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2010 Annual Report Now and Into the Future

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2010 Annual Report Now and Into the Future The Endowment Department of the Jewish Federation of Greater Indianapolis 2010 Annual Report Now and Into the Future... For more than a century, the Jewish Federation of Greater India- napolis’ mission has been to improve the quality of life for the Jewish community in Indianapolis, in Israel and worldwide. The caring tradi- tion of the Jewish community has enabled us to build and sustain a vibrant, innovative community. We are indebted to those that came before us and to the ongoing commitment of our donors to increase our permanent financial resources. Their fulfillment of the Talmudic saying “As my ancestors planted for me before I was born, so do I plant for those that come after me,” is the enduring model of tzeda- kah. The Federation Endowment funds play a critical role in insuring the Jewish community’s ability to respond to the current and future needs of its people from generation to generation by developing permanent financial resources. Grants from the endowment funds strengthen Jewish identity, help people in crisis, develop innovative responses to critical issues as well as providing the funding to facili- tate the programs and services that fulfill the communal goals. As a standing committee of the Federation, the Endowment program benefits from the experience and dedication of community mem- bers. The partnership of the endowment professional staff and the volunteer endowment committee members demonstrate the best practices in governance. The Year in Review The critical need for a community to have a strong philanthropic reserve was emphasized by the difficult economic climate in 2010. Annual Federation Campaigns are unable to address the current and unexpected crisis. Due to the foresight and generosity of com- munity leaders and donors through the years, the Federation’s un- restricted endowment of $9.9 million distributed a grant of 5% of this fund to supplement annual Jewish community needs. The Federation Endowment consists of $75.9 million from more than 300 endowment funds. These funds include the unrestricted JFGI Endowment Fund, as well as donor designated restricted and unrestricted funds, custodial funds for Federation agencies and oth- er non-profit organizations and donor advised philanthropic funds. This year’s personalized service of the Federation’s Donor Advised fund programs enabled donors to recommend $2.78 million in grants through their funds benefitting Jewish and civic charities. With more than $40.5 million in 112 donor advised funds, donors were able to recommend 477grants to over 195 charities in their areas of inter- est. Donor advised funds offer convenience and simplicity in helping families and individuals achieve their charitable giving goals. Unrestricted and restricted funds provide generous financial sup- port for creative new services as well as specific purposes. In 2010, grants totaling $1,500,000 were awarded from the $15.2 million in our restricted and unrestricted funds. The Federation and other Jewish nonprofits received $1,170,873, while $396,441 went to non- Jewish nonprofits from these funds in 2010. The Federation Investment Committee, comprised of financial professionals and experienced lay leaders, oversees the prudent management of Federation endowments and assets. Guided by its investment policy, the committee works with financial consultants and experts to exert oversight on manager selection and asset allocation. Highlights The endowment fund enables us to meet the challenges and needs of the Jewish community. It enables donors to perpetuate their philanthropic interests, provide permanent resources to strengthen and enrich Jewish life and build a future for our children and grand- children. Here is a sampling of the impact that Jewish Federation endowments had in 2010. This year, 52 children were able to attend overnight summer camps for the first or second time and 30 young people participated in organized group trips to Israel. The impact of these experiences has been demonstrated to strengthen children’s Jewish identity. Two hundred families in Indianapolis are turning bedtime mo- ments into lasting Jewish memories through the PJ Library program. It is an outreach and engagement program bringing free, high-quality Jewish books and music into homes every month. Opportunities exist to make transformative changes in the lives of our community, by creating new, life-sustaining endowment funds. Ways To Give The Federation’s Endowment program offers a variety of ways by which donors can accomplish their philanthropic and financial goals. Whether made during the donor’s lifetime or deferred, gifts of cash, securities, life insurance, retirement funds, real estate and per- sonal assets can be used to fulfill donors‘ charitable purposes. Life in- come plans, such as charitable gift annuities and trusts, can enable donors to have an income and create a permanent endowment. Everyone can leave a legacy that represents their values and vision. The Federation is able to fulfill its mission through the generosity of its community members, for which we are very grateful. We look forward to continuing to work in close partnership with donors, fa- cilitating their visions for a secure and vibrant life in Indianapolis and around the world. Charitable Organizations Receiving Grants* in 2010 AFS-USA, Inc. Gleaners Food Bank of Indianapolis Aish HaTorah Cleveland Goodwill Industries Foundation Aitz Hayim Center For Jewish Living Habitat For Humanity International Alzheimer Indiana Chapter Hadassah (New York) American Cancer Society Hadassah (Florida) American Civil Liberties Union Foundation Hadassah (Indianapolis) American Diabetes Association Happy Hollow Camp American Foundation for Surgery Hasten Hebrew Academy of Indianapolis of the Hand Heifer International American Friends of Western Galilee Helene G. Simon Hillel Center College, Inc. Hillel — Foundation for Jewish Campus American Heart Association Life (National) American Jewish Committee Hillel Academy Of Boca Raton American Jewish Joint Distribution Hooverwood American Jewish World Service Hooverwood Guild American Red Cross IHC Brotherhood American Red Cross of Greater Indianapolis Independence Pass Foundation Amnesty International USA Indiana Bar Foundation, Inc. Anti-Defamation League Indiana Historical Society Aspen Public Radio Indiana Jewish Historical Society Aspen Valley Medical Foundation Indiana Legal Services, Inc. Auschwitz Jewish Center Indiana Repertory Theatre Bernard Zell Anshe Emet Day School Indiana Society to Prevent Blindess Big Brothers Big Sisters of Central Indiana Indiana State Museum Birthright Israel Foundation Indiana University Foundation B’nai B’rith Foundation of the U.S. Indiana University Jacobs School of Music B’nai B’rith International Foundation Indianapolis Bar Foundation B’nai Brith National Youth Indianapolis Hebrew Congregation B’nai Torah — Community Mashgiach Indianapolis Hebrew Congregation — B’nai Torah Congregation Boca Raton Foundation Boys & Girls Clubs of Indianapolis Indianapolis Legal Aid Society, Inc. Brandeis University Indianapolis Museum of Art Brebeuf Jesuit Preperatory School Indianapolis Opera Bureau of Jewish Education, Inc. Indianapolis Senior Center C.a.n.d.l.e.s. Holocaust Museum Indianapolis Symphony Orchestra Camp Kesem Indianapolis Zoological Society Cancer Support Community Indianapolis. Marion County Public Library Center To Prevent Handgun Violence Foundation Central Indiana Community Foundation, Inc. Institute of Southern Jewish Life, Inc. Chai Lifeline International Violin Competition of Charleston Jewish Federation Indianapolis Child Advocates, Inc. IRIS — Indiana Reading and Information Children’s Museum of Indianapolis Services Christel House, Inc. IU Center on Philanthropy CLAL — National Jewish Center for IU Foundation Learning & Leaders IU Foundation — Spirit & Place Community Hospital Foundation IU Foundation Cancer Research Center Congregation Beth-El Zedeck IU Foundation Indianapolis Congregation B’nai Torah IU Foundation Jewish Studies Congregation Shaarey Tefilla IU Foundation Kelley School of Business Cooper Riis IU Foundation Richard Jacobs Fellowship Crohns & Colitis Foundation of America IU Foundation School of Law Crossroads of America Council IU Foundation School of Medicine Eugene And Marilyn Glick IU Foundation Varsity Club Indiana History Center IU School of Medicine — Glaucoma Executive Service Corps, Inc. — Colorado Research & Education Fine Arts Society of Indianapolis Jacobs Home, Inc. FJC — A Foundation of Donor Advised Funds JCC Association of North America Fountain House JDC Haiti Relief Fund Friends of Aspen Animal Shelter Jewish Braille Institute International Friends of Yad Sarah Jewish Community Center Friends of Yemin Orde, Inc. Jewish Community Relations Council Charitable Organizations Receiving Grants* in 2010 Jewish Family & Children of Philadelphia RHI Foundation — Rehabilition Hospital Jewish Family Service Of Los Angeles of Indiana Jewish Federation of Cleveland — Riley Children’s Foundation Hillel Consortium Rocky Mountain Institute Jewish Federation of Collier County Salvation Army Jewish Federation of Fort Wayne SCAN, Inc. Jewish Federation of Greater Indianapolis SFArtsED Jewish Federation of Nashville Sigma Alpha Mu Jewish Federation of Omaha Simon Wiesenthal Center Jewish Federations of North America Smile Train Jewish Federation — United Jewish Fund South Bay Chamber Music Society Los Angeles Southern Poverty Law Center Jewish Museum St. Vincent Hospital Foundation Jewish National Fund — JNF Starfish
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