ANNUAL REPORT FOR THE YEAR ENDING DECEMBER 31, 2013
If random acts of kindness can change the world...
6 0 Y E A R S O F G I F T S T H AT M AT T E R • 1 9 5 4 - 2 0 1 3
... imagine what a more strategic approach to philanthropy can accomplish. Many people work with The Foundation to pursue their charitable passions in a more strategic fashion. By doing so, they are able to make an enormous impact in our community and well beyond. While random acts of kindness are wonderful, with some planning, thoughtfulness, and foresight, they can become greatly enhanced and therefore more powerful. To effectively address the growing challenges confronting our society, it’s important to have a partner with 60 years of experience helping philanthropists give smarter and more strategically.
The Foundation completed a very productive and gratifying 2013 that provides us momentum for The Foundation’s 60th anniversary this year and a fitting transition into our seventh decade of service to the community. At December 31, 2013, The Foundation’s total assets reached $906 million, up from $812 million a year earlier, a nearly 12 percent increase. Last year, 55 new funds were established, and $101 million was contributed to The Foundation. We and our more than 1,000 donors awarded $65 million in grants locally, nationally, and in Israel. Deeply rooted here are 225 permanent endowments established since our humble beginning in 1954. Many of these provide permanent support for causes that were quite meaningful to their creators and embody the vision of our founders who sought a source of ongoing funding to meet our community’s evolving needs. Surely today they would be immensely proud of the many initiatives created and countless lives touched through grants provided by The Foundation and our donors— as well as the fact that we are rapidly approaching the $1 billion-in-assets threshold. None of this has occurred by accident, and it informs our annual report theme. While random acts of kindness may, in fact, change the world, a decidedly more strategic approach has enabled our achievements and governs our operating strategy. Consequently, we thought it appropriate here to recognize six past living chairs of The Foundation—each of whom brought his or her unique skill sets, keen intellect and sound judgment at pivotal stages of our growth. Allan Cutrow, Martin Appel, Annette Shapiro, Mark Lainer, Cathy Siegel Weiss, and Lorin Fife personify the best principles of Jewish lay leadership, and each has left an indelible mark that enables the good works that we and our donors accomplish together—just as we have day in and day out for the last 60 years. We move toward the next chapters in our history with a sense of confidence, optimism and, most importantly, purpose about The Foundation’s role in shaping the direction of Jewish Los Angeles for generations to come.
Letter to the community
To Our Community:
Sincerely,
Lawrence M. Rauch Marvin I. Schotland Chair, Board of Trustees President & CEO
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“The Foundation has taught me how to leverage one’s giving and that everyone can make an impact.” “At The Foundation, I learned that it really doesn’t take an enormous amount of money to make an impact. Everyone can make a difference, no matter what he or she has to give. The key is to get creative and leverage your funds. That’s what The Foundation is known for. When I was young, my dad suggested I get involved with The Foundation because he felt its leaders were creative visionaries. Dad was absolutely right.” -Allan Cutrow Foundation Chair, 1985–1988
Photo: Allan Cutrow, chair of The Foundation from 1985 through 1988, introducing two young children to the world of books and imagination. Allan is passionate about youth literacy and served as chair of Koreh LA, The Jewish Federation’s literacy project, which helped 20,000 children improve their reading skills, thanks to Foundation seed funding.
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“By working with The Foundation, people get the most impact for their charitable dollars.” “The Foundation excels at assisting and linking the right kinds of people and organizations to accomplish philanthropic objectives most effectively. It has great credibility in the community because its staff and board members are all seasoned, top-notch professionals. Donors can be confident that their charitable assets will be well taken care of and that their philanthropic ambitions will be achieved. The Foundation has been the single proudest accomplishment in my entire nonprofit experience.” -Marty Appel Foundation Chair, 1989–1992
Photo: Marty Appel, shown here with a resident of Los Angeles Residential Community (LARC) in Santa Clarita, is an attorney who chaired The Foundation from 1989 through 1992. Marty has for many years been actively involved with LARC—which provides a loving home and enrichment center for developmentally challenged adults—helping it become one of the most respected such facilities in the country.
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“Seeding new programs means taking chances, and that’s where The Foundation comes in.” “With every new challenge comes the courage you need to confront it. That’s how I view The Foundation’s commitment to funding untested initiatives in our community. In the end, the rewards for extending support far outweigh the risks. Having the courage to take risks is the most important thing I learned at The Foundation. That lesson has been enormously beneficial in many other leadership positions I have since held.” -Annette Shapiro Foundation Chair, 1997–2000
Photo: Annette Shapiro (R), chair of The Foundation from 1997 through 2000, is president of the Board of Directors of Beit T’Shuvah, which helps Jews recover from addictions and begin life anew. Founded in 1987 with Foundation support, Beit T’Shuvah has transformed into a modern, multi-facility campus serving hundreds of clientele, thanks to Annette’s leadership. She is shown here with Alison Gabler, development manager, at the Beit T’Shuvah synagogue on the Joyce and Saul Brandman Campus.
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“When you get involved with The Foundation, you learn to think from a very broad perspective.” “You’re involved in so many aspects of the community. Rather than being narrowly focused on just your own organization and mission, The Foundation helps you think about the bigger picture and how each cause fits into the greater community. Through The Foundation, I’ve gained tremendous perspective that I’m now able to share for the benefit of many other organizations.” -Mark Lainer Foundation Chair, 2001–2004
Photo: Mark Lainer (L), a real estate investor and developer, served as chair of The Foundation from 2001 through 2004. His lifelong passion is Jewish education, and he has been intimately involved in the creation and growth of numerous Jewish educational institutions locally and around the country. He is shown here with Larry Kligman, head of Heschel Day School in Northridge, at the school’s Lainer Library. Mark helped found the school in 1972 and has provided vital strategic guidance to its leaders for more than four decades.
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“The Foundation touches every aspect of philanthropy in a deeply meaningful way.” “The Foundation is the ultimate strategic partner in philanthropy, both in terms of services it offers donors and the vital seed funding it provides to so many causes in the Jewish community and beyond. Its Center for Designed Philanthropy—which helps donors become more effective philanthropists—is hard to find elsewhere. The Foundation is one of the most personally rewarding philanthropic activities I’ve ever been engaged in, and it has enabled me to develop vital relationships with like-minded people in the community.” -Cathy Siegel Weiss Foundation Chair, 2005–2008
Photo: Cathy Siegel Weiss, a former entertainment lawyer, chaired The Foundation from 2005 through 2008. She currently is co-chair of Children’s Hospital Los Angeles, one of the nation’s top five pediatric medical centers treating many patients with life-threatening illnesses. She is pictured here in the hospital’s playroom enjoying the company of several young patients.
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“The Foundation nurtures some of the greatest ideas in the Jewish world in their embryonic stage.” “Working within The Foundation, I accomplished the most meaningful work I believe I have ever undertaken in both the nonprofit and the for-profit world. For example, chairing and serving on The Foundation’s various grants committees, I was able to observe what works and what doesn’t when seed funding new projects and what it takes to make them self-sustaining. As a result, I am now a far more knowledgeable philanthropist and appreciate how The Foundation’s resources can take other people’s philanthropy to the next level.” -Lorin Fife Foundation Chair, 2009–2012
Photo: Lorin Fife, formerly a senior executive and general counsel at a Fortune 500 financial services company, chaired The Foundation from 2009 through 2012. An artist and sculptor, Lorin helped champion the creation of the Jewish Artists’ Initiative—seed funded by The Foundation—and similar endeavors that are enabling participants to better express their love for Judaism, improve our community, and connect to our faith.
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YEAR AT A GLANCE: 2013 At year-end 2013, the Jewish Community Foundation’s total assets rose to a record $906 million, a nearly 12 percent increase from the prior year. A total of $65 million in grants was distributed to more than 2,000 organizations with programs spanning the entire range of philanthropic giving. Donor Gifts Donors contributed a total of $101 million in 2013 to funds administered by The Foundation through a variety of philanthropic instruments, including Donor Advised Funds, Family Support Organizations, Endowment Funds, and Agency and Synagogue Endowments. • Contributions to new and existing Donor Advised Funds reached $77 million, a 26 percent increase from 2012, helping to raise total assets in Donor Advised Funds to $429 million. • Gifts of nearly $29 million established 55 new Donor Advised Funds and Endowment Funds. This represents a record number of new funds created in one year. Donor Advised Funds require a minimum of $5,000.
“The Foundation was blessed with outstanding lay leadership this past year, which continues a proud tradition of great lay leaders.” -Marvin I. Schotland, President & CEO
• The 37 Family Support Organizations affiliated with The Foundation represent total assets of $179 million. Additions to Family Support Organizations totaled $21 million. Family Support Organizations help create a permanent legacy of family philanthropy, carried forth from generation to generation, and require a minimum of $2.5 million.
2 0 04 — 2 013 R AT E S O F R E T U R N Common Investment Pool (Total Return)(%)
2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
12.2 11.5 (0.7) 11.8 18.8 (29.6) 7.8 11.8 8.5 9.6
Cash & Cash Equivalents Pool (Current Yield)(%)
0.1 0.3 0.6 1.1 2.2 3.8 4.7 3.8 2.6 2.3
Investment Strategy The Foundation maintains a balanced portfolio—the Common Investment Pool—consisting primarily of Foundation and agency endowment funds, and concentrates on a long-term strategy of growth and preservation of capital. In 2013, the
Common Investment Pool increased 12.2 percent, with assets reaching $288 million at year-end. The Common Investment Pool’s 2013 performance exceeded its benchmark by 1.7 percent. The Foundation’s Cash & Cash Equivalents Pool is primarily used for liquidity for grantmaking by Donor Advised Funds and Family Support Organizations. This pool returned 0.1 percent in 2013.
TOTAL ASSETS
1Billion
(Dollars in Millions)
900
743M
690M 706M
700 600
812M
797M
800
906M
731M
737M
603M 551M
500 400 300 200 100 0
04
05
06
07
08
09
10
11
12
13
Donor Funds Endowment Funds Family Support Organizations Institutional Endowments
New Strategic Return Fund The Foundation unveiled a new investment option—the Strategic Return Fund—in late 2013 for Donor Advised Funds with assets of $50,000 or more. The Foundation’s Investment Committee actively manages this investment fund with assistance from Canterbury Consulting. The Strategic Return Fund enables donors to invest in a diversified basket of strategies intended to provide long-term growth with less volatility than would an all-stock or all-cash portfolio. Investment performance in 2014 has been comparable to that of The Foundation’s Common Investment Pool.
“2013 was a stellar year thanks to our donors’ deep commitment to the community as reflected in over $100 million in gifts to The Foundation!” -Michael J. Januzik, CFO/Senior Vice President, Finance & Administration
Our Investment Committee, consisting of leading professionals who manage portfolios worth billions of dollars, pursues a diversified investment strategy designed to balance return on assets within acceptable risk parameters set by our Board of Trustees. 16
To strengthen performance when the market is up and to limit losses when it is down, the Investment Committee relies on investment management firms with proven expertise in specific asset classes. The Investment Committee—aided by an independent institutional investment consulting firm—routinely analyzes changes in financial sectors and market conditions and meets quarterly to assess manager performance and to monitor portfolio risk.
COMMON INVESTMENT POOL ALLOCATION Domestic Equity 26%
International Equity 26%
Partnership Investments 25%
Fixed Income 20%
“It has been my pleasure to work with families that are committed to improving the world and strengthening our community. They honor their family’s legacy, teach the next generation important values, and live more meaningful lives.” -Dan Rothblatt, Senior Vice President, Philanthropic Services
Exchange Traded Commodity 3%
FOUNDATION LEGACY GRANTS In 2013, The Foundation awarded a total of $6 million to new programs and initiatives that strengthen the fabric of our community and Israel. Together with Foundation staff, the grants committees strive to maximize the impact of these awards. This year, funding was provided for Community Grants—consisting of Cutting Edge Grants, Israel Grants, and General Community Grants—and Endowment Grants. Community Grants To address vital issue areas in both the Jewish community and community at large, Community Grants are awarded annually through a competitive process. In 2013, nearly $3 million was distributed in this category. Cutting Edge Grants To inspire social entrepreneurs, creative thinkers, and innovative organizations to develop significant, transformative programs for the L.A. Jewish community, The Foundation provides seed funding to launch new, high-impact programs. Through its Cutting Edge Grants Initiative, awards of up to $250,000 are distributed over a maximum three-year period. Beyond the
funding itself, The Foundation’s grant professionals also provide guidance to the grant recipients throughout the grant award period, helping to strengthen the program and its results. In 2013, over $1 million was awarded for seven Cutting Edge Grants, including a $250,000, three-year grant to The Jewish Federation for Los Angeles Jewish Abilities Center. It comprises a unique 11-organization collaborative offering comprehensive services to meet the immediate and long-term social, spiritual, and financial needs of adults with special needs. The purpose of the collaborative—the first of its kind in the country—is to enhance the quality of life for hundreds of adults with special needs by producing a resource website, offering case management services, and developing innovative programs and services.
FOUNDATION LEGACY GRANTS Community Grants
• Israel Grants • Endowment by Field of Interest - $6 million
Grants
Social Services 59%
Education 13%
Religious Life 10%
Health, Science & Environment 9%
Arts, Culture & Civic Life 9%
Additionally, Creative Community For Peace received a $250,000 Cutting Edge Grant to mobilize music executives and performing artists to counter the boycott, divestment, and sanctions movement (known as the BDS movement) against Israel and to promote a positive image of the country through educational initiatives, briefings, and media campaigns. The initiative is establishing a strong online and print media presence to create a distinctive circle of influence in which industry insiders educate their artist friends and clients who, in turn, educate the public about Israel.
“In 2013, we more frequently connected donors with our Center for Designed Philanthropy’s senior staff to spark creative giving conversations. This helped develop even stronger and more meaningful relationships with our donors.” -Baruch Littman Vice President, Development
Israel Grants The Foundation’s Israel Grants support organizations addressing issues related to Jewish identity and those working to affect 18
economic development and self-sufficiency. These grants provide up to $250,000 over three years to organizations in Israel. Israel Grants totaling $700,000 were awarded in 2013 to five organizations. Koret Israel Economic Development Funds was awarded a $100,000 Israel Grant for its Microfinance for Low Income Jewish Women program. This initiative will support up to 600 women in developing their microenterprises, including pre-loan and post-loan business development training. Participants consist of charedi women and immigrants from Ethiopia and the Former Soviet Union who open businesses that include graphic design, child care, gift stores, clothing stores, jewelry making, and hairdressing. Another recipient, Artists & Musicians for Israel – Neshima, received a $150,000 Israel Grant for its Neshima Teacher Training to train 1,200 teachers at 100 schools to integrate the Neshima music and art curriculum into their classrooms, influencing the Jewish identity of close to 37,000 teens. The program works with schools throughout Israel to train teachers on implementing a curriculum that provides a connection to Judaism through lyric writing, composition, drawing, and drama.
“I’m very proud of the many ways in which The Foundation touched the lives of so many people in 2013. The Foundation has assumed a vital role and a valued reputation for meeting the needs of our community.”
DONOR & FOUNDATION LEGACY GRANTS Donor Advised Funds • Family Support Organizations Community Grants • Israel Grants • Endowment Grants by Field of Interest - $65 million
Social Services 31%
Education 31%
-Elliot Kristal, Vice President, Charitable Gift Planning
Arts, Culture & Civic Life 14%
Religious Life 12%
Health, Science & Environment 12%
General Community Grants Reflecting its commitment to tikkun olam, The Foundation supports numerous organizations outside of the Jewish community to address high-priority concerns in Los Angeles through its
General Community Grants. In 2013, these grants focused on early childhood development and provided a total of $200,000 to eight organizations. The Children’s Bureau of Southern California received a $20,000 General Community Grant for its NuParent initiative. This program trains up to 15 facilitators at 38 partner organizations to prepare and support 3,000 families in providing healthy, nurturing environments for their infants and toddlers through weekly educational activities. Its goal is to mitigate cognitive, language, and emotional developmental delays in young children that are often exacerbated by poverty, child maltreatment, and low maternal education. The South Los Angeles Child Welfare Initiative (SLACWI) was awarded a $20,000 General Community Grant for its Early Childhood System of Care to more effectively coordinate service delivery among SLACWI’s seven early childhood partner agencies in providing high-quality, holistic, and reliable care for 250 families living in South L.A. Through this program, leaders of the seven agencies regularly convene to ensure that families are receiving well-coordinated, comprehensive services and that there is consistent communication among agencies about each family. Endowment Grants Endowment Funds are created to fulfill donors’ desires to establish a permanent legacy and to support specific issue areas or organizations and programs donors are passionate about. In 2013, these funds distributed $3 million in grants to meet a broad range of needs locally, nationally, and in Israel. Grants were allocated to a wide spectrum of areas, including Jewish education, Jewish identity, social service needs, health care, and others through local organizations such as Bet Tzedek, Builders of Jewish Education, City of Hope, Homeboy Industries, Jewish Big Brothers Big Sisters, Jewish Family Service, Jewish Free Loan Association, and Jewish Vocational Service as well as Magen David Adom and Schechter Institute of Jewish Studies in Israel.
“What made this past year so special was helping donors create endowments to honor loved ones and support causes meaningful to them.” -Susan Mattisinko, General Counsel
Support from the Doris Factor Endowment Fund launched GeneTestNow.com, an initiative to raise much-needed awareness among the Jewish community and beyond about the importance of couples discussing genetic risk factors, getting genetic screening, and becoming more informed through genetic counseling if they are carriers. Through this initiative, hundreds of Jewish adults are learning about how to integrate knowledge of their genetic profile into their journey as they successfully grow their families. 20
DONOR GRANTS In 2013, The Foundation distributed $59 million to more than 2,000 nonprofits via donor-recommended grants from Donor Advised Funds and Family Support Organizations. Grants by Fields of Interest • Education represented approximately $20 million, or 33 percent of donors’ total giving. • Social services accounted for more than $16 million, or 28 percent. • Arts, culture, and civic life constituted nearly $9 million, or 15 percent. • Religious life exceeded $7 million, or 12 percent. • Health, science, and the environment amounted to more than $7 million, or 12 percent.
DONOR GRANTS
Donor Advised Funds • Family Support Organizations by Field of Interest - $59 million
“Seeing so many wonderful expressions of our donors’ philanthropy in 2013 make a difference in the world made for a very uplifting year.”
Education 33%
Social Services 28%
Arts, Culture & Civic Life 15%
-Lewis Groner, Director, Marketing & Communications
Religious Life 12%
Health, Science & Environment 12%
Grants by Sector • Fifty-four percent, or more than $32 million, supported causes in the local and national Jewish communities. • Thirty-three percent, or more than $19 million, funded organizations in the nonsectarian community at large. • Thirteen percent of all donor grants, or nearly $8 million, aided worthy programs in Israel.
DONOR GRANTS Donor Advised Funds • Family Support Organizations by Sector - $59 million
Jewish - Local & National 54%
Community at large 33%
Israel 13%
Ensuring Continuity and Stability The Jewish Community Foundation of Los Angeles was built to last for generations to come. Since its establishment in 1954, The Foundation has never veered from its commitment to serve the needs of the community and those seeking to enhance it. Safeguarding the philanthropic legacy of our donors and the security and impact of their charitable assets is our primary institutional priority. 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, PricewaterhouseCoopers 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. The Foundation’s 2013 audited financial statements can be found at:
Since its establishment in 1954, The Foundation has never veered from its commitment to serve the needs of the community and those seeking to enhance it. Safeguarding the philanthropic legacy of our donors and the security and impact of their charitable assets is our primary institutional priority.
www.jewishfoundationla.org/2013auditedfinancials. The Foundation has operated at or under budget every year for more than two decades. In 2013, our operating expenses were $5.7 million, or 63 basis points of total assets.
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TOTAL GRANTS
SHOWN IN WHITE ( MILLIONS)
$200 million
$180
$160
$140
$120
$100
$80
$60
$40
$20
$0
1954
$8K
$37K
1959
$22K
$1.5M
1964
$88K
$4.5M
1969
$.5M
$8.5M
1974
$3M
$24M
1979
$10M
$5
19
TOTAL ASSETS
SHOWN IN ORANGE ( MILLIONS)
$1 billion $906M
$900 million
$800 $706M
$700
$600 $551M $500
$400
$78M $65M
$314M
$300 $43M
84
$22M
$120M
1989
$100
1994
1999
2004
2013
2007
1997
2002
$16M
1992
5M
$99M
1987
$20M
$200
2009
2013
24
L E A D E R S H I P A N D S TA F F O F T H E J E W I S H C O M M U N I T Y F O U N D AT I O N Kate Martin
Executive & Board Liaison
Elliot B. Kristal
Daniel M. Rothblatt
EXECUTIVE
Vice President, Charitable Gift Planning
Senior Vice President, Philanthropic Services
Baruch S. Littman Vice President, Development
DEVELOPMENT
Marvin I. Schotland President & CEO
Susan Mattisinko General Counsel
Georgina Baquet Development & Database Coordinator
CENTER FOR DESIGNED PHILANTHROPY
Heather Glynn
Development Assistant
Elana Wien
Naomi Strongin
Senior Program Officer
Bonnie Samotin Zev
Program Officer
Kim Newstadt Program Officer
Manager, Marketing & Communications
MARKETING & COMMUNICATIONS
Heather Baroff
Lewis Groner
Director, Marketing & Communications
Michael J. Januzik
CFO/Senior Vice President, Finance & Administration
Manager, Donor Relations
Fay Althausen Support Foundation Account Executive
Jessica Vroman Director, Accounting
DeWayne Nash
Ripsima Talverdian Controller
DONOR RELATIONS
Assistant Controller
FINANCE & ADMINISTRATION
Iris M. Rodgers
Janices Brown
Foundation Secretary
Database Manager/ IT Specialist
Cynthia A. Jones Investment Accountant
June del Rosario Accountant/ Payroll Specialist
OFFICERS
BOARD OF TRUSTEES
ADVISORY BOARD
Lawrence Rauch
Martin S. Appel *
Kenneth A. August
Lynn Bider
Lionel Bell
Lorne M. Buchman
Elaine Berke
Anthony Chanin
Robin Broidy
Allan B. Cutrow *
George T. Caplan
William R. Feiler
Jonathan Cookler
Abby L.T. Feinman
Sonia S. Cummings
Lorin M. Fife *
Irwin Daniels
Beth C. Friedman
Hugo D. de Castro
Selwyn Gerber
Cliff Einstein
Marvin I. Schotland President & CEO
Anthony Chanin
Vice President General Community Grants Chair
William R. Feiler
Vice President Investment Committee Co-Chair
Abby L.T. Feinman
Vice President Center for Designed Philanthropy Commitee Co-Chair
Harold J. Masor
Vice President Audit Committee Chair
Evan Schlessinger
Vice President Cutting Edge Grants Committee Chair
Michael G. Smooke
Vice President Capital Grants Committee Chair
Adlai W. Wertman
Vice President Center for Designed Philanthropy Commitee Co-Chair
Daniel M. Rothblatt Senior Vice President, Philanthropic Services
Michael J. Januzik
CFO/Senior Vice President, Finance & Administration
Elliot B. Kristal
Vice President, Charitable Gift Planning
Baruch S. Littman
Vice President, Development
Selwyn Gerber
Secretary Israel Grants Committee Chair
Scott H. Richland
Alan J. Gindi Jonathan M. Glaser Lisa Greer Linda Volpert Gross Lisa Korbatov Mark Lainer * Marcia Weiner Mankoff Harold J. Masor Heidi Monkarsh Alan J. Nussenblatt Lawrence Rauch Scott H. Richland Evan Schlessinger Annette Shapiro * Brian Shirken Michael G. Smooke Peter Weil Cathy Siegel Weiss * Adlai W. Wertman Keenan L. Wolens Raymond J. Zolekhian * PAST CHAIR
Marketing Committee Chair
Max Factor, III Irwin S. Field Bertrand I. Ginsberg Herb Glaser Bram Goldsmith Glenn Golenberg Daniel V. Goodstein Dorothy S. Goren Osias G. Goren Lee Hausner Nathan J. Hochman Ronald M. Kabrins Mitchell T. Kaplan Mark S. Karlan Martin L. Kozberg Ronald L. Leibow Jeffrey L. Levine Jordan L. Lurie Francis S. Maas Todd M. Morgan
Leadership and Staff
Chair
James A. Nathan
Investment Committee Co-Chair
Joyce R. Powell
Treasurer Finance Committee Chair
JEWISH FEDERATION EX OFFICIO TRUSTEES Leslie E. Bider
Herbert A. Reznikoff Karen Sandler Nathan Sandler
Chair
Richard A. Schulman
Jay Sanderson
Mark N. Schwartz
President & CEO
Eugene Stein Alan Stern Richard S. Volpert Barbi Weinberg Bruce F. Whizin Marilyn Ziering
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In our 60th anniversary year, we gratefully acknowledge those who have served as chairs of The Foundation who are no longer with us. May their memory be for a blessing. Served 1954–1958
Judge Isaac Pacht 1890–1987
6505 Wilshire Boulevard, Suite 1200, Los Angeles, California 90048 • 323.761.8704
www.jewishfoundationla.org
Served 1958–1961
Leslie G. Cramer 1905–1987
Served 1961–1962
Maurice Turner 1900–1965
Served 1962–1963 & 1967–1969
Lawrence E. Irell 1912–2000
Served 1964–1966
Victor M. Carter
Writing/Editing: Lewis Groner
1910–2004
Served 1970–1972
Louis A. Chase
Photography: Max Gerber (pages 6, 10, 12)
1904–1985
Paul Bennett Served 1973–1975
Robert L. Spencer 1917–2000
Served 1976–1977
Albert A. Spiegel 1916–2002
Served 1978–1980
Arthur Groman 1914–1998
Served 1981–1984
N. Joseph Ross 1908–1988
Served 1993–1996
Stuart D. Buchalter 1937–2004
(pages 2, 4, 8, 14)
Howard Pasamanick (pages 15-21 & 25)