IMPACT TODAY. IMAGINE TOMORROW. 2015 Annual Report
VISION
Rooted in Jewish values, the Jewish Federation of South Palm Beach County seeks to inspire and galvanize local residents and organizations to build and sustain a strong, caring, vibrant Jewish community for today and tomorrow.
MISSION
At the hub of the Jewish community, the Jewish Federation of South Palm Beach County strategically engages donors, supporters and community partners in addressing and planning for current and future needs of the Jewish people locally, in Israel and around the world. The Federation accomplishes these goals by: building Jewish community and developing Jewish communal leadership; promoting Jewish identity, education and engagement; caring for the vulnerable; advocating for the well-being and security of the Jewish people and standing with Israel, their spiritual homeland.
IMPACT TODAY. IMAGINE TOMORROW. DEAR FEDERATION FAMILY: Impact Today. Imagine Tomorrow. It is our Federation’s call to action to care for our Jewish family in need today and build a strong and thriving Jewish community for tomorrow. We are proud to report that our Federation has not just aspired to the call this past year; we have answered it, with one of the strongest years of growth in our 37-year history. The 2015 fiscal year was unprecedented in terms of Financial Resource Development. Our Annual Campaign grew for the third year in a row by 7 percent to nearly $15 million with an increased number of donors at all levels. That means more people fed, comforted, educated and protected – locally, in Israel and throughout the world. And we are engaging more local, national and international agency partners in the process. The future looks brighter than ever as the Jacobson Jewish Community Foundation (JJCF) continued to grow total assets from $75 million to almost $80 million and increase grants to the Annual Campaign from $1.1 million to $1.3 million. JJCF’s Create a Jewish Legacy program enjoyed tremendous success in its first year of participation in the Harold Grinspoon Foundation Life & Legacy initiative with more than 15 local institutions generating nearly $26 million in expectancies, far surpassing its initial goals. Adding to our expanding financial portfolio were three magnanimous gifts that will help strengthen our ability to serve the community at large and expand our reach to the unaffiliated – the largest unrestricted bequest ever made to the JJCF by the late Irving Eckhardt, the naming of the Ted and Barbara Wolk Spa and Fitness Center at the Sinai Residences of Boca Raton, and the launch of the Deborah and Larry D. Silver Center for Jewish Engagement (CJE). We are forever grateful to these generous donors for trusting Federation as a worthwhile investment in the future of our community. Eight years in the making, Sinai Residences of Boca Raton, a 23-acre state-of-the-art Continuing Care Retirement Community (CCRC), opened its doors this past January. Federation’s largest capital project since the opening of our South Campus in 1991, Sinai will provide a significant income stream for the vital programs and services of our organization and its beneficiary agencies – for years to come. Our campus will also soon be home to the new Yeshiva High School facility, scheduled to open in January 2017. With another successful campaign in full stride, we are also proud to report that our Federation Divisions, Departments and Club Communities continue to grow and reach more local residents. And hundreds of people are touring our campus each year to discover the best-kept Jewish secret in Boca. As we look back, it is clear that our call to impact today and imagine tomorrow is no longer about hopes – it is about hopes fulfilled. And it is our sincere hope that you will join us to explore ways you can support and serve this vibrant and dynamic Jewish community of ours – and extend our caring reach even further to those we have yet to touch in ways we have never imagined. Warm Regards,
Albert W. Gortz Chair, Jewish Federation of South Palm Beach County Board of Directors
Richard Steinberg Chair, Jacobson Jewish Community Foundation (JJCF)
Matthew C. Levin President & CEO, Jewish Federation of South Palm Beach County
ANNUAL CAMPAIGN Business & Professional Division (B&P). In its fourth year, a thriving B&P Division continued its successful Industry Icon events. The series was renamed The Lewis Katz Industry Icon Series in memory of this consummate icon. The B&P Cabinet increased to 61 members and grew “Business Casual,” its signature networking series for women. Country Club Communities and Neighborhoods. Committed leaders and volunteers once again showed their unwavering commitment. They educated and raised vital Annual Campaign funds from their friends, neighbors and acquaintances. Several clubs raised additional funds through the Adopt-a-Project program, and volunteered hands-on in mitzvah projects. Many also participated in and offered leadership development opportunities. Major Gifts. Our King David Society, Prime Minister’s Council, and Ketubah Society members were celebrated at our Leadership Gifts Event featuring Former Israeli Prime Minister Ehud Barak. The Sandler Family Major Gifts Event featured U.S. Humanitarian Aid Worker Alan Gross, freed from Cuba, and Former Ambassador Dennis Ross, and welcomed adult children and grandchildren to the program through a new L’Dor V’Dor initiative. At the event, Debra & Jerry Kramer and Barbara & Ted Wolk were welcomed into the Ketubah Society, which received national JFNA “Fedovation” recognition as a successful, innovative program. Emerging Jewish Philanthropists (EJP), enjoyed each other’s company at in-depth private receptions with top speakers, toured Art Basel in Miami as well as the Boca Raton Museum of Art, and enjoyed a Bruce Springsteen concert.
Men’s Division. The Men’s Division could not be more successful with sell-out events featuring sports celebrities to Middle East experts to fine whiskeys and cigars, and an expanding committee of engaged participants. Men of all ages are enjoying enriching experiences together while building a strong division of their own to benefit the world, educate others and create a brighter Jewish future. Women’s Philanthropy. With nearly 800 Lions of Judah, our pride is one of the largest in the country. Attendance at the annual Lion of Judah Luncheon neared 400. Women also heard speakers of substance at Education Day and the Pomegranate event. Chapter Two, a program designed for women seeking to connect with the community is completing its second year with great success, and there is a waiting list for the next class. There’s great energy in Women’s Philanthropy, with a place for everyone who wants to join in. Young Adult Division (YAD). Through YAD, young Jewish adults came together to mix, mingle and make a difference here at home, in Israel and around the world. They had a record-breaking Chanukah party, a phenomenal Comedy Night Live year-end event, helped package food for the needy, made holiday cards for IDF and American Jewish soldiers, tailgated and attended Dolphins games, heard IDF soldiers, helped Jewish children struggling with lifethreatening diseases, and packed local hot spots for happy hours with a philanthropic component. 60 Days of Impact. This initiative rallied the local Jewish community to GIVE, VOLUNTEER & GET ENGAGED like never before. More than 2,000 people contributed over $3 million dollars. Forty events culminated in Super Sunday, where more than 200 volunteers assembled over 20,000 kosher meal kits for those in need. More than 28,000 people were reached on Facebook, with numerous new Federation page likes. Highly successful, the initiative has headed into a second year.
JACOBSON JEWISH COMMUNITY FOUNDATION Where Your Values Live On. Dedicated to growing permanent resources to secure a brighter future for our community, the Jacobson Jewish Community Foundation (JJCF) now has assets approaching $80 million. During this past year, JJCF provided grants totaling almost $3.5 million to over 250 local, national and international organizations. More than $1.3 million in grants were distributed in support of our Federation’s Annual Campaign. Create a Jewish Legacy. Create a Jewish Legacy (CJL) enjoyed tremendous success in its first year of participation in the Harold Grinspoon Foundation’s LIFE & LEGACYTM initiative, a four-year partnership that features training, support and monetary incentives to help promote afterlifetime giving to benefit Jewish day schools, synagogues, social service organizations and other Jewish entities. Over the course of the year, teams from 15 Jewish organizations took part in five educational workshops, and every organization participating in LIFE & LEGACYTM benefitted from two in-depth consulting sessions with the Harold Grinspoon Foundation. These efforts have resulted in 251 commitments from 206 donors to community organizations, with an estimated value of $26 million.
Create a Jewish Legacy’s first year in the Harold Grinspoon Foundation’s LIFE & LEGACYTM initiative resulted in 15 local synagogues, schools, agencies and organizations obtaining 251 commitments from 206 donors to community organizations, with an estimated value of $26 million.
Professional Advisory Committee (PAC). Nearly 120 members strong, the Professional Advisory Committee (PAC) plays a key role in the growth of the JJCF. PAC members have encouraged their clients to establish current and legacy charitable gifts through trusts, bequests, life insurance policies and donor advised funds, while maximizing networking and educational opportunities. Jewish Women’s Foundation (JWF). As a forum for informed Jewish philanthropists and leaders, the Jewish Women’s Foundation (JWF) raises and directly allocates their own funds to special programs for women and children. JWF celebrated its 13th anniversary and allocated to eleven projects locally and in Israel. During the past 12 years, JWF has granted nearly $1,000,000. Lion of Judah Endowment (LOJE). During 2015, eighteen more women joined our Lion of Judah Endowment (LOJE) program. By becoming a LOJE, each woman ensures that a generous gift will be made to the Federation in her name, in perpetuity. With 289 women strong, our community continues to lead North America with the highest number of endowed “Lions Forever.”
PLANNING TO MEET NEEDS LOCALLY AND OVERSEAS Central to the well-being, growth and sustainability of our community is our Federation’s commitment to its historic role of convening the community in planning for the current and future needs of our Jewish neighbors and global family. Dedicated lay and professional leaders collaborate to address vital needs through careful funding of programs and services, developing revenue streams and partnerships,
and optimal use of our land and facilities. In the past year, our Federation structured, and is beginning to implement, a transformative, even more broad-based and strategic process of planning and determining both local and overseas allocations through the Committee for the Future and the Program Funding Council.
Planning & Allocations. P&A prioritizes and distributes funding to address current needs, and to sustain and enhance Jewish life for the future. Last year, P&A directed aid for local seniors, individuals with special needs, and Holocaust survivors; day school scholarships and innovative Jewish learning opportunities; outreach initiatives across the denominational spectrum; JCRC advocacy efforts and more. Israel & Overseas. Through our historic global partners, Federation touches thousands of those most vulnerable in our Jewish family worldwide. This past year, in the FSU, we fed the hungry and kept them warm, and funded Jewish Identity Summer Camps. In Israel, we helped Ethiopian-Israeli youth reach their potential and Haredi men enter the IDF and gain employment. We funded long-term Israel experiences for local youth, and strengthened relationships with our homeland through multiple exchange programs and our highly successful Spirit of Israel Community Mission.
FEDERATION PROGRAMS Engagement. Twenty-four lay leaders from local agencies and synagogues joined the second group of Federation’s Jewish Community Leadership Institute (JCLI), sharing intensive, expertled training sessions in preparation to further lead our Jewish community. Thanks to the couple’s great vision and generosity, Federation’s new Deborah and Larry D. Silver Center for Jewish Engagement (CJE) was launched. CJE’s Jewish Unity Day event, the largest in the nation, drew more than 500 people, and the second Night of Inspiration brought more than 600 to hear from nine women who lead our Jewish community. Jewish Community Relations Council. As Federation’s public policy, community relations and advocacy arm, the JCRC engaged in new and expanded programs to support the State of Israel and its people, and to encourage public officials’ support of aid to local social service agencies. JCRC advocated at the annual Legislative Sendoff and in the State Capitol, worked with nearby JCRCs in developing the Iran & Sudan Divestment Act, and created College Prep: Slice of Israel, for 200 high school students. More than 3,000 people and 39 Jewish organizations participated in IsraelFest 2015 at Mizner Park, and the interfaith March of Remembrance drew more than 700 to observe Yom HaShoah. Special Needs. Through generous support from the Naomi & Saul Meyers and Rose & Leon Barrows Endowment Fund, our Federation is supplementing existing special needs programming and has begun to convene an intensive planning process. After joining the Unicorn Foundation in conducting a special needs community survey, Federation is embarking on bringing together an array of stakeholders to assess the extent and efficacy of current services, determine and address gaps in coverage, and develop opportunities for collaboration.
Birthright Israel Community Bus. Our third Birthright Israel community bus brought more than three dozen young, local Jewish adults to Israel for 10 days of exploring, learning and bonding. The 22- to 26-year-olds from South Palm Beach County were led by Federation professionals throughout their inspirational journey in our Jewish homeland. Once again, since their return, many Birthright travelers have become involved with our Jewish community. Department of Jewish Education. DJE’s School Educational Services convenes Professional Council meetings of all Day School Heads, Congregational School Education Directors and Early Childhood Directors, and offers an array of professional development programming for more than 500 teachers. Chesed Day once again brought more than 600 day school students to learn hands-on together on the Federation campus. Seventy students from South Palm Beach County traveled on the life-changing March of the Living, as did 39 adults on their own bus. From March to Miriam continues to create “families” of students and local adults with local Holocaust survivors to provide support to the survivors and enrichment to all. PJ Library®. More than 1,600 local families raising Jewish children have been receiving Jewish books for their youngsters through the PJ Library® - South Palm Beach County Partnership. This past year, more than 4,200 children, parents and grandparents enjoyed PJ Library activities around the community at over 55 venues. South Palm Beach County also became one of 34 pilot communities to launch PJ Our Way, the next chapter of PJ Library for children ages 9-11.
Federation Transportation Services (FTS). This past year, FTS provided 55,000 trips to over 300 seniors and clients with disabilities, who would otherwise not have free transportation to vital and life-sustaining activities. Their many destinations include doctors’ offices, grocery stores, pharmacies, hot meal sites, places of worship, and popular locations for a monthly field trip. FTS also transports Donna Klein Jewish Academy students to their homes and to offsite school activities, as well as Adolph and Rose Levis JCC campers to many activities. Jewish Community Facilities Corporation. This subsidiary of our Federation continued its successful management and safe operation of the entire 100-acre campus— the largest Jewish Federation campus in the country. The sprawling property, including Sinai Residences of Boca Raton and Yeshiva High School now under construction, features more than 1 million square feet of building space, with schools, HUD senior living and JARC apartment buildings, office buildings, adult day care, and training, cultural and recreational facilities. Federation CCRC Development, LLC. This independent separate entity is a not-for-profit LLC solely owned by the Federation. It actively governs, and oversees the development of the Sinai Residences of Boca Raton. This vibrant, modern and luxurious 650,000 square foot Continuing Care Retirement Community (CCRC) that began welcoming residents in January 2016, occupies 23.5 acres on the Federation campus. Sinai Residences includes 234 Independent Living units, 48 Assisted Living units, 60 full nursing units, and 24 memory support units. Currently, 100% of the Sinai Residences Independent Living residence units have been reserved.
FEDERATION AFFILIATED CORPORATIONS
SINAI RESIDENCES OF BOCA RATON Opened in January 2016, Sinai Residences of Boca Raton is evolving to become one of the most highly desirable Continuing Care Retirement Communities in the country. Owned and governed by Federation CCRC Development, LLC, an independent, not-for-profit entity, its construction began shortly after the groundbreaking ceremony held in January of 2014. Interest in the luxury apartment residences remains high, with 100% of the Independent Living residences currently reserved, and a waiting list established. The resort-style senior living community is situated on 23.5 acres on the north campus of the Jewish Federation of South Palm Beach County. With 234 independent living apartment residences, Sinai Residences will also ensure guaranteed access to a full continuum of on-site care including assisted living, memory care and skilled nursing care, at predictable
Developed by
rates. Designed by world-renowned architects Perkins Eastman, built by Suffolk Construction, and managed by Life Care Services, the premier senior living manager in the country, the Life Care Community embodies the form and planning aesthetics of Mediterranean architecture. Sinai Residences’ maintenance-free lifestyle features an array of innovative services and upscale amenities designed to provide comfort, convenience and security. These include multiple dining venues (including accommodations for kosher meals), programs, classes, and indoor and outdoor common areas for the enjoyment of residents and their guests. For more information about Sinai Residences, please contact Amy Linder at 561.338.9595.
Managed by
FEDERATION OFFICERS/EXECUTIVE STAFF Chair Albert W. Gortz, Esq.
Vice Chair Arthur Goldberg
Chair Designate Anne L. Jacobson
Vice Chair Etta Gross Zimmerman
Vice Chair, Financial Resource Development David Pratt, Esq.
Secretary Debra Halperin
Vice Chair, Campaign Lawrence Feldman
Assistant Secretary Carol Smokler
Vice Chair, Jacobson Jewish Community Foundation Richard D. Steinberg, CFA
Treasurer David H. Galpern
Vice Chair, Women’s Philanthropy Judi Schuman
Assistant Treasurer David A. Kirschner
Vice Chair, Program Funding Council Joseph S. Mishkin
President & CEO Matthew C. Levin
Vice Chair, Israel & Overseas Eric Stein
Chief Operating Officer Mel Lowell
Vice Chair Wesley E. Finch
Executive Vice President Marla Weiss Egers
FOUNDATION EXECUTIVE COMMITTEE Chair Richard D. Steinberg, CFA
Chair, Nominating Committee David Pratt, Esq.
Chair, By-Laws Donald R. Tescher, Esq.
Chair, Women’s Philanthropy Planned Giving And Endowments Barbara Lewin
Co-Chairs, Create A Jewish Legacy Elyssa J. Kupferberg Anne L. Jacobson Norman Jacobson Mark A. Schaum, Esq., CPA Chair, Grants & Scholarships Committee Kathy Green Chair, Insurance Committee Seth A. Marmor, Esq. Chair, Investment Committee Matthew J. Kutcher, CFP
Chair, Professional Advisory Committee Laurence I. Blair, Esq. Immediate Past Chair David Pratt, Esq. At Large Stanley Barry Thomas R. Kaplan Robert B. Lewis Michael Lipton Dorothy Wizer
Chair, Jewish Women’s Foundation Alice Kemper Chair, Marketing Dale Filhaber
FOUNDATION BOARD OF TRUSTEES Includes Executive Committee
FEDERATION BOARD MEMBERS
Matt Baker* Michael Beckerman Laurence I. Blair Dana Charles-Kodner Helen Cohan Toby Cooperman Alan Cornell Jill Deutch Judi Donoff* Bryan Drowos Howard DuBosar Rabbi David Englander Dale Filhaber Meryl Gallatin Louise Galpern Stuart Ganslaw Rani H. Garfinkle Ivan Gefen Harvey Geller* Glen Golish Emily Grabelsky Kathy Green Dr. Gail Greenspoon Shelly Pechter Himmelrich Eydie Holz Betty Kane Thomas R. Kaplan Stewart Kasen Lawrence Katz Dr. Gail Rubin Kwal April E. Leavy Adele Lebersfeld Murray Leipzig
Rabbi Daniel Levin Barbara Lewin Sarah Lippy Michael Lipton Roxane Frechie Lipton Robert Marton Genevieve Menaged* Stephen A. Mendelsohn Rabbi Philip Moskowitz Jeffrey Newman Cindy Orbach Nimhauser Richard Paul Barry Podolsky Wendy Pressner Kenneth Pritzker Susan Rahn Norman Ricken Andrew S. Robins Jill Rose Michael Rose Robin Rubin Ellen R. Sarnoff Mark Schaum Dr. David Schimel Rabbi Robert Silvers Joseph Sitrick Richard Stolls Ted Struhl Dorothy M. Wizer Ilene Wohlgemuth • Beneficiary Agency Chair/President
FEDERATION DIRECTORS EMERITUS Margie B. Baer Edward I. Burns Karola Epstein Kinnie Gorelick Dorothy Lipson Lawrence Phillips**
Clarice F. Pressner Gordon Salganik Dorothy P. Seaman** Richard Siemens Shirley Solomon Elizabeth S. Zinman
Adam Bankier, Esq., CPA Jeff Baskies Michael Beckerman Dana Charles-Kodner, Esq. Caryn J. Clayman, Esq. Helen Cohan Alan Cornell Janet Elinoff David E. Friedman Sheila Fuente Louise Galpern Joan Garde Ivan Gefen Clifford S. Gelber, CPA Stephen Grabelsky Shelly Pechter Himmelrich Betty Kane David A. Katzman, CPA, CFP David A. Kirschner Richard M. Kwal Martin Lifton
Sandra L. Lippy Roxane Frechie Lipton Donald N. Love Linda A. Melcer Cindy Orbach Nimhauser Kenneth A. Pritzker Jonathan I. Sahn, CLTC Michael J. Shapiro Roz Silver Lindsey Donoff Silverman, Esq. E. Brian Singer, CFP, CLU Ted Struhl Barbara Werner Jerome L. Wolf, Esq. EX OFFICIO, JFSPBC Albert W. Gortz, Esq. Matthew C. Levin Lawrence Feldman
FOUNDATION PAST CHAIRS Gary Bernstein ** Albert W. Gortz, Esq. Marvin A. Kirsner, Esq. Jerome L. Wolf, Esq. Eric W. Deckinger Ralph M. Solomon **
1984 – 1986 1986 – 1988 1988 – 1990 1990 – 1991 1991 – 1994 1994 – 1996
Eugene Pargh Jeffrey S. Kahn, Esq. Caryn J. Clayman, Esq. Charles Ganz Thomas R. Kaplan David Pratt, Esq.
1996 – 1997 1997 – 2001 2001 – 2004 2004 – 2005 2005 – 2008 2008 – 2013
FEDERATION PAST CHAIRS James B. Baer ** Marianne Bobick James H. Nobil ** Marvin Zale Allan B. Solomon Richard Okonow ** Herbert Gimelstob
1979 – 1983 1983 – 1986 1986 – 1988, 1999 – 2001 1988 – 1991 1991 – 1992 1992 – 1995 1995 – 1998
Ralph Solomon ** Andrew S. Robins, Esq. Lawrence D. Altschul Etta Gross Zimmerman Stewart G. Harris ** Cindy Orbach Nimhauser Ellen R. Sarnoff
1998 – 1999 2001 – 2003 2003 – 2005 2005 – 2007 2007 – 2010 2010 – 2011 2011 – 2014
**Of Blessed Memory
BENEFICIARY AGENCIES The Jewish Federation of South Palm Beach County, the Jacobson Jewish Community Foundation and the Jewish Women’s Foundation are proud to support the following organizations’ work to sustain our Jewish community and our people locally, in Israel and around the globe:
Adolph & Rose Levis Alzheimer & Adult Day Care at the Volen Center Adolph & Rose Levis Jewish Community Center
Congregation Torah Ohr Deborah & Larry D. Silver Center for Jewish Engagement Donna Klein Jewish Academy
American Jewish Joint Distribution Committee BBYO Gold Coast Region
Eden Center ELI: Israeli Association for Child Protection
Boca Jewish Center/Shaarey Tefilla Ethiopian National Project B’nai Torah Congregation Federation Transportation Services B’nai B’rith Boca Raton Synagogue
Florida Association of Jewish Federations
Chabad of Boca Raton
Friends of Yemin Orde
Chabad of East Boca
Hadassah, The Women’s Zionist Organization of America
Chabad Student Center Hebrew Free Loan Society Center for Holocaust and Human Rights Education at FAU
Hillel International
Center for Women’s Justice
Hillel of Broward & Palm Beach
Congregation Beth Adam
International Beit Din
Congregation B’nai Israel
Israel Action Network
Congregation Shaarei Kodesh
Israel National Museum of Science, Technology & Space (MadaTech)
Women’s Spirit Jerusalem U Yeshiva High School Jewish Adoption & Foster Care Options
Federation helped provide counseling for
Jewish Agency for Israel
544
Jewish Association for Residential Care
individuals through local Jewish family services.
Jewish Community Relations Council Jewish Education Center of South Florida Jewish Council for Public Affairs Jewish Federation of Greater Houston Flood Relief Jewish Federations of North America Jewish National Fund/Alexander Muss High School in Israel Jewish Recovery Center Jewish Student Union Katz Hillel Day School of Boca Raton
We helped
Kosher Konnection
450
Liumi
local college students experience Shabbat and holiday programming with a Campus Rabbi.
March of the Living NCSY PJ Library® Ruth & Norman Rales Jewish Family Services Stand With Us Taglit-Birthright Israel Temple Beth El Temple Beth Shalom Together Beyond Words Torah Academy of Boca Raton World ORT
Federation helped transform the lives of
1,000
at-risk teens in four Israel youth villages.
REVENUE & EXPENSE REPORT (IN THOUSANDS)
GRANTMAKING (IN THOUSANDS)
Jewish Federation of South Palm Beach County, Inc. Jacobson Jewish Community Foundation (JJCF) Jewish Community Facilities Corp. 2014-2015 Financial Highlights Revenue, Expense, and Grantmaking Report Final Audit Information
FEDERATION GRANTS:
TOTAL OTHER REVENUE
Adolph & Rose Levis Jewish Community Center Ruth & Norman Rales Jewish Family Services Donna Klein Jewish Academy Jewish Association for Residential Care Katz Hillel Day School Torah Academy $ 14,235 Yeshiva High School $ 9,969 Combined Outreach Grants* $ 2,721 Adolph & Rose Levis Adult Day Care Center Florida Hillel Council $ 26,926 Transportation Services Jewish Adoption and Family Care Options Birthright Israel $ 769 Temple Beth El $ 1,520 Special Needs Task Force $ 738 B’nai Brith Youth Organization- Florida $ 1,899 Kosher Konnection $ 704 TOTAL: $ 5,630 OVERSEAS GRANTS*:
TOTAL SUPPORT AND REVENUE
$ 32,556
SUPPORT & REVENUE: Annual Campaign Foundation Contributions, Gifts, Grants Program and Other Revenue
TOTAL PRIMARY REVENUE OTHER REVENUE: Interest and Dividend Income from Investments Realized Gains from Investments Facilities Corp. Misc. Revenue Facilities Corp. - Revenue from Beneficiary Agencies on Campus Other
Through Jewish Federations of North America
$ 1,033 $ 1020 $ 704 $ 379 $ 203 $ 181 $ 138 $ 90 $ 60 $ 40 $ 30 $25 $ 20 $ 10 $5 $4 $4 $ 4,045 $ 1,484
FOUNDATION GRANTS (JJCF) EXPENSE: PROGRAM & GRANTMAKING EXPENSES Jewish Federations of North America - Dues Jewish Federations of North America - Overseas Grants Federation & Foundation Grants to Various Beneficiaries Foundation Grants (JJCF) Charitable Grants - From Weinberg Fund Planning, Community Relations, Overseas, Jewish Education, Foundation Communications, Event Expenses, Support to Agencies (HR, PR, IT, FS) TOTAL PROGRAM & GRANTMAKING EXPENSES ADMINISTRATIVE AND MANAGEMENT EXPENSE
Kamsly Fund Grants for Jewish Teen Programming* $ 71 Jewish Women’s Foundation Grants* $ 88 $ 516 Scholarships $ 30 $ 1,484 Grants for Special Projects* $ 50 $ 4,045 Mollie Rosenthal Memorial Fund $47 $ 3,476 Women to Women Rapid Response $2 $ 251 JJCF Grants from Donor Directed Funds to Charitable Organizations $ 3,188 $ 3,090 $ 3,476 $ 4,203 $ 17,065 FACILITIES - CAMPUS OPERATING COSTS, NET $ 1,495 On behalf of Beneficiary Agencies on Federation Campus, net* $ 1,141
FUNDRAISING EXPENSE
$ 1,774
WEINBERG FUND GRANTS FOR SENIOR PROGRAMS*
$ 251
FACILITIES/CAMPUS OPERATING COSTS DESIGNATED SUPPLEMENTAL GIFTS: In addition to the Annual Campus-Wide costs $ 2,244 Campaign, supplemental gifts were made to, or through the Federation, to Jewish Campus costs on behalf of Beneficiary Agencies, gross of income $ 3,040 organizations, apart from Annual Campaign or Emergency Campaigns. Supplemental gifts enhanced Federation’s ability to advance certain programs and projects, and TOTAL FACILITIES/CAMPUS OPERATING COSTS $ 5,284 address emerging needs. Federation made distribution payments from these gifts within the 14-15 Fiscal Year totaling: $ 253 *See note below
TOTAL EXPENSES
Total Expenses $25,618 (In Thousands)
67%
$ 25,618
$5,284
*NOTE: Jewish Community Facilities Corporation (“Facilities Corp”), a separate 501c2 entity, and a subsidiary of the Federation, operates and manages the 100-acre campus with over 300,000 square feet of building space.
7%
In Fiscal 2014-15, Facilities Corp. funded over $5 million to operate the campus, of which $3 million is attributable directly to the campus beneficiary agencies. The agencies assumed $2 million of that cost, and Facilities Corp. absorbed the remaining $1 million on their behalf, plus the additional $3 million campus-wide costs.
21%
Facilities/Campus Costs (Granting to Beneficiary Agencies Net $1,141)
Program Expenses and Grantmaking
$17,065
Fundraising
$1,774
5%
Admin./Management
$1,495
*See list of all beneficiaries on pages 10 and 11.
Jacobson Jewish Community Foundation (JJCF) Statement of Activities - Fund & Operations FYE 8/31/15 (In Thousands) BEGINNING NET ASSET BALANCE 9/1/14
$ 48,553
REVENUE
Fund Contributions Investment Activity
$ 9,970 $ (527) $ 9,443
TOTAL FUND REVENUE
$ 88
OPERATING REVENUE
$ 9,531
TOTAL REVENUE EXPENSES Fund Charitable Grants Operating Expenses
$ (3,476) $ (1,348)
TOTAL EXPENSES
$ (4,824)
NET ENDOWMENT GROWTH
$ 4,707
ENDING NET ASSET BALANCE 8/31/15
$ 53,260
Charitable Grants Through JJCF Fiscal Year 2014/2015 (In Thousands)
29%
Total: $3,476
to Other Jewish Organizations
38%
to JFSPBC Annual Campaign
From Donor Advised Funds, JWF, Kamsly, Scholarships & Unrestricted Granting:
From Donor Advised Funds, LOJE. PACE & Unrestricted Granting:
$997
$1,344
14%
to JFSPBC Beneficiary Agencies - DKJA, JARC, JCC & JFS From Donor Advised Funds & Designated Endowments:
$483
19%
to Other Charitable Organizations From Donor Advised Funds to Universities, Hospitals, etc.:
$651
The Jacobson Jewish Community Foundation (JJCF) combined assets under management total are approaching $80 million. These include $53 million in net assets plus $27 million held by JJCF as custodian for local agency and synagogue funds. This past year, JJCF provided grants totaling over $3.5 million to more than 250 local, national and international organizations, including over $1.3 million in grants in support of our Federation’s Annual Campaign. JJCF seeks to create a strong philanthropic culture of planned giving throughout our community by partnering with fifteen local Jewish institutions and synagogues.
2015-16 CORPORATE SPONSORS* $25,000+
$5,000+ CONT’D
$2,500+ CONT’D
BNY Mellon Wealth Management
Marsh & McLennan Agency | Florida
Toshiba Business Solutions
The Mordis Group with Merrill Lynch
Vitas Healthcare
Hotwire Communications
WGI
Polen Capital Management Wells Fargo Private Bank
Zeuner Realty Suffolk Construction
$20,000+
Virgin Printing Corp.
$50,000+
MBAF (Morrison, Brown, Argiz & Farra, LLC)
Waterstone Resort & Marina, a DoubleTree by Hilton
Proskauer Steinberg Global Asset Management, Ltd
Southern Wine and Spirits of America, Inc.
ADP BB&T
$25,000+ Boca Magazine
Akerman LLP Assistant Hands of Boca Raton and Delray Beach
Boca Raton Regional Hospital
Bankier and Arlen Law Group, PLLC
Mozart Cafe & Butcher Block Grill
Sandelman Foundation
The Boca Raton Observer
$2,500+
$10,000+
&
IN-KIND
BAER FAMILY FOUNDATION, INC.
$20,000+ Hotwire Communications
$15,000+ Ivan & Co Jewelers
Baer Family Foundation, Inc.
Sun-Sentinel Media Group
Branham Realty, Inc.
$5,000+
$5,000+ Choice Employee Benefits Inc.
Brown’s Interior Design
CM Graphics
Atlas Party Rental COMMERCIAL Commercial Printers, Inc. COMMERCIAL
PRINTERS
INC.
Berger Singerman
PRINTERS INC.
DermPartners
Neiman Marcus
E-Council Inc.com
Prime Cigar & Wine Bar
Greenbrier
Waterstone Resort and Marina, A Doubletree by Hilton
CBIZ MHM, LLC Florida Blue
Greenberg Traurig P.A.
Greenspoon Marder Law
HJ Sims
Marcus & Levine, CPAs
The Popper Group at Morgan Stanley
2,500+ Dataman Group Direct
Northern Trust
Rehmann Squire Patton Boggs (US) LLP
Sunstates Security, LLC
Inc.
Happiness is Freedom
URMagnificent, Inc. Winn Dixie
*listing in alphabetical order by level as of 3/14/16
9901 Donna Klein Boulevard Boca Raton, Florida 33428 561.852.3100 jewishboca.org facebook.com/jewishboca @jewishboca