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“I found a fruitful world because my ancestors planted it for me. Likewise, 2015 ANNUAL REPORT I am planting jcfphoenix.org for my children.” – Talmud Ta’anit 23a 2015 annual report | pg. 1 A Message from the Foundation Leadership elcome to the Jewish Community Foundation’s 2015 Annual Report. 2015 was another year marked by exceptional Wcommunity support – both for the Foundation and by the Foundation. New gifts to the Jewish Community Foundation of Greater Phoenix exceeded $5 million for the third consecutive year, and grants from discretionary and donor directed funds grew to more than $6.6 million – a year-over-year increase of more than 50%. 2015 brought a number of other outstanding developments as well. Together with the Harold Grinspoon Foundation, we introduced LIFE & LEGACYTM, which provided training and resources for 12 local partner organizations to secure nearly $14 million in end-of-life endowment commitments from 135 donors – helping ensure the financial future of our local Jewish community. The experience of our donors and grant Organizational applicants has been enhanced through the launch of a state-of-the- art interactive website, which includes access to DonorFirst, our new Background donor and volunteer portal. Growth in the B’nai Tzedek program was Since 1972, the Jewish Community sufficient to support adding a second Youth Philanthropy Board. And Foundation has been helping our governance models were updated to reflect current thinking on best people support the Jewish and practices in the nonprofit and community foundation sectors. secular causes that are important The Jewish Community Foundation continued and enhanced its long- to them. We provide resources standing commitment to Israel. The Foundation awarded competitive grants in Israel totaling nearly $85,000 for programs and organizations to make the community’s vision dedicated to supporting and improving the lives of our Israeli brothers a reality and we respond to and sisters. We also implemented new policies leading to direct emergencies facing the Jewish investment in Israeli equities as a component of our pooled asset people. The Jewish Community portfolio, so even when we are not funding grants in Israel, the Jewish Community Foundation’s assets are working to support a strong Israeli Foundation is the largest resource economy. for Jewish philanthropy in the As ever, we remain grateful to everyone who has placed their confidence Greater Phoenix area. We have in the Jewish Community Foundation of Greater Phoenix, to steward earned the trust of our donors and and manage their philanthropic legacies. If you are new to the Jewish the community of professional Community Foundation, we invite you to join us, to let us help you fulfill your charitable goals, and to secure a bright future for the Jewish advisors - attorneys, estate community of Greater Phoenix. planners, trust officers, insurance professionals, accountants and financial advisors - who work with us to help donors achieve their charitable and financial goals. Our Mission Beth Jo Zeitzer Richard Kasper Building a permanent source of Board Chair President and financial support for a vibrant, Chief Executive enduring Jewish community. Officer pg. 1 | jcfphoenix.org Table of Contents A Message from the Foundation Leadership ............................................................................................................................... 1 2015 Highlights ........................................................................................................................................................................................3 - 4 Enriching our Community and Israel through Grantmaking ......................................................................................5-12 • Fund for Jewish Philanthropy • Economic Crisis Response Program • Field of Interest Funds • Grant Distributions from all Foundation Funds LIFE & LEGACY ....................................................................................................................................................................................... 13-14 Empowering Tomorrow’s Philanthropists...Today .......................................................................................................... 15-16 • B’nai Tzedek Youth Philanthropy Program Tree of Life Society ............................................................................................................................................................................. 17-18 Giving Life to the Future. ................................................................................................................................................................ 19-20 • Endowment Book of Life Create Your Fund at the Jewish Community Foundation .......................................................................................... 21-22 Ways to Give ........................................................................................................................................................................................... 23-24 Setting the “PACE” ......................................................................................................................................................................................25 • Harold & Jean Grossman PACE Society Forward Thinkers ................................................................................................................................................................................ 26-29 • Donor Advised Funds • B’nai Tzedek Funds • Charitable Gift Annuities • Designated and Field of Interest Funds • LOJE and PACE • Agency & Synagogue Funds • Fund for Jewish Philanthropy • 10/30 Society All 2015 Grants by Category .................................................................................................................................................................30 Investment Performance ........................................................................................................................................................................31 Foundation Financials ..............................................................................................................................................................................32 The Foundation of the Foundation ..................................................................................................................................................33 • JCF Board of Directors, Committees & Staff Friends of the Foundation ......................................................................................................................................................................34 2015 annual report | pg. 2 2015 Highlights March 2015 $54,000 planning grant for the Board JCF Receives $500,000 from of Rabbis of Greater Phoenix to the Arthur M. Blank Family re-establish a Jewish Community Foundation Relations Council in our community. The Jewish Community Foundation Through the Board of Rabbis, the proudly received a new $500,000 JCRC provides the local Jewish permanent endowment, established community a platform from which Left to right back row: LIFE & LEGACY Launch: by the Arthur M. Blank Family to speak to the community overall in JCF Board of Directors: David Weiner, Bryan Foundation of Atlanta, Georgia. This an organized, unified and impactful Kort, Mark Sklar; Jonathan Hoffer Front row: endowment will provide half the Jewish voice. The local Council Rich Kasper; JCF President and CEO; Arlene annual cost of the Jewish Career focuses on advocacy, education, and Schiff, National Director LIFE & LEGACYTM, Services program operated by Jewish coalition building for public affairs The Harold Grinspoon Foundation, Rachel Rabinovich, JCF Director of Special Projects/ Family & Children’s Service. This initiatives. LIFE & LEGACY Program Director extraordinary gift was made to honor Arthur Blank’s brother, Michael, who Beth Jo Zeitzer Elected Board has been a member of the Jewish Chair Community Foundation’s Board of Our board of directors elected as Directors, and Michael’s wife, Carmen. its chair Beth Jo Zeitzer, president and designated broker of R.O.I. Jewish Community Foundation Properties, an Arizona commercial Launched LIFE & LEGACY and residential real estate brokerage. The Foundation selected 12 Valley Beth Jo succeeds David Weiner, who Jewish agencies and synagogues as served as chair from 2013-2015. Beth its local partners in LIFE & LEGACYTM, Jo served as David’s vice chair for the a groundbreaking partnership with prior year. A member of JCF’s board the Harold Grinspoon Foundation of directors since 2012, Beth Jo led an which provides training and ambitious five-year strategic planning resources to increase legacy giving to process for the board in 2014. Jewish organizations. Our local partners are: Arizona Jewish New Website Historical Society, Congregation Or The Jewish Community Foundation Tzion, the East Valley JCC, Hillel at proudly launched its new state-of- ASU, the Jewish Federation of Greater the-art website. The new site is more Phoenix/Valley of the Sun JCC, attractive, easier to navigate, and filled Jewish Family & Children’s Service, with rich, relevant content for donors, Jewish Free Loan, the Jewish Genetic professional advisors, Jewish communal Diseases Center of Greater Phoenix, organizations, youth philanthropists, Pardes Jewish Day School, Temple grant-seekers and others. Chai, Temple Emanuel of Tempe, and Temple Kol Ami. JCF
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