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community

fiscal 2012 report to the

A Publication of the Allied Jewish Federation of Colorado

AUGUST 2012

Colorado Legislators at the 2011 Community Menorah Lighting Ceremony with the JCC Preschool Choir

The AJF Enterprise For 66 years, the Allied Jewish Federation of Colorado has worked to raise money and build community as the umbrella organization in Colorado. Our mission is to build and sustain Jewish life in Colorado, Israel and around the world. As a member of the Jewish Federations of North America (JFNA), with 157 Jewish federations and 300 independent communities across the world, we represent the collective voice of Jewish life in Colorado. We partner with local, national and international organizations to fund and manage vital community programs and build a Jewish future through longterm giving.

1. The Allied Jewish Federation of Colorado (Federation): Raises funds through an Annual Campaign to support local and overseas community partners as well as vital Federation programs and services.

Currently, the Allied Jewish Federation of Colorado Enterprise is split into two operating groups to provide resources for present and future community needs:

The Enterprise raised approximately $12 million in total Financial Resource Development (FRD) during the 2012 campaign year. With the combined funds, the Enterprise supports local and overseas partners in three ways: allocations, recommended donor designated giving, and distributions from donor advised funds.

2. The Jewish Community Foundation (JCF): Builds an endowment through which the next generation will prosper as well as supporting local agencies and programs. While both organizations are housed under the Allied Jewish Federation of Colorado Enterprise umbrella, they operate as separate businesses.

1 The AJF Enterprise 2 2012 Year in Review 3 Value-Added Programs

Five Days of Doing Jewish

Allocations & 4 Local Unrestricted Giving

5 Local Impact 6 Local Stories 7 Mobilizing in Times of Crisis 8 Israel, National & Overseas Community 10 Jewish Foundation Federation’s 11 Reimagining Future Upcoming Events

Your Partners in Jewish Philanthropy

12 2012-13 Board & Leadership


2012 Campaign Year in Review Federation’s 2012 Annual Campaign – Unaudited Numbers

Amy Toltz-Miller

The 2012 campaign year has been one of learning and transparency. The Federation has challenged itself to explain its work and define a measure of success to its constituents. “Our Enterprise is not only about the Annual Campaign. We look at our campaign year’s results in terms of our total Financial Resource Development (FRD),” said Doug Seserman, President and CEO of Federation. “Our total FRD allows us to help with immediate needs today and prepare for future needs tomorrow. We do this through the Annual Campaign for operating support (General Campaign, Women’s Campaign, Unrestricted Gifts, Restricted Gifts, Grants, and Corporate Sponsorships), as well as endowment and planned giving through the Jewish Community Foundation.”

“The Federation Annual Campaign may be seen as complex but it is actually quite simple. Federation funds programs and services that meet Jewish needs in Colorado, Israel, and around the world. We sustain Jewish identity and culture for our children and future generations.”

Although the 2012 Annual Campaign numbers are still being finalized, we project the 2012 campaign to close as follows: • Total Annual Campaign: $10 million (-8%, -3% excluding GA) • Unrestricted Annual Campaign Allocable Gifts ≈ $6.2 million (-1%) The unrestricted campaign includes our core funds, such as Flagship, Israel/Global, Denver, Boulder, Ramat Negev and the Rose Community Foundation local allocations grant. It is the FY12 unrestricted campaign that is allocable in the FY13 budget year. • Restricted Non- Allocable Gifts ≈ $3.8 million (-5%) Examples of the restricted non-allocable campaign include donor designated gifts (through Total Choice Tzedekah) as well as our supplemental campaigns like of the Early Childhood Education Scholarship Fund, the Shlichah campaign to support the Colorado community’s Israeli Emissary and emergency relief campaigns like the Colorado Fire Relief Fund.

– Amy Toltz-Miller, Annual Campaign and Jewish Philanthropy Center (JPC) Chair

Highlights - Financial Resource Development (FRD) 2008 actual

Campaign Year

2009 actual

2010 actual

2011 actual

2012 projected

% change 2012 vs 2011

Total Annual Campaign Dollars $12.5 $10.4 $10.1 $10.9 $10.0 -8%* Unrestricted/Allocable $8.2 $6.5 $6.3 $6.3 $6.2 -1% Restricted/Non-Allocable $4.3 $3.9 $3.9 $4.0 $3.8 -5% General Assembly (GA) - - - $0.6 - Total Donors 6,210 5,550 5,454 5,182 5,141 -1% Jewish Community Foundation (JCF) $3.8 $1.2 $1.2 $7.5 $2.4 -68% Community Capital Fundraising $2.2 - - - - 0.0%

Total FRD** $18.5 $11.6 $11.3 $18.4 $12.4 -33% JCF Total Assets $41.4 $36.0 $34.6 $38.0 $39.8 5% Anticipated/Testamentary Gifts $16.5 $15.0 $15.6 $15.8 $15.8 JCF Total Assets + Anticipated/Testamentary $57.9 $51.0 $50.2 $53.8 $55.6 3% * Excluding General Assembly % change = -3% ** FRD = Financial Resource Development

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Value-Added Programs Federation manages and funds a number of programs and services on behalf of the community. Here are some highlights: Shlichah – A Three Year Program Jewish Community Relations Council (JCRC) In cooperation with The Jewish Agency The JCRC is made up of nearly 40 organizations and represents for Israel (JAFI), Federation committed to the consensus voice for policy and advocacy for the organized Jewish community in Colorado. The JCRC recently celebrated its a 3 year supplemental campaign to bring back the touted Shlichah program. In the 6th Annual Leadership Luncheon honoring The Honorable Carol past year, our Shlichah, Michal Uziyahu Boigon, State Representative B.J. Nikkel and Howard Boigon. from Ramat HaNegev, has come to play The approximately 200 participants learned about JCRC and a valuable role in our Colorado Jewish heard from Colorado Governor John Hickenlooper and Denver community. She has brought Israel to Mayor Michael Hancock. From December 5-11, 2011, JCRC Colorado through education, commentary brought 15 Colorado legislators to Israel to learn first-hand on events, and counsel about travel to about Israel success stories that specifically relate to current Israel. Additionally, Michal has breathed Colorado interests. Michal Uziyahu, Israeli Shlichah and Family new life into our Yom Ha’Zikaron and Yom Young Adult Department (YAD) Ha’Atzmaut programming. We are excited to see the work Michal will do in our The Young Adult Department provides young Jews, ages 21-45, community over the next two years. with opportunities for social activities, leadership development, Umbrella Jewish Community Marketing social action and Federation affiliation through campaign Federation provides valuable tools to build and sustain the local Jewish community. participation and education. During the Five Days of Doing These products include: Jewish, YAD gave back to the local community with more than • JewishColorado.org 500 young adults in a day of community service. Subsequently, in • Online Community Calendar December 2011, Federation sponsored a Young Adult Community • “What’s Happening in Jewish Colorado” Service Mission, sending seven young Jewish leaders to Israel for a week of community service. They repaired and renovated the Federation is currently in the process of updating JewishColorado.org. Progress was third floor of the Elyashiv Boy’s High School in Lod. made in 2012 towards redesigning the website with the community’s feedback and implementing elements that the Colorado Jewish community wants and needs. The young adults in our community have been busy reinventing the YAD programming and structure. In 2012, YAD held regular Shabbat dinners which each drew approximately 100 participants, they participated in broader Colorado community events such as Pride Fest, and supported premium programming such as Cocktails with a Macher and the Ben Gurion Society (BGS) exclusive event Spirits and Spirits with Rebecca Rosen.

Early Childhood Education Scholarship Fund (in partnership with Rose Community Foundation) Federation worked in partnership with Rose Community Foundation to launch a multiyear Early Childhood Education (ECE) Scholarship Fund benefitting Jewish families with preschool-aged children in the community. The fund has already distributed $285,000 to over 165 children at 12 local Jewish ECE centers to respond to enrollment shortages and increased scholarship requests in the aftermath of the economic downturn.

The Five Days of Doing Jewish – A Community Success From November 6-10, 2011 the Jewish world’s eyes were focused on Denver. Planning began months in advance and more than 400 local volunteers participated. We hosted more than 3,000 delegates (including 300 from Colorado) at the Jewish Federations of North America General Assembly, which returned to Denver after an absence of 17 years. Through the GA, we welcomed thought-provoking speakers, attended hands-on workshops, and visited with attendees from around the world. Additionally, we planned “Hineni: Here to Serve,” a half-day of community service with more than 500 young adults volunteering at 17 local charities. Finally, we shared the work Federation does in our community, Israel and abroad with 2,500 attendees at our two largest signature events, CHOICES and Men’s Event. 3


Local Allocations and Unrestricted Giving Federation is the only Jewish organization in Colorado that serves the entire Jewish community. Through Federation’s Annual Campaign, donors support programs and services that are critical to our community. Donations to Federation’s unrestricted or Core Funds (i.e. Flagship Fund and others) provide the revenue stream for local allocations. Federation is responding to emerging challenges and ongoing community needs through the local allocations process. The Jewish Resource Center (JRC) Board, which has primary responsibility for overseeing local allocations, tightened its focus to make allocation decisions based on critical, pressing community needs under two categories: Jewish Continuity and Safety Net. • Jewish Continuity: Funds help Jews to connect to, and learn more about, their Judaism and Jewish life at any point in their life’s journey. • Safety Net: Funds ensure that those who are most vulnerable in our community are able to maintain a high quality of life and feel secure. “The landscape has changed for fundraising and charitable giving,” said Marnie Klein, JRC Board Chair. “Donors want to know what they are supporting. Our donors, especially the major donors who contribute 70% of the campaign dollars, want to know more specifically how their gifts are being used. We’ve responded to the changing environment by identifying and funding specific, local programs and services.”

Impact on Local Agencies/Synagogues – $1.3 Million in Local Allocations $5.1 Million in total dollars to local agencies

Federation Fills the Funding Gap to Help Local Organizations Deliver Much-Needed Programs and Services With donor support, Federation allocates funds to fill the funding gap, helping local organizations to deliver critical programs and services to the Jewish community. A funding gap exists when an organization has a deficit in funding between the cost of running a program and projected program revenue.

Raised in FY11| Distributed in FY12 Organization

Key local organizations, termed Essential Community Partners, which historically have received over 90% of funding available for local allocations, identify the funding gap for specific programs and services, and then submit a request for funding to the JRC. The JRC Board then reviews and approves these funding requests. Federation raised funds in FY11 through the Annual Campaign, and distributed these dollars in FY12 through the local allocations process. A total of $1.3 million was distributed to 38 local organizations, including $47,000 spent for community support of local organizations through event sponsorships, journal ads, etc. In addition to local allocations, organizations receive significant dollars through donor designated giving and distributions from donor advised funds housed at the Jewish Community Foundation (JCF). Federation’s Total Choice Tzedakah program allows donors to give ‘to and through’ Federation to support the important work of organizations locally, in Israel and around the world. See chart on page 5 for Federation’s FY12 local distributions.

Program/Service Highlights for FY12 Jewish Safety Net

Total Allocation

Loup JCC Senior Program JFS Community Chaplaincy Program JFS Jewish Disabilities Network JFS Senior Case Management Service for Jews Community Nutrition Maintenance Program JFS Boulder Senior Programming JFS Weinberg Food Pantry Shalom Cares Nursing CNA Staff Person

$82,000 $71,320 $53,700 $43,500 $67,000 $18,980 $46,000 $41,200

% of Gap Funded

100% 100% 100% 75% 82% 100% 50% 78%

% of Total Program Cost Funded

89% 87% 32% 12% 32% 20% 19% 78%

Jewish Continuity Loup JCC Children and Teen Resident Camping Keshet of the Rockies Special Education Services BBYO Convention Scholarships for Teens BBYO Teen Connection Program CAJE Denver High School CAJE Boulder High School Hillel of CO Outreach Programming ADL Holocaust Curriculum Training

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$51,000 $38,000 $12,900 $10,000 $71,000 $30,000 $52,000 $2,400

96% 16% 100% 71% 47% 49% 40% 40%

5% 16% 63% 45% 34% 21% 32% 40%

2012 Local Distributions*

Donor Designated Pledges**

JCF Distributions ***

ECE Scholarship Fund Distributions ^

Total

$1,500 $49,200 $1,550 $4,351 $1,050 $2,000 $15,640 $22,444 $42,668 $1,200 $1,500 $98,284 $1,500 $382 $22,500 $7,500 $2,500 $23,984 $120,094 $5,120 $360 $9,000 $12,000 $9,800 -

$19,601 $13,869 $1,616 $20,396 $2,334 $32,654 $9,263 $32,558 $3,519 $538 $17,121 $27,108 -

$62,210 $288,370 $69,160 $95,262 $28,266 $79,276 $54,616 $24,476 $40,325 $285,016 $67,000 $142,144 $437,981 $15,940 $104,013 $117,201 $156,750 $669,422 $10,550 $7,878 $6,460 $91,594 $2,800 $21,075 $54,260 $48,098 $519,333 $10,820 $14,719 $325,330 $1,900 $42,068 $2,420 $21,812 $2,301 $68,271 $47,720 $126,298 $150,838 $475,000 $293,620

$180,577 $180,577

$5,082,593 $47,000 $5,129,593

American Jewish Committee (AJC) Anti-Defamation League (ADL) Beth Jacob High School BMH-BJ Congregation ^^ BBYO Boulder Jewish Community Center (BJCC) Boulder Jewish Day School Chabad Jewish Center, South Metro Denver ^^ Chabad of Colorado (Includes 10 Chabad organizations) Colorado Agency for Jewish Education (CAJE) Community Nutrition Maintenance ^^^ Denver Academy of Torah (DAT) Denver Jewish Day School (DJDS) Denver Community Kollel Hebrew Educational Alliance Hillel Academy Hillel of Colorado Jewish Family Service (JFS) Kabbalah Experience Kehilath Aish Kodesh Keshet (GLBT) Keshet of the Rockies Limmud Colorado Menorah Mizel Museum Ramah in the Rockies ^^ Robert E. Loup Jewish Community Center (LJCC) ^^^^ Rocky Mountain Rabbinical Council (RMRC/ITJ) Rodef Shalom ^^ Shalom Cares Shalom Palliative Care Southeast Center for Judaism ^^ Stand By Israel Stepping Stones Synagogue Council of Greater Denver Temple Emanuel ^^ Temple Sinai ^^ The Jewish Experience Yeshiva Toras Chaim Supplemental & Emergency Campaigns Other Local Donor Designated Pledges

$1,800 $22,900 $18,850 $1,800 $22,900 $39,817 $1,800 $9,200 $176,000 $67,000 $29,570 $86,010 $1,800 $46,150 $74,000 $262,000 $1,800 $1,240 $1,800 $38,000 $1,800 $20,600 $5,000 $1,800 $205,600 $10,000 $1,800 $41,200 $1,800 $1,800 $2,300 $9,000 $1,800 $1,800 $1,800 $1,800 $24,220 -

$58,910 $216,270 $48,760 $69,510 $5,366 $24,540 $53,000 $2,280 $29,125 $93,376 $87,796 $309,303 $14,140 $71,359 $60,588 $81,250 $309,138 $7,250 $6,256 $4,660 $31,094 $1,000 $475 $41,760 $43,798 $257,191 $820 $9,400 $164,036 $100 $34,610 $120 $12,452 $501 $40,350 $18,812 $112,498 $116,818 $475,000 $293,620

SUB-TOTAL Community Support (sponsorships, event tickets, etc.) TOTAL LOCAL SUPPORT

$1,238,557 $47,000 $1,285,557

$3,207,332 $3,207,332

$456,127 $456,127

* Local allocation amounts determined 2/11-6/11, and were paid out to organizations during the 2012 fiscal year (7/1/11-6/30/12). ** Indicates pledges to the 2011 Annual Campaign - includes Donor Designated-Operating and 5C Contributions - Paid out to organizations when pledge is paid to Federation (roughly 85% of pledges are paid by donor within 2 years of pledge date). *** Indicates distributions from Jewish Community Foundation funds from 7/1/11-6/30/12 - includes Donor Advised Funds, Restricted Donor Advised Funds, Restricted Endowments and Supporting Foundations. ^ Funding provided by the Allied Jewish Federation and Rose Community Foundation, and granted to students in need based on the recommendation from an independent grant and aid assessment organization. ^^ Amount in “2012 Local Allocations” column reflects Colorado Child Care Contribution Credit (5C) funds only. ^^^ Administered on behalf of the community by Shalom Cares, the Robert E. Loup Jewish Community Center and Jewish Family Service. ^^^^ Amount in “Donor Designated Pledges” column includes pledges to MACC, Maccabi Games, Ranch Camp and Robert E. Loup Jewish Community Center.

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Local Allocation Stories KESHET OF THE ROCKIES Special Education Services for Day Schools |16% Gap Funded Many parents face the challenging choice of deciding between sending their special needs child to a public school that has governmentally funded classroom aids OR sending them to a Jewish day school which may not have this classroom assistance. Keshet provides in-school support for children enrolled at our Jewish day schools who have special learning needs and physical challenges, allowing these children access to a Jewish education. When many of these students would fall through the cracks, Keshet steps in and gives them the extra attention they need. The Federation’s allocation provided funding to pay for 543 therapy hours of in-school assistance. ROBERT E. LOUP JEWISH COMMUNITY CENTER Israel Shlichim for Ranch Camp and Camp Shai | 98% Gap Funded For many of us, our fondest childhood memories begin at Jewish summer camp; sleep away or resident camp, day camp, arts and crafts, sports, and Israeli counselors. The Robert E. Loup JCC provides Israeli counselors (called “shlichim” in Hebrew, meaning “emissaries”) for both of their summer camps; Ranch Camp and Camp Shai, and the Federation provided 98% of the funding that enabled these counselors to have positive impacts on the lives of our youth. Memories of Israeli games or that one Hebrew word they taught you at summer camp often stay with you for the rest of your life. The shlichim are a vital part of the Jewish camp ecosystem and positively affect all the campers and staff. BBYO Convention Scholarships | 100% Gap Funded BBYO shapes and impacts the lives of teenagers across the US by providing meaningful Jewish experiences through conventions and meeting other young Jews… a rite of passage many may take for granted. Not all BBYO members have the financial resources to attend and travel to conventions, which serve as experiences that solidify relationships and teach teens to be leaders in their own Jewish community. The Federation’s allocation provided nearly $13,000 in funding, enabling 75 teens to attend one of four conferences a year. The value of these conferences should not be underestimated. JEWISH FAMILY SERVICE Community Chaplain | 100% Gap Funded There are some situations in life that you can’t plan for. Each year, many members of our community face catastrophic life events without any spiritual or emotional support. The Jewish Community Chaplain, a program of Jewish Family Service of Colorado (JFS), brings spiritual comfort to members of the Jewish community in hospitals, long-term care facilities, hospices, and correctional facilities. The Federation provided significant funding for this program, enabling 599 people to find solace and spiritual support at a difficult time in their lives.

Mobilizing in Times of Crisis – More than 500 Donors Across the US Step Up to Help Colorado Federation mobilizes resources to respond quickly to crisis situations. “Our tradition says whoever has saved one life, it is considered that he has saved the whole world,” said Doug Seserman, Federation’s President and CEO. “We have a responsibility to our greater community to assist in saving and sustaining as many lives as we can.” One example is the Colorado Fire Relief Fund, a fundraising effort in conjunction with local synagogues and community organizations as well as our national partners, to help victims, firefighters and other first responders as well as others impacted by the fires. “We mobilized our national Jewish community quickly to help victims and relief efforts in response to the massive fires across Colorado, raising more than $85,000 from 20 states in addition to our local community,” said Janet Sherman, JCRC and INO Director. “We are so proud to be a part of the JFNA community and through that existing crisis relief structure, Federation has established an effective way for our community to respond with all donations going directly to help disaster relief efforts. Our collective response to crisis situations is amazing and we are still receiving funds.”

The Strength of Community

One-hundred percent of all donations to Federation’s Colorado Fire Relief Fund will go directly to fire recovery and helping victims. There will be no administrative fees taken out of these funds. To date, funds have been allocated to the American Red Cross, the Salvation Army and firefighters in Colorado Springs and Ft. Collins. Federation will allocate the remaining funds once long-term needs are assessed for impacted areas.

JFNA and Jewish Federations are committed to care for victims of global natural disasters, and have emergency relief plans in place to aid those in need. Last year, Jewish Federations raised funds for those affected by widespread storms around the U.S., and more than $1 million for victims of the earthquake, tsunami and nuclear crisis in Japan. Other recent fundraising efforts included $30 million to help those affected by Hurricane Katrina, and $10 million in the aftermath of the southern Asia tsunami in 2004.

Doug Seserman, AJF President & CEO with Geno Greco, Regional CEO, American Red Cross CO Chapters

98 Local Organizations Receiving Support 5,141 Donors

37 Jewish Community Relations Council Members 7 New Lion of Judah Endowments (LOJE)

80 Overseas Organizations Receiving Support

12 New Donor Advised Funds (DAF)

550 Young Adults Giving Back at the Day of Service 6

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Israel, National & Overseas (INO) INO Allocations

Partnerships with Ramat HaNegev, Nitzana & Lod

Each year, our donors support international organizations which strengthen the Jewish state and reach thousands of Jews in need around the world. The INO allocations for 2012 totaled $1.3 million. The main allocation areas were:

With the guidance of our INO Board, Federation continues to build and strengthen our community’s relationship with Ramat HaNegev. Support comes through the “Ramat HaNegev Fund” as well as the Israel-Global Fund and Flagship Fund allocations. Ultimately, our partnership goal is to enrich the quality of life and economic opportunity to double the region’s population by 2020; and to connect our two communities – making it both of our “home away from home.”

1. Israel and Overseas through our partners: the Jewish Agency for Israel (JAFI), the American Jewish Joint Distribution Committee (JDC), and World ORT. 2. Our Partnership with the Ramat HaNegev Regional Council, the Nitzana Educational Community, and Garin HaTorani in Lod. Another major allocation area was JFNA annual dues, which connects our community to a national and international network of Jewish communities, national expertise/consultation, Washington and Israel advocacy.

The Nitzana Educational Community, with strong ties to Colorado over many years, hosts a plethora of programs including: MIR, for young adults from the former Soviet Union exploring living in Israel and seminars for 15,000 Israeli high school students annually teaching them about clean and renewable energy, the desert, ecology, and environmentalism.

INO’s guiding principles for funding determinations/priority areas include philanthropic activities in Israel; programs to help bring Colorado teens and young adults to Israel; programs to help bring greater Israeli contact/awareness to Colorado; support for national agencies overseeing philanthropic activities in Israel and world Jewry outside of Israel.

With Garin HaTorani in Lod, a non-profit which supports social and urban renewal in Lod, Federation supports the Denver Community Center which provides children and their parents with cultural and educational activities.

3. Connecting the next generation to their Jewish identity and to Israel

Raz Arbel with Negev Tomatoes

INO Programs

INO Giving

Jewish Agency for Israel The Jewish Agency’s mission is to inspire Jews throughout the world to connect with their people, heritage and Land, and empower them to build a thriving Jewish future and a strong Israel. Two examples of Jewish Agency programs are:

Program

• Nativ – 2,522 new immigrant soldiers strengthened their Jewish, Zionist and Israeli identities at a cost of $1,100 per soldier for seven weeks. • Youth Futures – Young, idealistic mentors build a three-year relationship with children and families, serving over 10,000 children, youth and families in 32 disadvantaged localities throughout Israel since 2005. American Jewish Joint Distribution Committee (JDC) JDC and its partners work to rescue Jewish lives at risk, bring relief to Jews in need and help Israel’s most vulnerable citizens. JDC provides hunger relief, medication, and home care assistance for over 180,000 impoverished Jewish elderly in the former Soviet Union.

Connecting the Next Generation to Israel INO funds a group of national and local programs dedicated to bringing teens and young adults to Israel, including Birthright Israel, Masa Israel (for long-term programs), Colorado Israel Study Tour (IST) operated by CAJE, Israel Community Ambassadors, and Hebrew Immersion programs in both Denver Jewish Day School and Denver Academy of Torah. 8

$1.3 Million in INO Allocations $1.5 Million in total dollars to INO agencies

Jewish Federations of North America (JFNA) Alliance Birthright Jewish Agency for Israel (JAFI) American Jewish Joint Distribution Committee (JDC) World ORT Garin HaTorani B’Lod Nitzana Ramat HaNegev Masa Teen/Young Adults Community Israel Ambassadors Program DJDS Hebrew Immersion Program Israel Study Tour Subsidies DAT Israel Immersion Program Emergency Relief Campaigns TOTAL INO SUPPORT

2012 INO Distributions

Donor Designated Pledges

JCF Distributions

Total

$245,000 $14,000 $18,000 $352,991 $110,083 $8,926 $18,000 $272,000 $126,000 $8,000 $16,700 $18,000 $57,000 $6,000 -

$7,653 $59,400 $38,500 $40,990 $2,490 $109,206

$4,000 -

$252,653 $14,000 $77,400 $391,491 $155,073 $8,926 $20,490 $272,000 $126,000 $8,000 $16,700 $18,000 $57,000 $6,000 $109,206

$1,270,700

$258,239

$4,000

$1,532,939

83%

17%

>1%

100% 9


Jewish Community Foundation

Reimagining Federation’s Future – Listening. Learning. Reimagining

The Jewish Community Foundation (JCF) raised $2.4 million during the 2012 campaign. In addition to contributions into existing funds at JCF, there were 12 new Donor Advised Funds (DAFs), 7 new Lion of Judah Endowments (LOJEs), 4 new Perpetual Annual Campaign Endowments (PACE), 6 new restricted endowments for local Jewish agencies and synagogues, and 1 new agency fund. This brings the total agency funds housed at JCF to $20 million. In addition to assets currently under management, JCF has ≈ $16 million in anticipated testamentary gifts from more than 100 community donors.

“JCF is the only foundation in Colorado focused exclusively on the needs of the Jewish community. We are experts in Jewish philanthropy, and we provide access to a thoughtful, robust, and flexible investment platform.” – Ruth Malman, JCF Chair

For JCF, ensuring a vibrant Jewish future is part of our work every day. JCF works with individuals, families, and Jewish agencies as well as synagogues in an effort to build a foundation from which the next generation will prosper. JCF is committed to enabling our partners and donors to reach their financial and philanthropic goals and to provide value-added services that strengthen our whole community, in our lifetime and beyond. All giving is good and JCF is honored to help our donors maximize their philanthropic resources for the benefit of our entire community. In turn, fees generated from funds held at JCF help maintain our infrastructure so that we can continue providing value-added services and raise funds that address critical needs in our community. In 2012, the JCF investment platform continued to out perform benchmarks for each of our four model allocations since the launch of the new platform in September of 2009.

During the past two years, we’ve been engaged in a process to “Reimagine Federation’s Future.” You have seen the surveys, perhaps were part of a focus group, or read about it in our newsletters. A year and a half ago, board leadership identified a need to examine Federation’s role in our community and determine its effectiveness. Our goal has been to ensure Federation’s relevance while meeting the needs of the changing Colorado Jewish community. As an organization, we need to constantly evolve to successfully fulfill our mission of building and sustaining Jewish life in Colorado, in Israel, and around the world. “We’re excited about this next phase in Federation’s evolution,” said Nancy Gart, Coordinating Council Chair. “We’re embarking on this journey at a time of strength for Federation; we know how important it is to build on the foundation this community has helped us create. No matter what, we will continually strive to meet the needs of this wonderful Jewish community, now and in the future.”

How Teena Slatkin Ensured a Vibrant Jewish Future The choice to endow my Lion of Judah gift was not a challenging one. My husband, Buddy and I want to serve as a living example to our children and new grandson of what philanthropy is all about. Providing long-term financial assistance to our Jewish people helps ensure that we not only survive but continue to thrive for this generation and the generations to follow. Our sages teach us that the world rests on three pillars: Torah, Avodah (divine service) and Gemilut Hasadim (deeds of loving kindness). As far back as I can remember, my parents instilled these Jewish values in my sisters, brother and me. Now it’s our turn, Buddy and I must model the sacred privilege of tzedakah for our children and their children. I pray that by endowing my gift, my family and I help to sustain a safe, thriving and rich Jewish life in our community in Denver, in our beloved Eretz Yisrael and around the world. May my children and grandchildren always know the meaning of Hineni: Here I am.

Nancy Gart, Coordinating Council Chair

“While our business model will change, we will continue to be affiliated with JFNA. Over the next year, we will begin planning and will launch the new organization in 2013.” – Doug Seserman, President and CEO

JCF Investment Platform (through 6/30/12)

We Listened As part of the Reimagining process, we knew that it was important to hear the views of as many of our donors and volunteers as possible. • Interviewed over 120 people either in focus groups or individual meetings • Two online surveys that received 1,238 responses. We Learned From the interviews, we learned that there is low satisfaction with the current situation and a high degree of readiness for change, but no consensus on what/how to change. We Are Reimagining With Federation’s Coordinating Council giving a unanimous vote of confidence, strategic planning will begin for Federation and JCF to become the Colorado Jewish Foundation (CJF) with a misison to inspire Jewish values and secure resources for a vibrant Jewish future. This means that Federation would run an Annual Campaign to first fund programs like YAD, JCRC, the Jewish Colorado website, ECE and more. The Annual Campaign would then fund additional strategic grants to local and global partners, focusing on programs that support CJF’s five impact areas. Additionally, CJF would have a greater focus on growing the endowment with a goal of increasing dollars by 100% and donors by 50% within five years.

Focus on Five Impact Areas: 1. 2. 3. 4. 5.

Empowering Jewish philanthropy Engaging the next generation in being Jewish Serving the most vulnerable Supporting and advocating on behalf of Israel Mobilizing the community in times of crisis

FROM: Your Partners in Jewish Philanthropy

TO:

Model Performance QTD

10

YTD

One Year

Incept (9/09)

Conservative JCF Conservative Benchmark

-1.4% 3.5% -1.8% 5.3% -1.5% 2.9% -0.7% 4.9%

Moderate JCF Moderate Benchmark

-2.7% -3.0%

4.1% 3.7%

-3.8% -3.2%

5.8% 5.2%

Moderate w/o Alternatives JCF Moderate w/o Alt Benchmark

-2.9% -3.2%

4.3% 3.5%

-4.4% -3.9%

6.1% 4.9%

Growth JCF Growth Benchmark

-3.7% -4.2%

4.2% 4.2%

-5.4% -5.5%

5.9% 5.1%

Upcoming Events September Kickoff 6 CHOICES Men’s Event Kickoff 15 YAD Comedy Bash October 10 JCRC Candidates Forum

November 7 CHOICES 2013 8 Men’s Event 2013 December 11 Community Menorah Lighting

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Thank You 2011-12 Outgoing Board Members For Your Support and Leadership The following board members have completed their term, and we would like to extend a heartfelt thank you for their dedication, hard work and commitment to Federation’s mission. COORDINATING COUNCIL Steve Arent Sheryl Feiler Dan Feiner Andy Franklin Essie Perlmutter Michael Strear Melanie Siegel

JEWISH COMMUNITY FOUNDATION (JCF) Robert Hochstadt Sol Leftin Howard Lerman Jackie Sprinces Wong ISRAEL, NATIONAL AND OVERSEAS CENTER (INO) Pam Solomon

JEWISH RESOURCE CENTER (JRC) Sheryl Feiler, Past Chair Elise Barish David Brown Sheryl Goodman Barry Levine Chaya Major

JEWISH WOMEN’S PHILANTHROPY CENTER (JWPC) Gloria Husney Blanca Lerman Kit Leventhal Ceci Lowinger Lisa Mintz Melanie Siegel Julie Whitcomb

Welcome 2012-13 Incoming (& Continuing) Board Members We are thrilled to have the following members of the community join the 2012-13 Board and wish them a warm welcome. COORDINATING COUNCIL Nancy Gart, Chair Judy Robins, Past Chair Howard Lerman, Treasurer Gary Kleiman, Secretary Judy Altenberg Rick Altman Elaine Asarch Howard Brill Rabbi Bruce Dollin Lisa Engbar Andy Franklin Brian Friedman Jennifer Gilbert-Kaufmann Tiffany Glucksman Hedy Gurrentz Andy Kark John Katzenberg Marnie Klein Rick Kornfeld Bettina Kurowski Charlene Loup Robert E. Loup Ruth Malman Steve Morris David Moskowitz Cintra Pollack Carl Rossow Don Schlesinger Amy Toltz-Miller Debra Weinstein Jason Williamson Joyce Zeff

JEWISH COMMUNITY FOUNDATION (JCF) Ruth Malman, Chair Bruce Plotkin, Past Chair Rich Cohn, Secretary Steve Stark, Treasurer Marc Spritzer, Investment Committee Chair Dorit Fischer, Development Chair Steve Abelman Randy Brunschwig Noel Ginsburg Cintra Pollack Gordon Post Kim Schneider Malek Mark Sidell Royce Zimmerman Israel, National and Overseas Center (INO) Rick Kornfeld, Chair Jason Williamson, Chair Elect Brian Friedman, INO/JCRC Past Chair Jacqueline Cooper Melmed, JCRC Chair Diana Anderson David Birnbaum Alan Brandt David Dworkin Yosh Eisbart Gadi Eisner Sheryl Feiler Dorothy Gotlieb Yossi Manor Harry Pliskin Marc Reissner David Rontal Steven Summer Debra Weinstein Jonathon Weinstein Josh Yeddis

Jewish Women’s Philanthropy Center (JWPC) Judy Altenberg, Chair Amy Toltz-Miller, Past Chair Jaime Altman Whitney Chotin Goldie Cohen Ora Demorrow Tiffany Glucksman Jodi Goldberg Hedy Gurrentz Lissa Kalt Carol Karsh Carla Kutnick Lara Mowszowski Lisa W. Perlmutter Mimi Pomeranz Tara Rontal Susan Stern Lisa Snyder Lori Weintraub

Jewish Resource Center (JRC) Lisa Engbar, Chair Marnie Klein, Past Chair Toby Borus Eliot Boyle Dan Feiner Andy Franklin Katie Frisch Bob Hochstadt Elliott Husney Estelle Meskin Lisa Mintz Amy Morris Dottie Resnick Marci Roper Judie Schwartz Melanie Siegel Adam Smith Tom Trager Kelli Trotsky Pfaff Elena Weinstein

Jewish Philanthropy Center (JPC) Amy Toltz-Miller, David Moskowitz, Major Gifts JPC/Annual Campaign Chair Campaign Co-Chair Elaine Asarch, Judy Robins, Coordinating JPC/Annual Campaign Past Chair Council Past Chair Judy Altenberg, Melanie Siegel, Major Gifts JWPC/Women’s Campaign Chair Campaign Co-Chair Rick Altman, Community JJ Slatkin, BGS Co-Chair Campaign Co-Chair Susan Stern, Community Dorit Fischer, JCF Development Chair Campaign Co-Chair Tiffany Glucksman, BGS Co-Chair Jackie Wong, Boulder Campaign Chair


2012 AJF report to the community  

Allied Jewish Federation of Colorado

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