2014 ANNUAL REPORT • Jcfphoenix.Org Organizational a Message from the Foundation Leadership Background Elcome to the Jewish Community Foundation’S 2014 Annual Report
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2014 ANNUAL REPORT • jcfphoenix.org Organizational A Message from the Foundation Leadership Background elcome to the Jewish Community Foundation’s 2014 Annual Report. This was a year marked by Since 1972 the Jewish renewed vigor and community support – both for the Foundation and by the Foundation. New gifts Community Foundation to the Jewish Community Foundation of Greater Phoenix increased by fifteen percent over the prior has been helping Wyear and grants from discretionary and donor directed funds saw a year-over-year increase of thirteen percent. The people support the Jewish Community Foundation concluded the year with nearly fifty million dollars in assets under management. Jewish and secular In addition to growing assets and increasing grantmaking, 2014 was a year for the Foundation to take stock of itself causes that are and to set new goals for the future. Our board of directors committed to a months-long process and developed an important to them. We ambitious new five-year strategic plan. The Foundation’s new plan (like its new mission statement at the bottom provide resources to of this page) is focused clearly on our community’s needs and our donors’ desires. More than ever, the new plan make the community’s commits us to providing greater levels of value, service, and impact to our community as a whole, and to every vision a reality and we organization, program, and person we touch. respond to emergencies Despite the changes, the Jewish Community Foundation continued its long-standing commitment to Israel. The facing the Jewish Foundation awarded competitive grants in Israel totaling nearly one hundred thousand dollars for programs and people. The Jewish organizations dedicated to supporting and improving the lives of our Israeli brothers and sisters. With equal parts Community Foundation pride and responsibility, we also granted more than twenty-one thousand dollars from our discretionary fund to is the largest resource address urgent humanitarian needs during the 2014 Israel-Gaza conflict. for Jewish philanthropy We were also recognized by the Harold Grinspoon Foundation, which selected the Jewish Community Foundation in the Greater Phoenix of Greater Phoenix as one of eight new national partners in LIFE & LEGACYTM – a program that trains and creates area. We have earned incentives for synagogues, day schools and Jewish agencies to cultivate, secure, and steward end-of-life endowment the trust of our donors gifts. Thanks to LIFE & LEGACY, the Jewish Community Foundation and the community of is leading and training twelve community partners in Greater professional advisors Phoenix to secure their own financial futures, and the future of the - attorneys, estate local Jewish community. planners, trust officers, As ever, we remain grateful to everyone who has placed their insurance professionals, confidence in the Jewish Community Foundation of Greater accountants and Phoenix, to steward and manage their philanthropic legacies. If you financial advisors - who are new to the Jewish Community Foundation, we invite you to join work with us to help us, to let us help you fulfill your charitable goals, and to secure a donors achieve their David Weiner Richard Kasper bright future for the Jewish community of Greater Phoenix. charitable and financial Board Chair President and goals. Chief Executive Our Mission Officer Building a permanent source of financial support for a vibrant, enduring Jewish community. pg. 1 | jcfphoenix.org Table of Contents A Message from the Foundation Leadership A Message from the Foundation Leadership ............................................................................................................................... 1 Ensuring a Strong and Vibrant Community ...........................................................................................................................3-10 • Fund for Jewish Philanthropy • Economic Crisis Response Program • Field of Interest Funds • Grant Distributions from all Foundation Funds Empowering Tomorrow’s Philanthropists...Today .......................................................................................................... 11-12 • B’nai Tzedek Youth Philanthropy Program Tree of Life Society ............................................................................................................................................................................. 13-14 Giving Life to the Future. ................................................................................................................................................................ 15-16 • Endowment Book of Life Create Your Fund at the Jewish Community Foundation .......................................................................................... 17-18 Ways to Give ........................................................................................................................................................................................... 19-20 Setting the “PACE” ......................................................................................................................................................................................21 • Harold & Jean Grossman PACE Society Forward Thinkers ................................................................................................................................................................................ 22-26 • 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 The Foundation of the Foundation ..................................................................................................................................................27 • JCF Board of Directors, Committees & Staff Investment Performance ........................................................................................................................................................................28 Foundation Financials ..............................................................................................................................................................................29 Friends of the Foundation ......................................................................................................................................................................30 2014 annual report | pg. 2 You are not required to complete the work, but neither are you free to abandon it. Hillel at ASU, A Mentoring Initiative program mentors - Pirkei Avot, The Ethics of our Fathers Ensuring a Strong and Vibrant Community Through Grantmaking | 2014 Grants he Jewish Community Foundation awarded • Jewish Family & Children’s Service, Jewish $259,691 in grants from its Fund for Jewish Career Services, $30,000 (Arthur M. Blank Family Philanthropy, and field of interest funds, for Foundation grant) Tprograms ranging from leadership training, arts and Career counseling and career coaching for culture programming, day school inclusion, volunteer individuals who have lost their job and been training for individuals working with Holocaust without work for a period of up to two years. survivors, and several programs that assist people in need, both locally and in Israel. We take great pride in • Jewish Free Loan, Tzedakah Loan Fund, $10,000 knowing that the organizations we support – and the (Arthur M. Blank Family Foundation grant) individuals who will benefit from the work of those This Fund supports individuals and families who are agencies – will be positively and powerfully changed. experiencing an immediate hardship by providing assistance for rent, utilities, medical and daily basic needs, such as gas and food cards. 2014 Fund for Jewish Philanthropy Grants – Local Community Hillel at ASU, A Mentoring Initiative: Pathways $6,000 Arizona Jewish Historical Society, Arizona Jewish , This program connects ASU students to successful Cultural Arts Project, $10,000 local professionals who are accomplished in their A new effort to create a series of Jewish arts and professional lives and who lead active Jewish lives, to culture programs at the Cutler-Plotkin Jewish share their stories and mentor them. Heritage Center and other venues that draw upon a wide range of cultural disciplines. Jewish Family & Children’s Service, Care Across Generations, $7,500 Economic Crisis Response Program, $50,000 This collaborative program designed to increase To support organizations offering direct stop-gap and the capacity of the community to assist Holocaust safety net services to Jewish people in need within the survivors in a sensitive manner, recruits and trains Greater Phoenix area. children and grandchildren of survivors, as well as Jewish individuals. • East Valley Jewish Community Center, preschool scholarships $5,000 Jewish Free Loan Association, Disability Assistance Scholarship support for full-time students for whom Loan Fund, $20,000 participation is vital to the family’s livelihood. This fund assists individuals and families with interest- free funds to pay for material needs and support • Jewish Family & Children’s Service, Helping Hands, services that are not covered or only partially covered $5,000 by insurance and government programs. Short-term financial assistance to Jewish individuals and families experiencing financial hardship. pg. 3 | jcfphoenix.org Jewish Community Foundation of Greater Phoenix, Crossroads Jerusalem, Intern to Learn, $5,972 Discretionary