Annual Report by Bill Newcomer

Table of Contents 3 4 6 8 10 11 12 13 14 16 17 18 20 22 23 24 26 27

Message from OJCF Leadership Working with OJCF LIFE & LEGACY OJCF Legacy Society Endowment Book of Life Community Endowment Fund OJCF Professional Advisors Group OJCF Giving Council Oregon Jewish Community Youth Foundation (OJCYF) Financial Year in Review Consolidated Financial Information Grants Overview for Fiscal Year 2017 Donor Advised Fund Grants for Fiscal Year 2017 Scholarship Awards & Endowment Distributions Support in Israel OJCF Funds & Supporters OJCF Board of Trustees OJCF’s Investment Committee, Partner Organizations & Professional Team

Photo Credits: Cover and P. 14: Eden Swartz Photography Pgs. 3, 8, 10, 21, 26: Naim Hasan Photography P. 11: Courtesy of B’nai B’rith Camp (top) and Camp Solomon Schechter (bottom) Pgs. 5, 18: Courtesy of the Oregon Jewish Museum and Center for Holocaust Education P. 22: Courtesy of the Oregon Hillel Foundation (top) and Portland Jewish Academy (bottom) P. 23: Courtesy of Hand in Hand: Center for Jewish-Arab Education in Israel (top and bottom right)

Message from OJCF Leadership The Oregon Jewish Community Foundation balances the dual roles of serving as an investment manager of our community’s charitable assets and a resource of Jewish communal knowledge, inspiration and vision. The work we do is varied yet every facet is vital to our community’s long-term success and strength. We hope you enjoy reading this 2017 Annual Report, which shares OJCF’s recent impact. Perhaps the most exciting accomplishment of this past year was launching the Endowment Book of Life, a permanent display at the Mittleman Jewish Community Center. This digital and physical book, showcases our community’s history and family stories through our legacy donors’ personal statements. Thank you to the MJCC for collaborating with OJCF to give this beautiful display a home in our community’s living room. As of February 28, 2018, OJCF and its 10 LIFE & LEGACY partner organizations successfully concluded the formal, four-year legacy initiative with the Harold Grinspoon Foundation, having met our community goals. Over the course of the four years, OJCF provided a total of $280,000 in incentive grants to our ten partners. See pages 6-7 for more details. We look forward to continuing to support the community with legacy development and stewardship in the years to come now that legacy giving is a part of our philanthropic culture. In fiscal year 2017, the OJCF Board of Trustees completed key governance initiatives including an update of the Foundation’s articles and bylaws. The Trustees also voted in favor of a new Equity Statement, formalizing the Foundation’s commitment to inclusion and to creating a community where all people are valued and welcomed to join us in safeguarding Jewish communal life. Further, in the current fiscal year, the board has undertaken in-depth strategic planning to set an effective roadmap for the next three to five years of Foundation activity. OJCF’s Community Endowment Fund distributed grants to support creating opportunities for philanthropic experiences and confident grant makers – especially among teens and young adults. See page 11 for more details on the development and impact of the Community Endowment Fund. In closing, we are honored to serve as the Jewish community’s philanthropic partner. We face similar challenges as other American Jewish communities, with changing giving patterns among younger generations and our diaspora relationship with Israel. However, we study national and international trends that impact Jewish life and philanthropy in order to provide you with meaningful knowledge and outstanding services so your personal philanthropy can be easy and rewarding. First and foremost, however, is our relationship with you and our shared Jewish values of creating a just world and passing these values from generation to generation, l’dor v’dor. Steve Laveson Chair

Julie Diamond President & CEO 3

Working with OJCF Donor Advised Funds Donor Advised Funds at OJCF offer donors ease of use and flexibility. They also provide the opportunity to memorialize loved ones, to engage multiple generations in philanthropy and, when used in conjunction with another charitable tool, such as a trust, to ensure one’s generous legacy is realized.

Jerry & Helen Stern Grandchildren’s Fund Established in 2016, the Jerry & Helen Stern Grandchildren’s Fund honors the philanthropic legacy of Jerry z”l and Helen Stern, two individuals whose generosity has greatly benefited Portland’s Jewish community. As the name of the fund implies, the grandchildren of Jerry and Helen and their spouses recommend grants from the fund to benefit the Jewish community in Oregon. Through regular meetings, the grandchildren are able to positively impact the community while also honoring the legacy of their grandparents. Furthermore, the fund illustrates a commitment to intergenerational philanthropy and the passing of values from one generation to the next.

Herman, Rose & Jean Frances Grossman Memorial Fund Otto Grossman’s path to Eugene, Oregon, was arduous and indirect. He was born in Kosice, Czechoslovakia, where he lived for most of his teenage years. In 1944, the Germans occupied the city and while the majority of the Jews were transported to concentration camps, Grossman’s family was able to evade capture. After many moves and the loss of his father and one brother, the family was liberated while living in Budapest in 1945 and then immigrated to the United States in 1948. While living in Los Angeles, Grossman married his wife Jean and the couple moved to Eugene in 1977, becoming members of Temple Beth Israel. They lived in Eugene for four years until they moved to Australia where Otto Grossman still lives. The Herman, Rose and Jean Frances Grossman Memorial Fund honors Otto Grossman’s parents Herman and Rose (pictured left) and his late wife Jean. The fund continues to support Jewish education, cultural enrichment and religion-related activities benefitting children under 18 throughout Oregon.

Matthais D. Kemeny Charitable Fund Born in 1942 in France in a concentration camp to a Hungarian father and German-Polish mother, Matthias Kemeny z”l came to the United States at the age of seven when his father began teaching at an American university. After serving in Korea and graduating from Portland State University, Kemeny dove headfirst into a very successful career in design. During his life, he supported a number of causes in the community, including the Rotary Foundation and Portland State University Foundation. The funds from the Kemeny Trust created the Matthais D. Kemeny Charitable Fund of OJCF. This donor advised fund will provide generous support for the nonprofits that were important to Kemeny during his lifetime as well as OJCF’s Community Endowment Fund. 4

Ways to work with OJCF Donor Advised Funds (DAF) • DAFs enable donors to simplify their giving and control the timing of gifts and grants. Fund advisors recommend grants from a single philanthropic fund with monthly grant cycles. This is important for maximizing charitable deductions under the new tax law. • Fund holders can involve family members in grant recommendations and by naming children or grandchildren as successor advisors. • DAFs can be opened with $1,800; however, a balance of $5,000 is required for grant making privileges.

Endowment Funds • Endowment funds can be established during one’s lifetime or after and are permanent, offering donors the opportunity to support charitable organizations in perpetuity. • An endowment fund can be established with a minimum of $10,000 and earnings are granted to the donor’s selected nonprofits.

OJCF manages the permanent endowment fund that supports OJMCHE’s Holocaust Memorial that is located in Washington Park.

Charitable Gift Annuities (CGA) • CGAs provide donors with income for life and a partial charitable income tax deduction on the original gift. • The minimum age to open a CGA is 65 and the minimum gift is $10,000. • Upon a donor’s passing, the residuum funds create a permanent endowment that supports the OJCF partner organization of the donor’s choice as well as OJCF’s Community Endowment Fund.

Charitable Remainder Trusts • Donors retain an income interest for a specified period of time while OJCF serves as a trustee and/or beneficiary. • OJCF receives the remaining principal upon the death of the last income beneficiary or at the trust expiration and those proceeds are used to create a restricted or unrestricted named endowment fund.

Supporting Foundation • A supporting foundation has its own mission statement and guidelines and is a separate entity that benefits from OJCF’s public charity tax status. • OJCF facilitates the supporting foundation’s charitable activities, enabling the donors to enjoy the benefits of the supporting organization without the management burdens of a private foundation. 5

LIFE & LEGACY Over the past four years, our communityâ&#x20AC;&#x2122;s LIFE & LEGACY teams have dedicated hours to education, training and legacy conversations with individuals around Oregon. LIFE & LEGACY has motivated our Jewish organizations to prioritize building their endowments so they will be financially secure for generations to come. The collaborative nature of the program has shown us all that when we work together, we are all stronger.

LIFE & LEGACY Statistics as of 12/31/17 Oregon & SW Washington

National

496

558

$24.6 M

17,627

Participating Organizations

Legacy Commitments

Participating Communities

Partnering Organizations

Estimated Value in Future Gifts

Legacy Commitments

$672 M

Estimated Value in Future Gifts

LIFE & LEGACY Participating Organizations Cedar Sinai Park | Congregation Beth Israel | Congregation Neveh Shalom | Congregation Shaarie Torah Jewish Family & Child Service | Jewish Federation of Greater Portland | Mittleman Jewish Community Center Oregon Jewish Museum and Center for Holocaust Education | Portland Jewish Academy | Temple Beth Israel, Eugene

LIFE & LEGACY promotes after-lifetime giving to benefit local Jewish day schools, synagogues, social service

organizations and other entities. Through training, support and monetary incentives, LIFE & LEGACY encourages Jewish organizations to integrate legacy giving into their philanthropic culture in order to assure Jewish tomorrows. 6

Jennifer & Ken Zeidman Both Jen and Ken Zeidman grew up in philanthropic homes with parents who always found the time to volunteer and support the Jewish organizations important to them. Ken, a native of Portland, learned this from his grandparents, Nathan and Annie Director, as well. “Having grown up in Portland, I consider the Jewish community to be my family,” shares Ken. “Maybe that is because I am related to so many Jews here! Seriously though, our community is very special.” When Jen, a native Californian, moved to Portland twenty years ago she didn’t have ties to anyone and soon the Jewish community became her home. Over the years, the Zeidman family has formed bonds with many local Jewish organizations. “My grandmother lived at Cedar Sinai Park before she passed away. Our daughter, Ruthie, has been attending PJA since Kindergarten, she calls BB Camp her second home and she will become a Bat Mitzvah at Congregation Beth Israel this summer. The MJCC is a place for us to visit with friends and attend events and I support those in need through my board service at Jewish Family & Child Service,” reflects Jen. Both Ken and Jen feel that leaving a legacy gift through LIFE & LEGACY is a way to say thank you to organizations that have touched their lives after they are gone. “With our legacy gift, we hope to ensure there is a strong, vibrant, supportive Jewish community for generations to come,” shares Jen. Ken adds, “We will continue the legacy our parents and grandparents started and teach Ruthie what it means to care for the community.”

Elizabeth & Ruben Menashe Elizabeth and Ruben Menashe are true believers in the importance of legacy giving and they made their commitment to support the future of our Jewish community years ago. Therefore, having Liz serve on OJCF’s LIFE & LEGACY Leadership Council was an asset not only to the program but to the greater community as well. “LIFE & LEGACY revived our community’s dormant discussion about legacy giving,” shares Liz. “Knowing that we were part of a national movement and receiving the training, support and incentive grants from OJCF and the Harold Grinspoon Foundation was the impetus that Portland’s Jewish community needed.” Both Liz and Ruben feel that there is a satisfying completeness to making a legacy gift that is very rewarding. “Its everlasting quality helps to instill a peace of mind and a confidence in the future that is very gratifying,” says Ruben. “The necessary annual gift is an immediate short-term response to needs in our community that doesn’t invoke the same intensity of gratification as a legacy gift,” adds Liz. The Menashes encourage everyone, regardless of age, to commit to making a legacy gift to help secure a strong future for Jewish Portland. “We can build a strong Jewish community in perpetuity by increasing the endowment funds of all our organizations.”

LIFE & LEGACY Leadership Council: Eric Rosenfeld (Chair) Julie Diamond

Steve Laveson Gail Mandel

Elizabeth Menashe Jim Meyer

Ben Isenberg z”l (Founding Chair) 7

OJCF Legacy Society In June 2017, Harold Pollin was named OJCF’s Legacy Society Honoree of the year. Not only was Harold instrumental in the establishment of the Foundation but his decades of service to OJCF since have helped guide the organization to where it is today. “Harold’s contributions to OJCF over the years can’t be overstated,” shares President & CEO Julie Diamond. “We were thrilled to have the opportunity to acknowledge and thank him for his dedication.”

OJCF Legacy Society Honorees

2016 2015 2014 2013

“Harold has a real Jewish heart and he’s a true visionary. OJCF became a reality thanks to the vision, passionate persistence and influence of our founding father, Harold Pollin. Thank you, Harold.” — Jim Meyer, OJCF Past Board Chair

Steve & Elaine Kantor Renee & Irwin Holzman Eric & Tiffany Rosenfeld & Family Min Zidell*

2012 2011 2010

Gloria Bacharach Gerel & Henry* Blauer Stuart Durkheimer*

OJCF Legacy Society Members OJCFâ&#x20AC;&#x2122;s Legacy Society recognizes and honors individuals who have made a legacy gift to the Foundation or our Jewish community through the Foundation, in their will or estate plan or by beneficiary designation. Anonymous (6) Roy & Kay Abramowitz Joy Alkalay* Ron & Judy Appelbaum Asa & Adrienne Arnsberg* John & Carol Arnsberg Jeff & Sandy Axel Gloria Bacharach Henry & Evelyn Barber* Max Birnbach* Owen & Lynn Blank Gerel & Henry* Blauer Stan & Judy Blauer George Bodner Lynn Bonner Vivienne Bonnin* Stephen & Beverly Bookin Barbara Brown Bernard & Selma* Brown Eden Rose Brown Alicia Byerley Milt Carl* Bernard Carr* Stuart & Mandi Chestler Nathan Cogan Margery Cohn Sid & Ruby Conroy* Susan Danielson Carol & Seymour* Danish James & Ilene Davidson Annette Demsey Julie Diamond Richard Dobrow Stuart & Leah Durkheimer* Jill Schnitzer Edelson Jordan Edelson Zoe Edelson Evelyn Findl* Martin Fishel* David Forman Marilyn Forse* Josh & Amy Frankel Ruth Friedel

Julius Friendly* David Fuks & Deanne Sullivan Morris Galen Bernice & Burton* Gevurtz William Gittelsohn* Peter Glade Robert & Lesley Glasgow Jonathan Glass & Sarah Kahn Glass Ira & Julie Gottlieb Steve & Michelle Gradow Margaret Hasson Irwin & Renee Holzman Janice & Ben* Isenberg Garry & Judith Kahn Albert Kailes* Lisa Kaner Steve & Elaine Kantor Chuck Karsun* Sheldon Klapper & Sue Hickey Anthony & Priscilla Kostiner Arthur Krichevsky* Roy Lambert & Mary Maxwell Steve Laveson & Lesley Isenstein Leonard & Nira Levine Shari Levinson Jonathan Levy Jacob & Rose Lewin Leonard & Mimi Lewitt Derek & Lydia Lipman Louis & Rita Lubliner* Jeff Mazer & Debra Vinikour Elizabeth & Ruben Menashe Victor & Toinette Menashe Jim & Lora Meyer Susan Meyer-Klinge Alan & Lana Miller Debra & Alan Montrose Sharon & Dean Morell Harold Nadler* Theodore Nelson & Curtis Shaffstall Leah & Marvin* Nepom Miles Newmark & Barbara Gilbert Mimi & Zeâ&#x20AC;&#x2122;ev* Orzech Clara Paige* Sue Perkel Robert & Rita Philip Harold & Jane Pollin Lois Poplack* Jerome Reich Erik Richmond Irving Roberts* Gayle Schnitzer Romain

Martha Roper* Steve Rosenberg & Ellen Lippman Charles Rosenblum Betty Rosenfeld* Eric & Tiffany Rosenfeld Rosemarie Rosenfeld Laurens & Judith Ruben Isadore Russell* Rose & Arnold* Rustin Jerry & Bunny Sadis Faye & Stan* Samuels Arlene & Harold* Schnitzer Dina Schnitzer Jordan Schnitzer Lois & Leonard* Schnitzer Sandra Schnitzer Charlotte Schwartz* Jack & Barbara Schwartz Linda B. & Michael A.* Shapiro Arden & Lois Shenker Robert & Mara Shlachter Richard Solomon & Alyce Flitcraft Ruth & Manton Spear* Marshal Spector Leah Spellman* Mardi Schnitzer Spitzer Helen & Jerry* Stern Jack Straus Gloria Swire Rebecca Tarshis* Sada Tarshis* Marcy & Ronald* Tonkin Kathleen Vanderpool Larry & Elizabeth Volchok Robert Weil* Sharon Weil Michael Weiner & Kathy Davis-Weiner Gary & Carolyn Weinstein H. Peter Wigmore Bertha Woolach* Merritt & Cookie Yoelin* Min Zidell* *Of Blessed Memory Every effort has been made to ensure that this list is accurate and complete. We apologize if your name has been omitted or improperly recorded. If so, please contact OJCF so we can correct our records. List current as of January 31, 2018.

Endowment Book of Life In June 2017, OJCF launched the Endowment Book of Life to recognize and honor individuals who have committed to leave a legacy gift or establish an endowment to support our community’s Jewish organizations. Located in the lobby of the Mittleman Jewish Community Center, the Book of Life is an evolving collection of legacy donors’ personal messages about what inspired and motivated them to leave a legacy gift. At the first signing ceremony, book signers, friends and family gathered to hear Rabbi Michael Cahana, Senior Rabbi, Congregation Beth Israel, speak about the significance of leaving a legacy and planting the seeds for future generations. Following his remarks, 19 members of our community read their statements aloud and signed their pages in the Book of Life. If you have made a legacy gift to support organizations in our community and you would like to be a part of the Book of Life, please contact the Foundation. We would be thrilled to include you. The Endowment Book of Life is also available via OJCF’s website and www.ojcfbookoflife.org.

Top left: Renee Holzman signs her Book of Life page on behalf of herself and her husband Irwin. Top center: Rabbi Michael Cahana shares some inspirational words with the Book of Life signers. Above: OJCF’s inaugural group of Endowment Book of Life signers stand in front of the installation in the Mittleman Jewish Community Center lobby in June 2017.

“When you are as blessed as we feel we are, when you have the time and resources to help others, when you have the ability to show your love and appreciation for your community, it does not seem like an obligation to help others; it is an honor and a privilege.” — David & Liz Lippoff 10

Community Endowment Fund Launched in 2000, OJCF’s Community Endowment Fund (CEF) makes annual distributions to support both local nonprofits as well as OJCF programs that engage the community in philanthropy. Grants from the Community Endowment Fund address capacity building, education and outreach, and seeding new community initiatives. Over the last 17 years, the CEF has been growing as well. Some of the largest gifts to the fund have come from legacy gifts in community members’ estate plans, such as Ron Tonkin z”l and Matthias Kemeny z”l. In addition, the Chuck Karsun Memorial Fund of OJCF makes annual distributions to the Community Endowment Fund, and a portion of donors’ charitable gift annuities will flow into the CEF upon their passing. For those wishing to leave a legacy gift to the Jewish community, OJCF’s Community Endowment Fund is a rewarding choice as it benefits Jewish people from across Oregon and Southwest Washington.

Community Endowment Fund Grants in FY 2017 B’nai B’rith Camp

Create a Jewish Legacy Fund of OJCF Emergency Fund of OJCF Giving Council Fund of OJCF Greater Portland Hillel Jewish Federation of Greater Portland in support

$2,000 $20,000 $7,500 $15,000 $4,000

$12,500

of the Wexner Heritage Leadership Program The Oregon Hillel Foundation (OSU)

$4,000

The Oregon Hillel Foundation (UO)

$4,000

Oregon Jewish Community Youth Foundation

$9,000 $6,000

PJ Library Fund of OJCF supporting communities around Oregon President’s Fund of OJCF Total

$3,182 $87,182

“Grants from OJCF’s Community Endowment Fund create opportunities for philanthropic experiences for youth, young adults and families.” —Julie Diamond, OJCF President & CEO

Now in its eighth year, OJCF’s Professional Advisors Group continues to provide its members and guests with quality educational programming, community building and networking opportunities at meetings convened several times a year.

Programs held in the last year include: From State to State: Community Property in Oregon Ethical Wills and Sharing Values Serving on a Nonprofit Board: Risks and Rewards

Thanks to the generous sponsors of the past year’s meetings: The Alfred J. Davis Company, Insurance Brokers Barg Singer PC First Republic Bank Geffen Mesher Perkins & Co Samuels Yoelin Kantor LLP Marshal Spector and Gevurtz Menashe – Family Law & Estate Planning Brian Suher, Sr. Vice President, RBC Wealth Management Tonkon Torp LLP West Bearing Investments, a division of Ferguson Wellman Williams Kastner Greene & Markley

From left to right: Brian Suher and Josh Frankel, PAG Co-Chairs; Abby Wool Landon and Dan Steinberg. Attorneys Landon and Steinberg’s presentation addressed the importance of understanding Oregon’s property laws, as it is a common law state surrounded by community property states.

Established in 2016, the OJCF Giving Council is a community of young Jewish professionals who come together to connect, engage in philanthropy and make grants to support local and international nonprofits.

The OJCF Giving Council is a part of a growing movement of giving circles that are making a difference across the country. These grassroots groups empower members by pooling their resources to demonstrate that individual donors don’t have to be wealthy to have significant charitable influence in their communities. Since its founding, OJCF’s Giving Council members have recommended grants that have truly made an impact upon local nonprofits. In addition to awarding grants, the OJCF Giving Council also hosts pop-up social gatherings, parties and educational events for members. Two pop-ups were held in the last year, resulting in funds raised for Tivnu: Building Justice and Jewish Family & Child Service’s Café Europa. Currently, our third cohort is in full swing with a fourth scheduled to begin in June 2018. This new cohort will meet during the day to provide an alternative for working parents and busy professionals who can’t attend evening meetings.

Giving Council 2017 Grants Jewish Federation of Greater Portland for Rachel’s Well Community Mikvah - $5,000 Purpose: To train mikvah guides; to develop educational opportunities for the broader community; and to create with OJMCHE a permanent display in the mikvah reception room

Store to Door - $5,000 Purpose: In support of technology, equipment, and staff time toward equity, diversity, and inclusion training in preparation for an Equitable Outreach Plan

The Guatemalan Project - $5,000 Purpose: To support a nutrition program that provides one egg a day to each of the 120 children in a single village, from birth through age five

Tivnu: Building Justice - $5,000 Purpose: To support the construction of two “tiny houses” for homeless individuals

OJCYF The mission of the Oregon Jewish Community Youth Foundation is to empower Jewish teenagers to take action that aligns with their Jewish values and establish a culture of giving as future community leaders. OJCYF encourages discussion and application of Jewish values by giving teens the responsibility to fundraise and grant money to Jewish and secular nonprofit organizations.

#OJCYF

Oregon Jewish Community Youth Foundation Currently in its 15th year, the Oregon Jewish Community Youth Foundation continues to engage Jewish high school students from the Portland metropolitan area in philanthropy. This year saw the introduction of the OJCYF Leadership Council. Inspired by Hillel’s question, “If not now, when?” the OJCYF Leadership Council provides teens with a Jewish framework to explore their interest in social justice and advocacy while giving them the tools to build a better world. This year, the group has chosen to focus on the environment and issues facing immigrants to the United States. In 2018, the total dollar amount of OJCYF grants is likely to eclipse $500,000, a major milestone for a program that started as a b’nei mitzvah project.

OJCYF Grants Made in 2017 Jewish

B’nai B’rith Camp Camp Solomon Schechter Congregation Ahavath Achim Congregation Beth Israel Congregation Kesser Israel Congregation Kol Ami Congregation Neveh Shalom Congregation Shir Tikvah Dror Israel Movement Greater Portland Hillel Hand in Hand: Center for Jewish-Arab Education in Israel Jewish Family & Child Service Jewish Federation of Greater Portland in support of the Interfaith Seder Maimonides Jewish Day School Israel Gay Youth (via New Israel Fund) Oregon Jewish Museum and Center for Holocaust Education Tivnu: Building Justice

Jewish Total

$1,150 $1,000 $600 $100 $1,300 $100 $100 $640 $3,000 $2,450 $4,000 $4,150 $2,000

General

Children’s Book Bank Community Transitional School Dougy Center for Grieving Children & Families Friendly House Know Your City Neighborhood House Outside The Frame Pixie Project Refugee Disability Benefits Oregon Southwest Community Health Center Urban Gleaners

$2,040 $3,450 $1,140 $150 $2,500 $450 $1,100 $450 $2,000 $2,450 $2,000

$2,000 $862 $4,500 $3,200 $31,152

General Total

$17,730

Grand Total: $48,882

OJCYF Advisory Committee

OJCYF Angels

Roy Abramowitz, Julie Diamond, Sonia Marie Leikam, Shari Levinson, Sharon Morell, Rachel Nelson, Rob Shlachter, Robyn Spring, Mike Tannenbaum, Marcia Weiss

Gerel & Henry* Blauer, Stan & Judy Blauer, Dick & Cameron Davis, Stuart Durkheimer*, Irwin & Renee Holzman, Harold & Jane Pollin *Of Blessed Memory

Financial Year in Review Sustained economic growth across most major global economies helped the equity markets rally for the fiscal year ending June 30, 2017. Following the 2016 U.S. elections, a trifecta of a lower dollar, earnings growth and some political relief translated into solid quarterly returns. In 2017 the dollar declined to its lowest level since the 2016 election, as pro-European Union parties were successful in France and the Netherlands, which reduced European political risk, and helped drive the Euro up against the U.S. dollar. Meanwhile, the Federal Reserve, consistent with its announced intentions, raised interest rates three times in the fiscal year, citing strength in the labor market and its outlook for continued economic growth. Inflation was witnessed in rising home prices, however overall inflation has remained below 2% helping keep the Fed in a moderate mood. The OJCF Equity Pool returned 19.9% for the 12 months ending June 30, 2017, slightly beating the MSCI All Country World Index return of 18.78%. Performance can be credited to strong, active managers selected in the international allocation. International returns were also boosted by the stronger Euro. The Fixed Income Pool returned 1.49% versus the Barclay’s US Aggregate return of -0.43%. The fixed income outperformance

can be credited to the fact that the funds used in this pool have a shorter duration and larger exposure to corporate bonds than the index. It is the Investment Committee’s belief that a shorter duration portfolio will be better suited to hedge against potential inflation and raising rates. The Alternative Pool returned 5.59% for the fiscal year as a recovery in the MLP market boosted returns. Crude oil prices, as measured by West Texas Crude traded in a tight range between $42-$52/barrel for the year, even as OPEC extended its production cuts through March 2018. The most important fact during the fiscal year is that economic growth appeared to be stronger than many anticipated. Additional expected stimulus in the form of tax cuts and deregulation pushed the markets forward. A mild Fed agenda also calmed the markets thereby making this fiscal year one for the record books.

OJCF is proud to work with First Republic Bank, the Foundation’s banking and investment partner. OJCF’s Investment Committee works closely with First Republic to oversee the Foundation’s investments. See page 27 for the complete list of Investment Committee members.

Taxable US Bonds Alternatives Large Cap US Equity Smid Cap US Equity Developed Int’l Equity Emerging Mkt Equity

60/36/4 Portfolio Return Blended Index Return*

QTR

YTD

1-Year

3-Year

5-Year**

2.7%

7.6%

12.7%

4.3%

7.9%

3.1%

7.9%

11.1%

3.8%

7.4%

*Blended Index is comprised of 60% MSCI AC World, 36% BarCap Aggregate Bond Index and 4% Blended Alternative Index. ** Beginning on June 30, 2013, a 3% allocation to Alternatives was initiated. Currently, the annualized 5-Year return does not include the Alternatives performance. In June 2017, the recommended allocation was changed to 60% Equity/36% Fixed/4% Alternatives. 16

Consolidated Financial Information

The following is a summary of the Oregon Jewish Community Foundation’s audited financial statement for the year ending June 30, 2017.

Statement of Financial Position Assets Cash and cash equivalents Investments Prepaid expenses Accrued interest Cash surrender value of life insurance policies Assets held in charitable trusts Assets held in charitable gift annuities Office equipment and leasehold improvements net of accumulated depreciation and amortization of $79,739 in 2017 and $64,734 in 2016. Total assets Liabilities Accounts payable Accrued vacation Grants payable Liabilities under charitable trust agreements and gift annuities Funds held for members Total liabilities

Statement of Activities*

2017

2016

$3,022,195 79,013,135 29,353 7,276 288,501

$3,027,062 73,130,266 21,032 -332,651

2,467,046

2,383,777

141,274

168,408

37,254

50,901

Revenue, gains and other support:

Contributions Administrative fees

241,825 1,430,277

Net gain (loss) on

5,258,257

(1,501,893)

(43,431)

46,031

(59,138)

(41,404)

$10,554,924

$6,297,463

$4,894,871

$9,868,863

1,021,772

880,156

245,202

261,383

investments Increase (decrease) in cash surrender value of life insurance policies Change in value of charitable trusts and gift annuities

Grants and distributions General and administrative Other fund expenses

$3,503 9,785 416,586 836,536

Total expenses

Increase (decrease) in net assets

Net assets, beginning of year

25,221,379 26,595,003

23,829,735 25,096,145

$6,122,627

224,990

Expenses

$6,540 11,310 384,133 971,641

$3,893,149 1,281,097

other support

$79,114,097

2016

Interest and dividend income

Net revenue, gains and

$85,006,034

2017

Net assets, end of year Investments

6,161,845

11,010,402

54,017,952

58,730,891

$58,411,031

$54,017,952

4,393,079

(4,712,939)

Commitments and contingencies

Equity mutual funds

$49,357,008

$45,753,922

Bond mutual funds

26,275,123

23,423,894

Other traded funds

1,023,078

1,210,328

Net Assets Unrestricted net assets: Designated Donor funds Total unrestricted net assets Temporarily restricted net assets

Money market funds

1,361,712

1,401,898

Notes receivable

714,658

890,668

Real property

281,556

449,556

$79,013,135

$73,130,266

Total net assets Total liabilities and net assets

1,921,826 54,931,877 56,853,703 1,557,328

1,958,266 50,446,323 52,404,589 1,613,363

58,411,031 $85,006,034

54,017,952 $79,114,097

Total Investments

The Oregon Jewish Community Foundation’s June 30, 2017 consolidated financial statements were audited in accordance with auditing standards generally accepted in the United States of America. The auditor’s December 13, 2017 report expressed an unmodified opinion on those consolidated financial statements. The above summarized information is based on these audited consolidated financial statements. *Note: The “Statement of Activities” excludes all activity related to funds held for members.

Grants Overview for Fiscal Year 2017 OJCF distributed almost $5 million in grants, endowment distributions and scholarships during the 2017 fiscal year. Once again, the majority of OJCFâ&#x20AC;&#x2122;s grants were made at the recommendation of our donor advised fund holders. Their generosity provided valuable support to more than 300 nonprofit organizations. Top Grantees by Total Dollars: Oregon Jewish Museum and Center for Holocaust Education Jewish Federation of Greater Portland Portland Jewish Academy Top Grantees by Number of Grants: Jewish Federation of Greater Portland Cedar Sinai Park Congregation Beth Israel

Grant Distribution Facts Total number of grants made from Donor Advised Funds, Endowment Funds, the Oregon Jewish Community Youth Foundation and Scholarship Funds: 1,020

By Number of Grants:

69%

31%

of grants went to general organizations

of grants supported organizations in Oregon and SW Washington

15%

of grants supported organizations in other regions of the United States

of dollars granted went to Jewish organizations

27%

of dollars granted went to general organizations

of grants went to Jewish organizations

By Geography:

85% By Dollars:

73%

Activity Overview for FY 2017: Donor Advised Funds, Collaborative Giving, Endowments & Scholarships Donor Advised Funds ........................................................................................................ 83.3% Endowment Fund Distributions ............................................................................................ 13% Collaborative Giving (OJCYF and OJCF Giving Council) .....................................................1.4% Scholarship Funds ................................................................................................................ 2.3% Total Dollars Granted ........................................................................................ $4,894,871 18

Grants by Program Area

Grant by Program Area (Jewish)

20%

18%

Arts / Cultural Community* Education

Health / Medical

26%

Synagogue Youth Group / Camp / Hillel

17%

10%

Social Welfare / Social Justice

17%

26%

Grant by Program Area (General) Arts / Cultural Community Education Health / Medical

40%

Social Welfare / Social Justice

*The community category for Jewish grants includes Jewish Federations, community centers, Moishe House and OJCF programs such as the Giving Council.

Donor Advised Fund Grants for Fiscal Year 2017 The following grants were made from OJCF donor advised funds in fiscal year 2017. This list also includes grants from donor advised funds to other funds at the Foundation. Abraham Fund Inc. ACLU Foundation Inc. ACLU Foundation of Oregon Inc. Albert J. Kailes Memorial Scholarship Fund of OJCF Albertina Kerr Center Albina Head Start Inc. Albina Rotary Club Foundation All Classical Public Media Inc. The ALS Association, Oregon and SW Washington Chapter Alzheimer’s Association, Oregon Chapter American Bird Conservancy American Committee for Tel Aviv Foundation Inc. American Friends of Batsheva Dance Company Inc. American Friends of the Israel Museum American Gathering of Jewish Holocaust Survivors American Heart Association Portland Affiliate American Israel Education Foundation American Jewish World Service American Museum of Tort Law Inc. Animal Haven Inc. Anti-Defamation League, National Office Anti-Defamation League, Pacific NW Regional Office Arlington Club Heritage Foundation Arthritis Foundation Arthur P. Krichevsky Memorial Scholarship Fund of OJCF Artists Repertory Theatre As the Spirit Moves Us Assistance League of Greater Portland Association for Jewish Studies Inc. BBYO Passport to Israel Beit Am Mid-Willamette Valley Jewish Community Beit Haverim Berkeley High School Development Group Beth Israel Congregation BIGHORN Golf Club Charities Birthright Israel Foundation B’nai Brith Men’s Camp Association / B’nai B’rith Camp B’nai B’rith Youth Organization Border Community Alliance Inc. Boys & Girls Clubs of Southwest Washington Bradley Angle House

BRAVO Youth Orchestras Bus Project Foundation Caldera CAMERA: Committee for Accuracy in Middle East Reporting In America Camp Nageela Midwest Camp Ramah in California Inc. Camp Rosenbaum Fund Camp Solomon Schechter Cancer Research Institute Inc. CASA for Children Casa Pacifica Centers for Children & Families Catlin Gabel School Cedar Sinai Park Central City Concern Chabad at Portland Campuses Inc. Chabad of Central Oregon Chabad of Oregon Chehalem Players Repertory Theater Children’s Book Bank Children’s Center (Vancouver) The Children’s Institute City of Portland Clackamas Women’s Services Cleveland High School Foundation Clinic by the Bay College Possible Portland Community Cycling Center Community Endowment Fund of OJCF Community Transitional School Community Warehouse Compassion & Choices Conejo Valley Youth Orchestra Congregation Ahavath Achim Congregation Beth Israel Congregation Havurah Shalom Congregation Kesser Israel Congregation Kol Ami Congregation Neveh Shalom Congregation P’nai Or of Portland Congregation Shaarie Torah Congregation Shir Tikvah Courts for Kids Create a Jewish Legacy Fund of OJCF Crosswalk Community Outreach Dancing Hands Dance Company Desert Community Foundation Doernbecher Children’s Hospital Foundation Door To Grace The Dougy Center for Grieving Children & Families Dress for Success Oregon Dror Israel Movement Duke University EarthShare Oregon Eastside Jewish Commons Edison High School Emergency Fund of OJCF End of Life Choices Oregon Face to Face FLAME For The Troops Forest Park Conservancy Friendly House

Friends of Cloud Mountain Friends of Gateway Green Friends of Kol Haneshama Giving Council Fund of OJCF Goose Hollow Family Shelter Greater Portland Hillel Green Empowerment The Guatemalan Project Hand in Hand Havurah Shir Hadash Helfgott Research Institute of NUNM Helping Hands Re-entry Outreach Centers HIAS Hillel at Brandeis University Hillel at Stanford University Inbal Pinto & Avshalom Pollak Dance Company Independent Living Resources Inc. Institute for Judaic Studies Interface Children Family Services Intergalactic Krewe of Chewbacchus Inc. International Rescue Committee Israel Gay Youth The Israel Project (TIP) Israel Tennis Centers Foundation Inc. J Street Education Fund Inc. Japanese Garden Society of Oregon Jewish Community of the Hill Country Jewish Community Orchestra Jewish Council for Public Affairs Jewish Family & Child Service Jewish Federation of Greater Portland Jewish Federation of Lane County Jewish Federations of North America Jewish National Fund Jewish Partisan Educational Foundation Inc. Jumping Mouse Children’s Center Kavod v’Nichum KBY Congregations Together Inc. Kehillah Housing at Cedar Sinai Park Keren Baktana Khan Academy KMHD Jazz Radio Know Your City Lake Oswego Schools Foundation The Lawyers’ Campaign for Equal Justice Legacy Health Foundation Lift Urban Portland Lincoln High School Foundation Inc. Lutheran Community Services Northwest Maayan Torah Day School of Portland Maccabi USA / Sports for Israel Machol Shalem Maimonides Jewish Day School Maine Lakes Society Meals on Wheels People Memorial Sloan Kettering Cancer Center Memphis Oral School for the Deaf MEMRI Mercy Corps

Mesivta Tifereth Israel of Rizhin Mesivta Yeshiva Rabbi Chaim Berlin Metropolitan Youth Symphony Mexican American Legal Defense and Educational Fund Middle East Forum Mills College Mittleman Jewish Community Center Moishe House Momentum Alliance MRG Foundation Multnomah Art Center Association Multnomah Bar Foundation National Brain Tumor Society Inc. National Center for Jewish Film Inc. National Psoriasis Foundation National Ramah Commission Inc. Nature Conservancy NCSY Oregon NCSY Summer Programs Neighborhood House New Avenues for Youth New West Symphony Association New York University NFTY Travel Programs The North Coast Land Conservancy North Shore Congregation Israel Northwest Pilot Project Oaks Christian School OHSU Foundation OMSI Open School Inc. Operating Fund of OJCF Oregon Ballet Theatre Oregon Center for Public Policy Oregon Children’s Theater Oregon College of Arts & Crafts Oregon Energy Fund Oregon Food Bank Inc. The Oregon Hillel Foundation Oregon Historical Society Oregon Holocaust Memorial Endowment Fund of OJCF Oregon Humane Society Oregon Interfaith Movement for Immigrant Justice Oregon Jewish Community Youth Foundation Oregon Jewish Community Youth Foundation Endowment Fund Oregon Jewish Museum and Center for Holocaust Education Oregon Progressive Alliance Inc. Oregon Psychoanalytic Center Oregon Public Broadcasting Oregon Shakespeare Festival Oregon Sports Authority Foundation Oregon State University Oregon Symphony Association Oregonian Publishing Company Public Benefits Inc.

Outside The Frame Pacific NW Hospice Foundation Park Academy Pixie Project PJ Library Fund of OJCF Planned Parenthood of the Columbia/Willamette The Pongo Fund Portland After School Tennis & Education Portland Art Museum Portland Audubon Society Portland Center Stage Portland Homeless Family Solutions Portland Jewish Academy Portland Kollel Portland Playhouse Portland State University Portland State University Foundation President’s Fund of OJCF Priest Lake Food Bank Project Lemonade Inc. Providence Portland Medical Foundation Providence St. Vincent Medical Foundation Public Justice Foundation Randall Children’s Hospital Foundation Raphael House of Portland Rebecca and Sada Tarshis Memorial Scholarship Fund of OJCF Reed College Refugee Disability Benefits Oregon Rhinebeck Central School District Rice University Riverdale School Foundation Rockwood Community Development Corporation Ronald McDonald House Charities of Oregon and Southwest Washington Ronald Reagan Presidential Foundation and Library Safe Routes to School National Partnership Schwab Charitable Fund Seattle University Self Enhancement Inc. Senior Advocates for Generational Equity Inc. The Shalom Hartman Institute of North America Share Our Strength Inc. Sierra Club Foundation Sisters of the Road Sitka Center for Art and Ecology Skidmore College Smile Oregon Snowman Foundation Inc. Southern Poverty Law Center Inc. Southwest Community Health Center SPOON Foundation Springfield College St. Andrew Legal Clinic St. Jude Children’s Research Hospital StandWithUs Stanford University

Store to Door The Street Trust Temple Beth Israel Thacher School Inc. Tivnu: Building Justice triangle productions! Trust for Public Land Trustees of Tufts College UCLA Foundation United Oregon United States Holocaust Memorial Museum United Way of the Columbia/Willamette University of California Berkeley Foundation University of Denver University of Oregon University of Oregon Foundation University of Texas Foundation University of Virginia Foundation Urban Gleaners USY Summer Programs Vipassana Metta Foundation White Bird Wikimedia Foundation Inc. Willamette Valley Law Project Witty Kitties Inc. Women’s Endowment Fund of OJCF Womens Foundation of Oregon Yale Union Yeshiva of Greater Washington Young Audiences of Oregon Young Judaea National Zebs Wish Equine Sanctuary Zionist Organization of America Every effort has been made to ensure this list is accurate and complete. If you feel an organization has been omitted or improperly recorded, please contact OJCF.

Scholarship Awards & Endowment Distributions

In fiscal year 2017, awards totaling $108,208 were granted to 194 students for scholarships and camperships.

Awards Lester & Annette Goldschmidt Hillel Scholarship Fund

$1,000

Albert J. Kailes Memorial Scholarship Fund

$7,620

Arthur P. Krichevsky Memorial Scholarship Fund

$76,088

Rebecca & Sada Tarshis Memorial Scholarship Fund

$23,500

Snapshot of Total Scholarship Awards Granted:

$108,208

Campership: 7% Day School: 52% Higher Education: 23% Teen Israel: 18%

Endowment Distributions Joy Alkalay Memorial Fund Anonymous A Fund Anonymous A Senior Program Fund Henry & Evelyn Barber Fund Birnbach CGA Endowed Fund for PJA Max Birnbach Charity Fund Alice Carr Fund for JFCSâ&#x20AC;&#x2122;s Counseling Bernard Carr Family Endowment Fund for Cedar Sinai Park Margery Cohn LOJE Community Endowment Fund Sid & Ruby Conroy Fund for benefit of CSP Stuart & Leah Durkheimer Endowment Fund First Hebrew Benevolent Fund Marilyn Q. Forse Endowment I Marilyn Q. Forse Endowment II Friendly Rosenthal Fund Ira & Julie Gottlieb Endowment Fund Israel Experience Fund Chuck Karsun Memorial Fund Norman Kobin Memorial Fund Rita Lubliner Beth Israel Sisterhood Fund Lubliner Endowed Fund for the Needy Lubliner Robison Jewish Home Endowed Fund at OJCF Leah & Marvin Nepom Endowment Fund OJCF Administrative Endowment Fund OJCYF Endowment Fund Oregon Holocaust Memorial Endowment Fund Zeâ&#x20AC;&#x2122;ev B. & Miriam W. Orzech Endowment Fund Lois L. & Gerald Poplack Fund Roberts Fund for Administrative Support A. Victor & Betty Rosenfeld Leadership Development Endowment Fund Lloyd B. Rosenfeld Youth Leadership Fund Rustin Urological Scholarship Stanley Samuels Endowment Fund Leonard & Lois Schnitzer Charitable Supporting Foundation Manton & Ruth Spear Administrative Fund Leah Spellman CEF CGA Endowment Leah Spellman CSP CGA Endowment Leah Spellman Trust Memorial Fund Robert P. Weil Fund Bertha Woolach Fund

$44,224 $23,566 $5,162 $1,657 $1,054 $33,270 $2,808 $2,808 $5,112 $87,182 $18,120 $17,426 $17,858 $494 $494 $69,880 $448 $452 $185,965 $5,016 $1,832 $10,174 $3,872 $3,704 $1,236 $862 $41,851 $4,780 $1,017 $7,916

Total

$728,672

$5,442 $5,688 $1,620 $5,000 $67,900 $4,344 $979 $3,738 $7,819 $17,830 $8,072

Support in Israel The Oregon Jewish Community Foundation continues to grant funds to organizations that support work in Israel. OJCYF continued its pledge of making a grant from their endowment to benefit an organization doing work in support of Israel; this past year it was Israeli Gay Youth (IGY), the only professional organization in Israel dedicated to serving all LGBT youth. IGY’s goal is to empower LGBT youth within the formal and informal education systems, creating strong youth leadership that can help build a better community, and eventually, a better Israeli society. In October 2017, OJCF President & CEO Julie Diamond travelled to Israel and visited with two organizations that have received funding from OJCF: Hand in Hand: Center for Jewish-Arab Education in Israel and Dror Israel. Hand in Hand, founded in 1998 by Portlander Lee Gordon, started with two schools and a handful of children. It has since grown to six integrated schools educating over 1,700 Jewish and Arab students side by side. Though the school was first met with resistance, there is now an 800 student waiting list and fourteen communities that are requesting that Hand in Hand open a school. (Hand in Hand students are pictured below.) Diamond also spent time with Dror Israel Movement. While the movement offers many programs, the organization is currently focused on its Educators’ Kibbutz in Akko. The kibbutz in Akko would join the other Educators’ Kibbutzim in working to affect change in Israeli society through education. Using a variety of formal and informal educational frameworks, Dror Israel reaches over 100,000 children and youth from every sector of Israeli society.

OJCF Funds & Supporters Donor Advised Funds Leslie & Eva Aigner Holocaust Remembrance Fund ALEPH Fund Amina Fund John & Carol Arnsberg Family Fund Aspen Blue Aspen Mitzvah Fund Azamra Family Fund Gloria Bacharach Family Fund Barg Family Fund Benaroya Family Fund Birk-Coblens Family Fund Henry & Gerel Blauer Family Fund Henry S. Blauer Memorial Fund Stanley & Judith Blauer Family Fund Hannah & Norbert Blechner Memorial Fund George & Harriet Bodner Fund Borkan Family Fund Stan & Ethel Katz Briller Jewish Education Fund Gerald & Fern Broock Fund Eden Rose Brown Family Fund Milton & Cissi Carl Fund CashCo Financial Services Torah Education Fund Stuart & Mandi Chestler Fund Norman & Kathy Chusid Family Fund Nathan Cogan Family Fund Edward Cohn Jr. & Margery Cohn Family Fund Danish Family Endowment Fund Davidson Family Fund Julie & Thomas Diamond Family Fund Stuart & Nikki Director Family Fund Jill Schnitzer Edelson & Richard Edelson Fund Emerald Fund Ceal & Asher Ettinger Remembrance Fund Forman Family Fund Frankel Family Fund Morris & Evelyn Galen Family Fund Albert & Rosalie Gilbert Family Fund Givin-Back Family Fund 24

Bob & Lesley Glasgow Family Fund Jonathan Glass & Sarah Kahn Glass Family Fund Neil & Diana Goldschmidt Fund Doug & Lila Goodman Fund Greg Goodman Charitable Fund Lila Goodman Charitable Fund Mark & Christi Goodman Charitable Fund Mark Goodman Family & Stan Rosenfeld Family Campership Scholarship Fund Emily Georges Gottfried Fund Gradow Family Fund Herman, Rose & Jean Frances Grossman Memorial Fund Janice & Benjamin Isenberg Philanthropic Fund ISS Fund Kathleen & Louis Jaffe Family Fund JLRAD Fund Garry & Judith Kahn Family Fund Wendy & Steven Kahn Family Fund Kantor Family Fund David Karlin Family Fund Kaufman Family Fund Matthias D. Kemeny Charitable Fund Klapper/Hickey Family Fund Jakob Kryszek Family Fund Kurosaki Family Fund Lambert-Maxwell Fund Lang/Svendgard Family Fund Laveson/Isenstein Family Fund Team Leikam Family Fund Reuben & Shirlee Lenske Family Fund Levine Family Charitable Fund Lewin Family Fund Lewis Family Fund Howard & Wendy Liebreich Family Fund Derek & Lydia Lipman Fund Lippoff Family Fund Living Room Fund LPJZ Fund Malka Family Fund Manny & Karen Donor Fund Mazer Vinikour Fund Barry & Susan Menashe Family Fund Ella Krys Menashe Charitable Fund Michael Menashe Charitable Giving Fund Ruben J. & Elizabeth Menashe Family Fund Solomon & Rosalyn Menashe Family Fund

Lora & Jim Meyer Family Fund RuDiSu Meyer Family Fund Sally & Hal Mink Family Fund Morell Family Fund Nelson Shaffstall Family Fund Tillie & Manuel Nepom Memorial Fund Newmark Family Fund Miles Newmark & Barbara Gilbert Fund Nonprofit Organization Management & Leadership Fund Novkov-Bloom Family Fund OJCF Presidentâ&#x20AC;&#x2122;s Fund Oregon Israel Fund Henry & Nancy Oseran Family Fund Paige OJCF Endowed Fund for Neveh Shalom Jack & Clara Paige Family Fund Traci Parker Fund Sylvia Perkel Giving Fund Robert & Rita Philip Family Fund Allan & Marney Pike Family Fund Pollin Family Fund Portland State University Judaic Studies Fund Posen/Gilman Family Fund Potter Family Fund Philip & Dorothy Reiter Philanthropic Fund Erik Richmond & Annette Demsey Family Fund Gayle Schnitzer Romain Fund William & Goldie Rosenbaum Family Fund Rosenberg/Lippman Family Fund D. Rosencrantz Family Fund M.H. & Bernice Rosencrantz Memorial Fund M.H. & Bernice Rosencrantz Philanthropic Fund Alan & Eve Rosenfeld Family Fund Claire Rosenfeld BB Camp Fund Eric & Tiffany Rosenfeld Fund Layton Rosenfeld Allergy Research Fund Lloyd & Rosemarie Rosenfeld Fund Sally Rosenfeld & Andrew Frank Fund Warren & Sheryl Rosenfeld Fund John & Marti Rosenthal Family Fund Ann & Robert Sacks Family Fund Sadis Family Fund Marjorie & Jack Saltzman Family Fund SARB Family Fund Sidney & Alyne Schlesinger Charitable Fund

Audria Schnitzer Charitable Fund Dina Schnitzer Fund Harold & Arlene Schnitzer Family Fund Leonard & Lois Schnitzer Family Fund Barbara & Jack Schwartz Fund Shenker Family Fund John & Janet Sherman Family Fund Shlachter Family Fund Shuldman-Edmundson Fund Stanley Anthony Shulster Charitable Fund Michael Simon Family Trust Gus & Libby Solomon Lecture Fund Sondland/Durant Family Fund Donald & Ione Spear Family Fund Harry & Marjorie Spector Family Fund Stern Family Fund Eve Stern Family Fund Jerry & Helen Stern Grandchildren’s Fund Sharon Stern Family Fund Marvin SW Swire Memorial Fund Tauman Family Fund Ron & Marcy Tonkin Charitable Fund Mrs. Moe M. Tonkon Fund Ungerleider Family Fund Larry Veltman Family Fund LV Wasserman Family Fund Weidenweber Family Fund Michael Weiner & Kathleen Davis-Weiner Donor Advised Fund Gary & Carolyn Weinstein Family Fund Marcia & Stuart Weiss Family Philanthropic Fund Lynn & Jeff Wolfstone Fund Women’s Endowment Fund Cookie & Merritt Yoelin Fund Zenith Tzedakah Fund Charlene Zidell & Daughters Family Fund Zolotar Fund Zurow Family Fund William & Evelyn Zurow Memorial Fund

Endowment Funds Those listed here have either created endowed funds, are associated with endowed funds and/or have significantly contributed to OJCF’s Community Endowment Fund. Joy Alkalay* Anonymous A* Asa & Adrienne Arnsberg* Henry & Evelyn Barber* Gerry Birnbach Jack Birnbach Max Birnbach* Bernard Carr* Margery Cohn Sid & Ruby Conroy* Carol Danish Richard Dobrow • Stuart & Leah Durkheimer* Evelyn Findl* Martin Fishel* • Marilyn Forse* Julius Friendly* Seymour Friendly* Ira & Julie Gottlieb Meryl & Gordon Haber Irwin & Renee Holzman Dana Hunt Gertrude Joseph* • Albert Kailes *• Chuck Karsun* Norman Kobin* Arthur Krichevsky* Robert Landauer • Rita & Louis* Lubliner Harold Nadler* Leah & Marvin* Nepom Mimi & Ze’ev* Orzech Clara Paige* Lois & Gerald Poplack* Irving Roberts* • Eric & Tiffany Rosenfeld Rosemarie Rosenfeld A. Victor & Betty Rosenfeld* Rose & Arnold* Rustin Faye & Stan* Samuels Lois & Leonard* Schnitzer John & Janet Sherman • Robert & Mara Shlachter Manton & Ruth Spear*

Leah Spellman* Rebecca Tarshis* Sada Tarshis* Ronald Tonkin* • Robert Weil* Sharon Weil Marlene Weil-Perez Rose & Isam White* Bertha Woolach* Min Zidell* • Contributor to Community Endowment Fund

Charitable Gift Annuities Charitable Trusts Gifts of Life Insurance Sandra Axel Gloria Bacharach Owen & Lynn Blank Gerel & Henry* Blauer Lynn Bonner Barbara Brown Susan Danielson Ruth Friedel Roy Lambert & Mary Maxwell Victor & Toinette Menashe Debra & Alan Montrose Harold & Jane Pollin Charles Rosenblum Laurens & Judith Ruben Arden & Lois Shenker Richard Solomon & Alyce Flitcraft Helen & Jerry* Stern Jack Straus Gloria Swire Kathleen Vanderpool Larry & Elizabeth Volchok Gary & Carolyn Weinstein *Of Blessed Memory

The information provided on pages 24-25 is current as of January 31, 2018.

OJCF Board of Trustees

First row, left to right: Jeff Wolfstone, Julie Diamond, Steve Laveson. Second row, left to right: Emily Kahn, Andrew Rosengarten, Steven Kahn, Shari Levinson, Elaura Rifkin, Sharon Morell, Rob Shlachter, Kathy Chusid, Richard Glassman. Third row, left to right: Jonathan Singer, Roy Abramowitz, Stan Blauer, Steve Gradow, Jonathan Glass, Josh Frankel, Larry Holzman, Brian Suher. (Some members not pictured.)

Executive Committee Steve Laveson, Chair | Jeffrey Wolfstone, Immediate Past Chair | Josh Frankel, Vice Chair Richard Glassman, Treasurer | Shari Levinson, Secretary | Stan Blauer, Past Chair* Stan Geffen, Past Chair* | Sharon Morell, Past Chair* *Advisory Member

Partner Organization Trustees Larry Holzman, Jewish Family & Child Service | Steven Kahn, Jewish Federation of Greater Portland Liz Rabiner Lippoff, Cedar Sinai Park | Ted Nelson, Congregation Beth Israel Brian Suher, Congregation Neveh Shalom

Thank you to past OJCF Board Members whose service concluded during the past year: Richard Dobrow | Irwin Holzman | Jack Schwartz | Spencer Strauss | Charlene Zidell

Past Board Chairs 26

2015-2017 Jeff Wolfstone 2013–2015 Sharon Morell 2010–2013 Eric Rosenfeld 2008–2010 Stan Geffen 2004–2008 Stan Blauer 2002–2004 Irwin Holzman 2000–2002 Roy Lambert

1998–2000 1996–1998 1994–1996 1992–1994 1990–1992 1988–1990

Jerry Sadis Steve Kantor Richard Solomon Henry Blauer z”l Jim Meyer Harold Pollin

OJCF’s Investment Committee OJCF’s Investment Committee is comprised of investment advisors, CPAs, finance professionals, estate planning attorneys, business professionals and wealth managers. This experienced and adept group works closely with First Republic Bank, OJCF’s investment and banking partner, to oversee the Foundation’s investments. Steve Gradow, Chair | Stan Geffen | Jonathan Glass | Richard Glassman | Joel Greenblum* Steve Laveson | Sharon Morell | Richard Solomon* | Brian Suher | Stuart Weiss* *Advisory Member

OJCF Partner Organizations

OJCF is proud to be the endowment and investment partner for the following 28 organizations. B’nai Brith Men’s Camp Association / B’nai B’rith Camp | Camp Solomon Schechter | Cedar Sinai Park Congregation Ahavath Achim | Congregation Beit Haverim | Congregation Beth Israel | Congregation Havurah Shalom Congregation Kesser Israel | Congregation Kol Ami | Congregation Neveh Shalom | Congregation Shaarie Torah Congregation Shir Tikvah | Gesher: A Bridge Home | Greater Portland Hillel | Jewish Family & Child Service Jewish Federation of Greater Portland | Maayan Torah Day School | Maimonides Jewish Day School Mittleman Jewish Community Center | NCSY – Oregon | The Oregon Hillel Foundation – University of Oregon & Oregon State University Oregon Jewish Museum and Center for Holocaust Education | P’nai Or | Portland Jewish Academy | Portland Kollel Temple Beth Israel, Eugene | Temple Emek Shalom, Ashland | Young Judea

OJCF Professional Team

Julie Diamond, President & CEO Chris Vitron, Director of Finance & Operations Gail Mandel, Legacy Development & Marketing Manager Tara Siegman, Donor Relations & Grants Manager Sonia Marie Leikam, Collaborative Giving Program Coordinator Nathaniel Smith, Foundation Administrator Laurie Kays, Accountant

1618 SW First Avenue, Suite 210 Portland, OR 97201 Ph 503.248.9328 Fax 503.248.9323 info@ojcf.org www.ojcf.org

Mission Statement The Oregon Jewish Community Foundation is dedicated to creating, promoting and facilitating a culture of giving and serves as the guardian of permanent funds available to safeguard the quality of Jewish communal life in Oregon and SW Washington.