2008 Annual Report by Jewish Community Foundation of Los Angeles

“solutions” Martin Neumann

“partner” Janet and Jake Farber

The Jewish Community of Los Angeles

Foundation

2008 Annual Report Annual Report for the year ended December 31, 2008

“vision”

Elizabeth Goldhirsh-Yellin and Eric Yellin

Strengthening the Community Since 1954 A cornerstone of Southern California philanthropy, the Jewish Community Foundation of Los Angeles helps families and individuals achieve their charitable goals while strengthening our community in partnership with the nonprofit organizations and causes they support, today and for future generations. The close of 2008 marked the culmination of Cathy Siegel Weiss’s four years as The Foundation’s Chair. Cathy, who became a trustee in 1994, employed thoughtful judgment, keen intellect, and a positive attitude as she guided The Foundation through periods of growth as well as challenge. She passes the gavel to Lorin Fife, who is a long-time trustee himself, an inspiring leader and passionate supporter of The Foundation and its goals. We are fortunate to count Cathy and Lorin among our Foundation family.

Responding to current needs: To help alleviate economic hardship among members of the Greater Los Angeles Jewish community, The Foundation distributed $1 million in grants for critically needed emergency services such as food, employment and mental health counseling, interest-free loans, and tuition assistance, through the five-agency collaborative Jewish Family Relief Network ($750,000) and the Jewish Federation’s Emergency Cash Grants Initiative ($250,000).

dat

Building community for the future: A $1 million commitment over five years to JTN Productions will support the development of Virtual JLA, a content-rich Internet site that will showcase programming from Southern California’s leading Jewish institutions, creating access to Jewish knowledge, prayer, celebration, and community while reaching out to Jews and non-Jews of all ages and backgrounds locally, nationally, and internationally.

At no time in our 55-year history has the Jewish Community Foundation’s enduring strength and constancy been in greater evidence—or its fabric more strenuously tested—than during 2008. We are gratified to report that, owing to a vast reservoir of goodwill and the commitment of our donors, lay leadership and professional staff alike, we provided steadfast support to our various constituencies— in circumstances when it was required most. While the broader economy continues to be challenged, our capacity for caring remains high. Last year, The Foundation distributed more than $65 million in grants to meet critical and emerging needs in both the Jewish and general communities. Likewise, we and our donors established and maintained funding for an array of promising new initiatives, seeding and supporting creative approaches that foster engagement, social change, and betterment of the world, among other ambitious objectives. Our solid financial base, with a precedence placed upon diversification and long-term stability, enables The Foundation to remain squarely focused on its core mission and leadership role in Los Angeles’ philanthropic community. As of December 31, 2008, total assets equaled $690 million, which includes $85 million of additions made to funds administered by The Foundation last year. There is no

greater testament to the generosity of our donors—both new and existing— or to their confidence in our charitable-asset stewardship than this demonstrated strong commitment to philanthropic giving.

In turn, in a period of unprecedented need, the agencies that depend on us derive considerable comfort that we are a source of support in an environment where funding options narrow. Though we remain a pillar—both financially and philanthropically—our Foundation is not insulated from the uncertainties roiling the capital and credit markets. The sharp downturn in the Dow Jones Industrial Average and the S&P 500 last year impacted the value of our Common Investment Pool (CIP), although The Foundation’s returns—including the loss from the Bernard Madoff fraud—outperformed both of those major indices. By contrast, our clients’ Donor Advised Funds, invested for liquidity and flexibility exclusively in U.S. Treasury and other government instruments, returned 3.8 percent last year. There is no doubt that pressing needs in our community, which have grown only more pronounced since the close of 2008, will not quickly ease. Even as we, our donors, and grantees mobilize to address these urgent needs, there is a prevailing sense of optimism and hope about the future, in part due to the good works of so many whom we are fortunate to view up close on a daily basis. The precept of tikkun olam is a tall order, but one accepted by our donors with a sense of profound obligation and commitment. In that same vein, we are honored to serve these donors and funders who have entrusted their charitable legacies to The Foundation.

Marvin I. Schotland President & CEO

Lorin M. Fife Chair

The Foundation 2008 annual report

Letter to the Community

p2 The Foundation 2008 annual report

“Having a fund at The Foundation minimizes

our worries.

way to give charity and simpler than having our own foundation. We would advise everyone philanthropically minded to partner with the Jewish Community Foundation. They’ll be really happy.”

It’s a much easier

Janet and Jake Farber Foundation Donors

Janet and Jake Farber’s names are synonymous with philanthropy. For more than 60 years, the Farbers have strengthened the Jewish community locally and in Israel through their generous support of Jewish education, continuity, and youth. Among numerous leadership roles they’ve held, Janet was chair of the Bureau of Jewish Education and Jake served as chair of the Los Angeles Jewish Federation, where he learned about the benefits of creating a charitable fund at The Foundation. Although they had their own private foundation, it was an administrative headache, so they ultimately dissolved it and created a Donor Advised Fund at The Foundation. Reflecting on the economic challenges of 2008, Jake says, “Thankfully, we had previously established a fund at The Foundation. We put assets in during good years, so when we recently needed to give some money away, we could. The Foundation has been very helpful to us. The service has been excellent, and they’ve invested our money very, very wisely.”

Janet and Jake Farber

much more effective donors.

The Foundation ensures our grant money is being properly spent, helps us

shape our vision, and has introduced us to other like-minded philanthropists. They’re a great resource to have on your side to navigate the challenges of philanthropy.” Elizabeth Goldhirsh-Yellin and Eric Yellin Philanthropists and Family Foundation Center Clients

Elizabeth Goldhirsh-Yellin and Eric Yellin are deeply passionate about Israel. “The core of Jewish life, of the Jewish people, emanates from Israel,” they say. Through their private family foundation, they support numerous causes in Israel that foster a better understanding and exploration of ancient Jewish history, archeology and religion. As newcomers to Los Angeles in 2008, Elizabeth and Eric were searching for help in becoming better philanthropists. “We want our foundation to be the most effective foundation it can be,” they explain. They quickly connected with the Jewish Community Foundation and its Family Foundation Center. “We leveraged the expertise of the Family Foundation Center for a major archeological park development project in Jerusalem that we’re funding. We’ve never done anything of this scale, and the Center shaped our grant agreements, established key goals and measurements, and managed other administrative matters. The Center is assisting with other projects as well, and they’ve been a huge help.”

Elizabeth Goldhirsh-Yellin and Eric Yellin

The Foundation 2008 annual report

“Working with The Foundation makes us

p4 The Foundation 2008 annual report

“The Foundation’s grant has been vital. It gave us the ability to develop new programs,

gain instant credibility with other organizations, and attract new supporters. Thanks to The Foundation’s support, our efforts have not missed a beat despite the economic downturn.”

Sam Yebri President, 30 Years After

Several young, committed, and passionate Persian Jews saw a need to increase participation of fellow Iranian Jews in civic affairs and boost involvement in the greater L.A. Jewish community. They pitched their idea to The Foundation, and in 2008, a major seed grant helped a new Jewish civic action organization— 30 Years After—come into being. In just the first year, several thousand young people have attended more than 25 events hosted by 30 Years After, including an all-day, civic action conference that featured politicians, activists, and Jewish community leaders from throughout Southern California. 30 Years After now serves as the bridge organization between the Iranian Jewish community and the greater American Jewish community. “As a result,” says Sam Yebri, president of 30 Years After, “many young Persian Jews are connecting with the larger Jewish community, joining other Jewish organizations, and becoming more engaged in local civic affairs than ever before.”

The leadership of 30 Years After: Raymond Zolekhian, Jason Massaband, Sam Yebri, Debbie Farnoush, Jonathan Yagoubzadeh

Museum of Tolerance. They go to the

heart of what we’re all about and certainly

came at a very important time for us, especially with the financial crisis in 2008. For us, The

Foundation’s support has been historic.” Rabbi Marvin Hier Founder and Dean, Simon Wiesenthal Center and the Museum of Tolerance

The Simon Wiesenthal Center, established in 1977, is dedicated to preserving the lessons of the Holocaust and to fostering tolerance and understanding. Critical to that mission, says its founder and dean Rabbi Marvin Hier, is “building strong relationships with our neighbors.” In 2008, to support the Center’s efforts with Southern California’s rapidly growing Latino community, The Foundation provided major seed funding for Jewish Student Leadership for a Diverse World, a training program for Jewish high school and college students to promote cooperation between the L.A. Jewish and Latino communities. Participants become ambassadors representing the Jewish community to the larger world. Also in 2008, the Center’s Museum of Tolerance undertook a major renovation, including building a new 8,500-square-foot, high-tech, interactive Youth Action Lab—funded in part by a Foundation grant—to create a comfortable place for elementary school children to visit. “Thanks to The Foundation’s support, we’re now reaching all age constituencies, which is very important for us,” says Hier.

Rabbi Marvin Hier

The Foundation 2008 annual report

“The Foundation’s grants have been critical to the Wiesenthal Center and

p6 The Foundation 2008 annual report

“I refer my clients to The Foundation because I know they’ll be

in good hands.

The Foundation responds to what donors want. They keep donors

informed and educated, and they appreciate their donors. I love The Foundation’s professionalism and the fact that

everything goes smoothly.” Jane Peebles Principal, Karlin & Peebles, LLP

As a principal at Karlin & Peebles, LLP, Jane Peebles advises clients on domestic and international estate and charitable planning matters. With more than 25 years of experience, she is a frequent presenter at The Foundation’s Professional Advisors Speaker Series. “The Foundation works well with professional advisors, helps philanthropists achieve their goals, and seeds and nurtures numerous nonprofit causes,” she says. “They cover the entire spectrum, and do it very effectively.” Jane does a lot of international charitable work and turns to The Foundation for support. “The Foundation is so knowledgeable about programs in Israel—they match donors’ passions with specific projects and maximize the impact of grants.” In 2008, Jane faced a challenging estate planning assignment for a client. “In the past, I have worked on some difficult gifts to structure and The Foundation has delivered creative solutions. This time, they shed new light on the problem and provided a great solution for my client. Their help was extraordinary.”

Jane Peebles

The staff members are easy

source of information and expertise.

to work with, respond in a timely fashion, and know how to structure solutions for my clients.

I have come to rely on them a lot.” Martin Neumann Partner, Weinstock, Manion, Reisman, Shore & Neumann, a Law Corporation

Martin Neumann is a trusts and estate planning expert, with more than 30 years’ legal experience under his belt, including 22 years teaching the topic at UCLA Extension. He’s a member of the trusts and estate planning law firm of Weinstock, Manion, Reisman, Shore & Neumann, and is also a High Holiday cantorial soloist at his synagogue, Sinai Temple. “People are tremendously concerned about what is going to happen to their wealth as it passes to succeeding generations. They’re not only concerned about saving taxes but preserving their family situation when they’re gone,” says Martin. In 2008, a client desiring to leave a sizeable portion of a large estate to charity wanted to get family members more involved. The solution? A Family Support Organization at The Foundation. “My client was thrilled with it,” says Martin. “It was easy, painless, and very appropriate for them. I would not have come up with this solution without The Foundation’s help.”

Martin Neumann

The Foundation 2008 annual report

“The Foundation is an invaluable

p8 The Foundation 2008 annual report

2008 Year at a Glance At the close of 2008, the Jewish Community Foundation’s assets totaled $690 million, a decrease of 13 percent compared to $797 million in 2007. This decline was primarily driven by the near collapse of the capital markets in 2008. In contrast, our donors came forward to make 2008 one of our top five years for contributions. The Foundation has deepened its commitment to serving the community in this time of heightened need. In 2008, over $65 million in grants were distributed to more than 1,840 organizations. This vital charitable giving made substantial impact across the entire spectrum of our community.

including Donor Advised Funds, Family Support Organizations, Endowment Funds, Agency and Synagogue Endowments, and Life Income Funds. This increase is particularly noteworthy considering the severe economic downturn. Contributions to new and existing Donor Advised Funds amounted to $64 million. This helped to raise total assets held in Donor Funds to a record amount of $334 million. Nearly $16 million in gifts funded 36 new Donor Advised Funds, Family Support Organizations, Restricted Endowment Funds, Life Income Funds and Agency Funds. The Foundation manages a total of 1,200 funds.

The 41 Family Support Organizations affiliated with The Foundation accounted for total assets of $129 million. Additions to new and existing Family Support Organizations totaled $15 million. Family Support Organizations require an irrevocable American Jewish Committee’s Esencia de Judaismo program brings minimum commitment of together members of the Latino and Jewish communities, thanks to $1 million during a donor’s The Foundation’s seed funding. lifetime or as a testamentary Donor Gifts gift and are designed to create a permanent Donors contributed a total of $85 million legacy of intergenerational philanthropy. to funds administered by The Foundation in 2008, through a range of options—

Donor Funds

Institutional Endowments The recent global economic crisis illustrates the unpredictability of financial support that many Jewish institutions, including the Jewish Federation, agencies and synagogues, depend upon. Establishing Endowment Funds is an important way to help ensure these organizations’ financial futures. In 2008, nearly $88 million in Endowment Funds from these organizations were under The Foundation’s management. Investment Philosophy Our investment portfolio’s financial objective is to preserve and enhance the purchasing power of the fund. In keeping with our mission of meeting the community’s needs today and in the future, The Foundation pursues a diversified investment strategy designed to balance return on assets within acceptable risk parameters. Our Investment Committee, comprised of experienced professionals who manage portfolios totaling billions of dollars, strives to achieve a portfolio total return that compares favorably to its benchmarks. Asset Allocation The Foundation maintains a balanced portfolio—the Common Investment Pool—which primarily holds Foundation and agency endowment funds. In 2008, due to enormous turmoil in the economy, the Common Investment Pool suffered a loss of 29.6 percent, with assets totaling $204 million at year-end. This compares to the S&P 500, which declined approximately 37 percent during the year. While the 2008 downturn in global capital and credit markets are the principal causes of the

Endowment Funds

Dollars in Millions

Family Support Orgs.

Dollars in Millions

360

320

280

240

360 334M

200

160

120

138M

129M

120

To maximize performance when the market is up and limit losses when it’s down, The Foundation’s Investment Committee turns to investment management firms with proven expertise in specific asset classes. The Committee— with the assistance of Cambridge Associates LLC, an international investment advisory firm specializing in endowments— routinely assesses changes in financial sectors and market conditions and meets regularly to evaluate manager performance and to monitor portfolio risk. Foundation Legacy Grants To ensure the vitality of the Jewish community and to improve the quality of life of the community-at-large, The Foundation awards grants on a competitive basis through its Legacy Grants program. In 2008, The Foundation awarded $4 million for numerous programs and projects, with its Grants Committee and Foundation staff working together throughout the year to provide oversight and ensure that grants achieve the greatest possible impact. This year, awards were made in the following categories: Community Grants, Israel Grants, Restricted Grants, and Special Grants.

Cutting Edge Grants Capital Grants To inspire social entrepreneurs, creative Awarded biennially in even-numbered thinkers, and innovative organizations years, Capital Grants support to bring forth significant, transformative construction and renovation projects programs for the Jewish community, for facilities that predominantly serve The Foundation provides seed money members of the Los Angeles Jewish for new, high-impact initiatives through its Cutting Edge Grants. Introduced in 2006, grants range up to $250,000 for a period of up to three years. In 2008, The Foundation provided $1.6 million in grants for seven cutting edge programs. For example, the American Jewish Committee received a $150,000 grant for Esencia de Judaismo to train 500 Latino pastors about Judaism, collaborate on Construction of the new Los Angeles Museum of the Holocaust, community projects, and help supported by a Foundation Capital Grant, is well underway. to strengthen ties between these two communities. community. This past year, a total of $200,000 in grants was distributed to Los Angeles Collaborative Grants seven organizations. For example, a Each year, The Foundation awards $50,000 Capital Grant went to the grants to nonprofit organizations that Los Angeles Museum of the develop programs designed to Holocaust to build its first permanent successfully address high-priority home, a 17,500-foot facility in Pan needs in the community-at-large. Pacific Park.

Institutional Endowments

Total Assets

Dollars in Millions

360

In 2008, The Foundation provided a total of $200,000 in Los Angeles Collaborative Grants to seven coalitions. Among them, the Green L.A. Coalition received a $40,000 grant to launch its Greater L.A.Water Campaign to raise awareness about the eight-year drought and to promote sustainable, local solutions.

1999-2008 Rates of Return

Dollars in Millions

Common Investment Pool

Donor Funds Portfolio

(Total Return) (%)

(Current Yield) (%)

2008

(29.6)

3.8

2007

7.8

4.7

2006

11.8

3.8

1000

320

900

280

800

240

700

2005

8.5

2.6

200

600

2004

9.6

2.3

160

500

2003

15.5

2.5

120

400

2002

(0.5)

2.8

300

2001

5.3

4.9

200

2000

4.0

5.7

1999

9.1

5.6

88M

80 40 0

100

690M

• Community Grants Supporting causes in both the Jewish and general communities, Community Grants are awarded on an annual or biennial basis. In 2008, $2 million was distributed in the categories of Cutting Edge Grants, Los Angeles Collaborative Grants, Capital Grants, and Special Grants.

The Foundation 2008 annual report

decline in the Common Investment Pool, it was also impacted by an $18 million loss resulting from the Bernard Madoff fraud, representing less than 3% of The Foundation’s total assets. The Foundation is pursuing all legal and administrative restitution remedies to recover the loss.

p10 The Foundation 2008 annual report

Special Grants The Foundation established a biennial Inspired Leadership Award in 2007 with a $100,000 grant to recognize a local, forward-thinking Jewish community leader on the ascending arc of his/her career who effects significant positive change in our community. Presented in the form of a Donor Advised Fund, the 2008 Inspired Leadership Award was given to Rabbi Sharon Brous, founding rabbi of IKAR. This rapidly-growing Jewish spiritual community is devoted to uniting a diverse and dynamic mix of Jews in study, prayer, and work toward

• Israel Grants The Foundation’s annual Israel Grants program places strategic emphasis on collaborative partnerships with other funding entities and provides up to $250,000 to recipient organizations. Grant recipients range from small programs that demonstrate immediate results to longer-term, complex programs that have the potential for widespread social and economic impact. A total of $430,000 in Israel Grants was funded during the year. One recipient, Leket: The Israel Food Bank, received $250,000, to be distributed over three years, in support of the first national food bank in Israel. It functions as the central address for acquisition of surplus food donations and distribution of the donated food to nonprofit organizations that provide food assistance in poor communities.

• Restricted Grants Heeding donors’ wishes to direct annual support to specific organizations and Rabbi Sharon Brous of IKAR receiving The Foundation’s Inspired preselected programs, Leadership Award. (L to R) Lorin Fife, chair; Cathy Siegel Weiss, The Foundation works former chair; Rabbi Brous; Marvin Schotland, president and CEO. with donors to establish Restricted Endowment Funds. These social change. Rabbi Brous is using the funds distributed $1.5 million in 2008 to award to support charitable causes that address a wide range of needs locally, help perpetuate a vibrant Jewish nationally, and in Israel. Funds were Los Angeles.

Common Investment Pool $204 million

Fixed Income

Inflation Hedging Assets Domestic Equity

Family Foundation Center Partnership Grants To help ensure the effectiveness of family foundations and funders, whether or not they are affiliated with The Foundation, the Family Foundation Center (the Center) offers a variety of consulting services, including helping funders develop mission statements, tackle next-generation issues, and connect to experts in their areas of interest. The Center also provides assistance to funders to implement their grantmaking programs, including finding and vetting appropriate organizations that meet a funder’s philanthropic mission and serving as an overseer to ensure that the grantee’s program goals are being accomplished. This year, the Center continued to provide top-quality educational events for funders and professional advisors, presenting nationally-known experts in philanthropy. Through a collaborative effort with Southern California Grantmakers, Foundation donors had the benefit of hearing Anne Bartley, trustee of the Rockefeller Brothers Fund, and Steve M. Hilton, president and CEO of the Conrad N. Hilton Foundation, speak about the key steps to ensuring a multi-generational legacy of philanthropy. Joline Godfrey presented Raising Financially Fit Kids,

Foundation Legacy Grants

Donor Grants

By Field of Interest 2008 - $3 million

Civic Life Social Services Art & Culture

Partnership Investments International Equity

used, for example, to support Jewish education and scholarships, social service needs, and medical assistance.

Religious Life Health, Science & Environment Education

By Sector 2008 - $62 million

Jewish Israel

General Community

Donor Grants In 2008, the Jewish Community Foundation distributed $62 million in donor-recommended grants to 1,840 nonprofit organizations for programs that span the human lifecycle. • Social services accounted for nearly $24 million, or 39 percent of donors’ total giving. Religious life made up nearly $7 million, or Leket: Israel ’s National Food Bank serves as a national food 11 percent. Nearly $6 million, or distribution center ensuring that food is efficiently distributed to 9 percent, was directed to health, Israel ’s impoverished citizens. science, and the environment. process of philanthropy. The 11 young Education represented over $16 million, participants—family members of or 26 percent, of donor giving. Arts, Foundation donors—participated in culture, and civic life amounted to a two-month educational program and $9 million, or 15 percent. decision-making process designed to teach them how to evaluate worthy nonprofit • Of these grants, almost $16 million, organizations. Over the five years of the or 25 percent, supported the Los program’s existence, more than 50 young Angeles Jewish Federation and its people have participated in this rewarding agencies, of which $3 million was philanthropic educational experience. directed to the United Jewish Fund,

Donor Grants

By Field of Interest 2008 - $62 million

Arts & Culture Social Services

Civic Life

Religious Life Health, Science & Environment Education

Donor & Foundation Legacy Grants By Field of Interest 2008 - $65 million

Arts & Culture Social Services

Civic Life

Religious Life Health, Science & Environment Education

with the balance going directly to agencies affiliated with the Jewish Federation. • Sixty-three percent, or $39 million, supported causes in the local and national Jewish communities, and 25 percent, or more than $15 million, funded general community programs and organizations. Twelve percent of all donor grants, or more than $7 million, was distributed to worthy causes in Israel. Ensuring Continuity and Stability The Jewish Community Foundation was built to endure. For 55 years, The Foundation has demonstrated an unwavering commitment to serving the needs of the community and of those who wish to help the community. Safeguarding the philanthropic legacy of our donors and the security and impact of their charitable assets is our top institutional priority. The Foundation has operated at or under budget every year for more than a decade. In 2008, our operating expenses were $5.9 million, 85 basis points of total assets. The Foundation’s Board of Trustees has fiduciary responsibility for the integrity and fairness of the financial information provided herein and for engaging the independent auditors, Pricewaterhouse Coopers LLP, to ensure that management fulfills its responsibilities in providing accurate and reliable financial information. The Board has assigned oversight responsibility for this function to its Audit Committee.

p11

During 2008, the Center facilitated more than $3.4 million in grants, representing $1.2 million from Foundation donors and $2.2 million from private family foundations that utilize The Foundation’s expertise to facilitate their grantmaking. Throughout the year, funders with particular interests were linked to nonprofit organizations doing important work in their targeted fields of interest.

The Foundation 2008 annual report

which attracted both young couples with school-aged children as well as grandparents. The Center also featured Isabel Maxwell, a social entrepreneur and philanthropist who shared how business principles are being translated to help solve pressing social and economic problems. The Center also sponsored its fifth annual Community Youth Foundation, an initiative designed to engage teenagers in the

p12 The Foundation 2008 annual report

Leadership and Staff of the jewish Community Foundation As of 9/1/09

Executive Pamela Rubin Program Officer

Family Foundation Center/Grants Marvin I. Schotland President & CEO

Kate Martin

Executive Assistant

Amelia Xann

Vice President, Family Foundation Center & Grant Programs

Naomi Strongin Daniel M. Rothblatt Senior Vice President, Philanthropic Services

Grants & Family Foundation Center Coordinator

Elliot B. Kristal Baruch S. Littman

Vice President, Charitable Gift Planning

Vice President, Development

Stacey Young

Manager, Marketing & Communications/ Webmaster

Development

Marketing

Georgina Baquet Heather Glynn

Development & Database Coordinator

Development Assistant

Lewis Groner

Director, Marketing & Communications

Bonnie Samotin Zev Marketing & Communications Specialist

Options And opportunities for philanthropy The Jewish Community Foundation offers variety and flexibility in charitable gift planning, in addition to top-flight service and professional expertise. We help fulfill your philanthropic objectives while addressing your financial, tax and estate planning needs. For more details about the methods and techniques of creating a charitable fund that best meets your needs, please visit www.jewishfoundationla.org or contact The Foundationâ€™s Development Office at (323) 761-8704. We welcome the opportunity to help you fulfill your philanthropic goals.

Donor Relations

Fay Althausen

Support Foundation Account Executive

Heather Baroff Manager, Donor Relations

p13

DeWayne Nash

CFO/Vice President, Finance & Adminstration

Assistant Controller

Ripsima Talverdian

Cynthia A. Jones

Controller

Investment Accountant

Finance & Administration

Janices Brown June del Rosario

Database Manager/ IT Specialist

Accountant/ Payroll Specialist

Officers Lorin M. Fife Chair

Marvin I. Schotland President & CEO

Kenneth A. August Vice President

Leah M. Bishop

Vice President Professional Advisors Outreach Committee Co-Chair

Max Factor III

Vice President Family Foundation Center Committee Chair

Bertrand I. Ginsberg Vice President

Harold J. Masor

Vice President Audit Committee Chair

Alan Stern

Vice President Cutting Edge Grants Committee Chair

Daniel M. Rothblatt Senior Vice President, Philanthropic Services

Michael J. Januzik

CFO/Vice President, Finance & Administration

Elliot B. Kristal

Vice President, Charitable Gift Planning

Baruch S. Littman

Vice President, Development

Amelia Xann

Vice President, Family Foundation Center & Grant Programs

Selwyn Gerber

Secretary Israel Grants Committee Chair

Lawrence Rauch

Treasurer Finance Committee Chair

Executive Staff Lewis Groner

Director, Marketing & Communications

Jessica Vroman Director, Accounting

Board of Trustees Martin S. Appel* Kenneth A. August Jordan Bender Lynn Bider Leah M. Bishop Robin Broidy Anthony Chanin

Iris M. Rodgers

Foundation Secretary

Renee Ing-Akana Executive Assistant

L.A. Collaborative Grants Committee Chair

Jonathan Cookler Allan B. Cutrow* Max Factor III Lorin M. Fife Selwyn Gerber Elie J. Gindi Bertrand I. Ginsberg Herbert Glaser Mark Lainer* Ronald L. Leibow Harold J. Masor David Polak Lawrence Rauch Scott H. Richland Karen Sandler Evan Schlessinger Annette Shapiro* Brian Shirken Michael G. Smooke

Capital Grants Committee Chair

Sheila Baran Spiwak Eugene Stein Alan Stern Cathy Siegel Weiss*

Investment Committee Co-Chair

Douglas C. Williams JEWISH FEDERATION EX OFFICIO TRUSTEES Richard Sandler Vice Chair

John R. Fishel President & CEO * Past Chair

Advisory Board Newton D. Becker Lionel Bell Elaine Berke Howard M. Bernstein Philip W. Colburn Fred Cowan Irwin Daniels Cliff Einstein Irwin S. Field Noralee Gold Bram Goldsmith Glenn Golenberg Steven C. Good Daniel V. Goodstein Dorothy S. Goren Lee Hausner Ronald M. Kabrins Mitchell T. Kaplan Mark S. Karlan Irving J. Karp Richard A. Kayne Martin Kellner Martin L. Kozberg Jeffrey L. Levine Francis S. Maas Frieda Meltzer Jack M. Nagel James A. Nathan

Investment Committee Co-Chair

Jackie Pearlson Joyce R. Powell Herbert A. Reznikoff Stanford K. Rubin Nathan Sandler Richard A. Schulman Mark N. Schwartz Frederick L. Simmons Kenneth D. Simon Richard S.Volpert Barbi Weinberg Sylvia Weisz

PROFESSIONAL STAFF Fay Althausen

Support Foundation Account Executive

Georgina Baquet

Development & Database Coordinator

Heather Baroff

Manager, Donor Relations

Janices J. Brown

Database Manager/IT Specialist

June del Rosario

Accountant/Payroll Specialist

Susan Grinel Consultant

Cynthia A. Jones Investment Accountant

De Wayne Nash

Assistant Controller

Pamela Rubin Program Officer

Adam Safran

Consultant, Information Technology

Naomi Strongin

Grants & Family Foundation Center Coordinator

Ripsima Talverdian Controller

Judy Weinstein

Consultant, Human Resources

Stacey Young

Manager, Marketing & Communications/Webmaster

Bonnie Samotin Zev

Marketing & Communications Specialist

ADMINISTRATIVE STAFF Heather Glynn Development Assistant

Renee Ing-Akana Executive Assistant

Kate Martin

Executive Assistant

Iris M. Rodgers Foundation Secretary

The Foundation 2008 annual report

Michael J. Januzik

“heart” Rabbi Marvin Hier

“credibility” Sam Yebri, Debbie Farnoush and Jason Massaband

“professionalism” Jane Peebles

Jewish Community Foundation of Los Angeles

6505 Wilshire Boulevard, Suite 1200 Los Angeles, California 90048 • 323.761.8700 www.jewishfoundationla.org

Writer: Lewis Groner Editors: Lewis Groner and Sylvia Sukop Photography: Lewis Groner pp.1-7, p.10; Howard Pasamanick pp.12-13; Courtesy of grantees pp. 8-9, p.11