Jewish Communal Fund Annual Report
Jewish Communal Fund Annual Report In fiscal year 2019, Jewish Communal Fund’s generous Fundholders had a profound impact on charities in every sector, distributing a record number of grants totaling $456,000,000 to help organizations sustain and grow much-needed services and programs. CONTENTS 1 Letter from President and CEO 2 Our Fundholders’ Generosity Strengthens Jewish Life 3 JCF Reinvests in the Jewish Community 4 Investments 5–26 Financial Statements 27 JCF Fundholders’ Generosity 28–41 Grants 42–59 Funds 60 Trustees/Staff 2019 ANNUAL REPORT ANNUAL 2019 ’s Fundholders are extraordinarily generous, and so it comes as no surprise that JCFFY 2019 was another record-breaking year. Our Fundholders recommended an unprecedented 63,000 grants totaling $456 million to charities in every sector. As a collective, we distributed 23 percent of charitable assets under management. It is our privilege to facilitate your grant-making, and to continue to provide enhanced services, programs, and tools to help you give more strategically and achieve greater impact with your philanthropy. By choosing JCF to facilitate your charitable giving, you further enable us to make an annual $2 million unrestricted grant to UJA-Federation of New York, to support local Jewish programs and initiatives. In addition, JCF’s endowment, the Special Gifts Fund, continues to change lives for the better, granting out more than $18 million since 1999. Your grants and ours combine to make a positive difference in people’s lives. We are pleased to report that in fiscal 2019, JCF approved grants of $985,000 from the Special Gifts Fund to Jewish charities selected by our trustees, with the assistance of UJA-Federation of New York.
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