estate planning needs.
For more details about the methods and techniques of creating a charitable fund that best meets your needs, please visit www.jewishfoundationla.org or contact The Foundation’s Development Office at (323) 761-8704. We welcome the opportunity to help you fulfill your philanthropic goals.
lEADERSHiP AND STAFF OF THE JEwiSH COMMuNiTY FOuNDATiONAs of 9/1/09
Marvin I. SchotlandPresident & CEO
Kate MartinExecutive Assistant
Elliot B. KristalVice President, Charitable Gift Planning
Daniel M. RothblattSenior Vice President,Philanthropic Services
Baruch S. LittmanVice President,Development
Heather GlynnDevelopment Assistant
Georgina BaquetDevelopment & Database Coordinator Lewis Groner
Director, Marketing &Communications
Stacey YoungManager, Marketing &Communications/Webmaster
Bonnie Samotin ZevMarketing & Communications Specialist
Heather BaroffManager, Donor Relations
Fay AlthausenSupport FoundationAccount Executive
Amelia XannVice President,Family Foundation Center& Grant Programs
Naomi StronginGrants & Family Foundation Center Coordinator
Pamela RubinProgram Officer
OFFiCeRSLorin M. FifeChair
Marvin I. SchotlandPresident & CEO
Kenneth A. AugustVice President
Leah M. BishopVice PresidentProfessional Advisors Outreach Committee Co-Chair
Max Factor IIIVice PresidentFamily Foundation Center Committee Chair
Bertrand I. GinsbergVice President
Harold J. MasorVice PresidentAudit Committee Chair
Alan SternVice PresidentCutting Edge Grants Committee Chair
Daniel M. RothblattSenior Vice President, Philanthropic Services
Michael J. JanuzikCFO/Vice President, Finance & Administration
Elliot B. KristalVice President, Charitable Gift Planning
Baruch S. LittmanVice President, Development
Amelia XannVice President, Family Foundation Center & Grant Programs
Selwyn GerberSecretary Israel Grants Committee Chair
Lawrence RauchTreasurer Finance Committee Chair
exeCUTive STAFFLewis GronerDirector, Marketing & Communications
Jessica VromanDirector, Accounting
BOARD OF TRUSTeeSMartin S. Appel*Kenneth A. AugustJordan BenderLynn BiderLeah M. BishopRobin BroidyAnthony ChaninL.A. Collaborative Grants Committee Chair
Jonathan CooklerAllan B. Cutrow*Max Factor IIILorin M. FifeSelwyn GerberElie J. GindiBertrand I. GinsbergHerbert GlaserMark Lainer*Ronald L. LeibowHarold J. MasorDavid PolakLawrence RauchScott H. RichlandKaren SandlerEvan SchlessingerAnnette Shapiro* Brian ShirkenMichael G. SmookeCapital Grants Committee Chair
Sheila Baran SpiwakEugene SteinAlan SternCathy Siegel Weiss*Investment Committee Co-Chair
Douglas C. Williams
JeWiSH FeDeRATiON ex OFFiCiO TRUSTeeSRichard SandlerVice Chair
John R. FishelPresident & CEO
* Past Chair
ADviSORy BOARDNewton D. BeckerLionel BellElaine BerkeHoward M. BernsteinPhilip W. Colburn Fred Cowan Irwin DanielsCliff EinsteinIrwin S. FieldNoralee GoldBram Goldsmith Glenn GolenbergSteven C. GoodDaniel V. GoodsteinDorothy S. Goren Lee HausnerRonald M. KabrinsMitchell T. KaplanMark S. KarlanIrving J. Karp Richard A. KayneMartin Kellner Martin L. KozbergJeffrey L. LevineFrancis S. MaasFrieda Meltzer Jack M. Nagel James A. Nathan Investment Committee Co-Chair
Jackie PearlsonJoyce R. Powell Herbert A. ReznikoffStanford K. Rubin Nathan SandlerRichard A. Schulman Mark N. SchwartzFrederick L. SimmonsKenneth D. Simon Richard S. Volpert Barbi Weinberg Sylvia Weisz
pROFeSSiONAL STAFFFay Althausen Support Foundation Account Executive
Georgina BaquetDevelopment & Database Coordinator
Heather BaroffManager, Donor Relations
Janices J. Brown Database Manager/IT Specialist June del RosarioAccountant/Payroll Specialist
Susan Grinel Consultant
Cynthia A. Jones Investment Accountant De Wayne NashAssistant Controller
Pamela RubinProgram Officer
Adam Safran Consultant, Information Technology
Naomi StronginGrants & Family Foundation Center Coordinator
Ripsima Talverdian Controller
Judy Weinstein Consultant, Human Resources
Stacey YoungManager, Marketing & Communications/Webmaster
Bonnie Samotin ZevMarketing & Communications Specialist
ADMiNiSTRATive STAFFHeather GlynnDevelopment Assistant
Renee Ing-AkanaExecutive Assistant
Kate MartinExecutive Assistant
Iris M. RodgersFoundation Secretary
Finance & Administration
DeWayne NashAssistant Controller
Ripsima TalverdianController
Michael J. JanuzikCFO/Vice President, Finance & Adminstration
Cynthia A. JonesInvestment Accountant
June del RosarioAccountant/Payroll Specialist
Janices BrownDatabase Manager/IT Specialist
Renee ing-AkanaExecutive Assistant
iris M. RodgersFoundation Secretary
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“heart”
“credibility”
“professionalism”Jane Peebles
Rabbi Marvin Hier
Sam Yebri, Debbie Farnoush and Jason Massaband
Jewish Community FoundationoF Los angeLes6505 Wilshire Boulevard, Suite 1200Los Angeles, California 90048 • 323.761.8700www.jewishfoundationla.org
Writer: Lewis Groner Editors: Lewis Groner and Sylvia SukopPhotography: Lewis Groner pp.1-7, p.10; Howard Pasamanick pp.12-13; Courtesy of grantees pp. 8-9, p.11