OJCF Annual Report 2016

Sustaining and enriching Jewish life in Oregon and SW Washington since 1989

Table of Contents 3 5 6 8 10 12 13 14 17 18 19 20 22 23 24 26 27

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Message from OJCF Leadership Working with OJCF LIFE & LEGACY OJCF Legacy Society OJCF and Community OJCF Professional Advisors Group OJCF Giving Council Oregon Jewish Community Youth Foundation (OJCYF) Financial Year in Review OJCF Investment Committee Consolidated Financial Information Grants Overview for Fiscal Year 2016 Scholarship Awards and Endowment Distributions Support in Israel OJCF Funds and Supporters Board of Trustees Professional Team

Message from OJCF Leadership At OJCF, we are proud of our accomplishments in fiscal year 2016. OJCF distributed almost $10 million in total community grants, including $5 million for the new Harold Schnitzer Center for Living at Cedar Sinai Park, a grant made possible by the generosity of Harold z”l and Arlene Schnitzer and Jordan Schnitzer through their family fund at OJCF. The Foundation opened new donor advised funds and accepted gifts of closely held business shares and artwork. We established a new Socially Responsible Investment Pool after much research and discussion. At the end of fiscal year 2016, OJCF held total assets under management of $79,114,097.

The Foundation is privileged to be entrusted with the legacies of many generous individuals, some of whom were public leaders, others were less known, and still others have chosen to remain anonymous. Together, these endowments fund everything from college and religious studies to care for the elderly, disabled and most vulnerable. They fund Jewish education and teen travel to Israel. They fund our diverse and vibrant synagogues, Jewish burials for the needy, and celebrations of learning, sharing and joy.

OJCF’s LIFE & LEGACY program, in partnership with our ten participating organizations and the Harold Grinspoon Foundation, continues on a journey of success, both locally and in communities across the country. The program has helped elevate awareness and participation in the giving of after-lifetime gifts, such as bequests. As community leaders, we have acquired the skills and knowledge to incorporate the development, management and celebration of legacy giving into the fabric of our Jewish community. This provides both emotional and financial rewards, now and far into the future.

This year, our awareness of cyber security and information technology issues reached new levels, as news reports of data breaches occurred with accelerating frequency. Everyone is rightly concerned about data and privacy, and so is OJCF. We experienced an incident of malware in 2016 and were fortunate that no donor data was compromised. As a result, we selected new resources for IT and data management that now provide OJCF and you with significantly more sophisticated security and data protections.

As we look ahead in 2017, we will continue to provide outstanding philanthropic services such as complex gift acceptance, supporting foundations, fund and grants management and donor support. In addition, our programs such as our Professional Advisors Group, youth foundation and young professionals’ giving circle continue to grow. It is a privilege to share in this sacred endeavor with you, and we thank you for your devotion to tzedakah— the Jewish value of creating a just world for all.

Jeff Wolfstone President

Julie Diamond Executive Director

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OJCF: Fulfilling Philanthropic Visions

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Working with OJCF Robert & Ann Sacks

In 2016 Robert and Ann Sacks made a substantial donation to the Oregon Jewish Community Foundation and established the Ann and Robert Sacks Donor Advised Fund. The creation of the fund streamlined Ann and Robert’s philanthropic giving and provided them with substantial tax advantages as well.

The way Robert and Ann structured their 2016 gift may be helpful to other potential donors who are selling closely held businesses. Prior to Ann selling her tile and stone company, Design and Direct Source, she donated a substantial percentage of the company’s shares to OJCF. The acquiring company then purchased those shares from the Foundation and the remaining shares from Ann. This had significant tax advantages for Ann and Robert and resulted in the establishment of their OJCF Donor Advised Fund. They were advised by Lewis Horowitz of Lane Powell PC and Mark Rosenbaum of Rosenbaum Financial.

“OJCF makes it easy to give back through their monthly grant program. We love making a difference in both the Jewish world and with animals in need of care.”

– Robert and Ann Sacks Robert and Ann met at the University of Michigan and moved to Portland in 1974 after Robert finished law school at the University of Oregon. Since that time he has been a lawyer and real estate developer. Ann has built and sold two tile and stone companies and founded Fetch Eyewear. Fetch donates one hundred percent of its profits to the Pixie Project and to other animal welfare organizations. The Pixie Project, founded by Robert, Ann and their daughter Amy, is an animal rescue and adoption nonprofit and low-cost veterinary clinic.

Over the years Robert and Ann have been actively involved in Jewish organizations, as both donors and board members. In 2010 they were honored by the Oregon Area Jewish Committee with the Maurice Sussman Award for Community Service.

Ways to Work with OJCF Donor Advised Funds (DAF)

• DAFs streamline charitable giving since donors can direct all of their contributions through one philanthropic fund with monthly grant cycles.

• DAFs can be opened for a little as $1,800; however, a balance of $5,000 is required for grant making privileges.

Endowment Funds

• Endowment funds are permanent, offering donors the opportunity to support organizations they hold dear in perpetuity.

• Endowments can be established with a minimum of $10,000 and earnings are granted to the donor’s selected nonprofits.

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 years old and the minimum gift is $10,000.

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 named endowment fund.

Supporting Foundations

• 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 without the management burdens of a private foundation.

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LIFE & LEGACY OJCF and its LIFE & LEGACY partner organizations completed a third successful year in the legacy initiative. LIFE & LEGACY continues to have a positive impact on our community. The 10 participating organizations worked collaboratively to secure legacy commitments that will help ensure a strong future for generations of Jews in our region.

With LIFE & LEGACY’s third year came some changes to the requirements the legacy teams needed to meet to be awarded with an incentive grant. Not only did the participating organizations need to secure new legacy commitments but they also had to ask legacy donors to formalize their promises (execute their giving plans in legal documents) that were made in years one and two. All 10 legacy teams achieved or surpassed their goals and are positioned to have another strong year in LIFE & LEGACY.

Mark & Mindy Zeitzer Mark and Mindy Zeitzer have only called Portland home for eight years but the Jewish community has embraced the couple and their children in a way that makes them feel as if they have lived here for their entire lives. “This is the type of community where we wanted to raise our three boys: a place where everywhere you go you see someone you know; a place where everyone knows your name and is watching out for you; a place where people like us can make a big difference and impact,” shares Mark. The decision to leave a legacy gift to support Neveh Shalom, Portland Jewish Academy and Jewish Federation of Greater Portland, organizations special to the Zeitzer family, was an easy one. “It’s our way of demonstrating what is most important to us and it gives us the ability to continue to help build a strong and vibrant Jewish community in Portland for generations to come,” says Mindy.

The LIFE & LEGACY program motivated the couple to think about leaving a legacy gift sooner than they had anticipated as they didn’t think it would be something to consider in their 30s and 40s.

“We decided to leave a legacy gift because it is an important opportunity to leave a significant gift in the future to support our community’s programs and institutions and to provide for forthcoming generations,” explains Mark. The couple hopes that Portland’s Jewish organizations continue to collaborate and work cohesively to help ensure this special community continues to grow and flourish.

LIFE & LEGACY Leadership Council Eric Rosenfeld (Chair), Julie Diamond, Gail Mandel, Elizabeth Menashe, Jim Meyer, Jeff Wolfstone, Ben Isenberg z”l (Founding Chair)

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 6

LIFE & LEGACY promotes after-lifetime giving to benefit local Jewish day schools, synagogues, social service organizations and other Jewish entities. Through training, support, and monetary incentives, LIFE & LEGACY motivates Jewish organizations to integrate legacy giving into their philanthropic culture in order to assure Jewish tomorrows.

Nancy “Ned” Duhncrack

As a young adult, Ned Duhncrack discovered that she was Jewish and it was then that Congregation Beth Israel became her family’s community and spiritual home. Ned’s dedication to Beth Israel strengthened over the years and she ultimately served as Congregational President. “During my two years as President, I deepened my connections to Judaism, to our Jewish community and to tikkun olam,” shares Ned. “Leaving a legacy gift to CBI was almost a natural progression of my involvement with and commitment to Temple.” For Ned, leaving a legacy gift means that future leaders of Beth Israel will be able to continue to provide opportunities for generations of Jewish Portlanders to come together to worship, connect and take action to repair the world. “The LIFE & LEGACY initiative inspired me to take the step of making a legacy gift,” states Ned. “It also helped me realize that legacy giving is another way to pass on to my daughters the importance of giving now to secure the future.”

Ned hopes that as Portland continues to change and grow that its Jewish community will remain a vital force in the city. “Our Jewish community is about inspired leadership and caring individuals who come together to work to improve the lives of all.”

Erik Richmond & Annette Demsey

For Erik Richmond and Annette Demsey, leaving a legacy gift has been a way to acknowledge the generosity of previous generations while helping to sustain the future of Portland’s Jewish community. “We are enjoying the rewards of all those that gave before us and we want to make sure these same opportunities are available for generations to come,” Erik shares. According to the couple, the LIFE & LEGACY initiative was instrumental in their making a legacy gift since the idea of supporting organizations through after-lifetime giving wasn’t a concept that had occurred to them before.

“We know that our participation in LIFE & LEGACY helps secure incentive grants for the participating organizations,” states Erik. “It feels great to help them receive these additional funds from OJCF and the Grinspoon Foundation.”

Annette and Erik hope that Portland’s Jewish community continues to grow and thrive for many more years to come.“ We take pride in the actions of the Jewish organizations we support,” Annette shares. “We are thrilled to witness how these organizations do the good work we can’t do ourselves: advocate for Israel and support the disadvantaged and vulnerable of all races and religions in our community and wider world.”

LIFE & LEGACY National Statistics as of December 31, 2016 Number of communities participating nationwide: 36 Total number of legacy commitments received: 12,553 Total estimated future value: $487.5 million

OJCF’s LIFE & LEGACY Statistics Total number of legacy commitments secured in years 1-3: 463 Total estimated future value benefitting our community: $20.1 million 7

OJCF Legacy Society Steve and Elaine Kantor were OJCF’s Legacy Society Honorees for 2016. Their steadfast dedication to the Foundation and other area nonprofits has made an indelible mark on Portland’s Jewish community. “Steve and Elaine exemplify our shared values of leadership, generosity and social justice,” comments Julie Diamond, OJCF Executive Director. “Steve is a past president of OJCF and played a vital role in establishing the Foundation in its early days. We are thrilled to honor Steve and Elaine’s dedication to Jewish life, family and community.”

OJCF Legacy Society Honorees

2016 2015 2014 2013

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

2012 2011 2010

Gloria Bacharach Gerel & Henry* Blauer Stuart Durkheimer*

“My parents always taught us, above all else, the value of hard work and the importance of giving back. To see it come full circle and watch them be honored for all they’ve done to help our community, was something that my sister and I will always cherish.”

Lindsay Krivosha

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OJCF Legacy Society Members OJCF’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 Max Birnbach* 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* Carol & Seymour* Danish James & Ilene Davidson Julie Diamond Richard Dobrow Stuart & Leah Durkheimer* Jill Schnitzer Edelson Evelyn Findl* Martin Fishel* Marilyn Forse* Josh & Amy Frankel Ruth Friedel Julius Friendly* David Fuks & Deanne Sullivan

Morris Galen Bernice & Burton* Gevurtz William Gittelsohn* 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 Jonathan Levy Jacob & Rose Lewin Leonard & Mimi Lewitt Derek & Lydia Lipman Louis & Rita Lubliner* Elizabeth & Ruben Menashe Victor & Toinette Menashe Jim & Lora Meyer Sharon & Dean Morell Harold Nadler* Theodore Nelson & Curtis Shaffstall Leah & Marvin* Nepom Miles Newmark & Barbara Gilbert Mimi & Ze’ev* Orzech Clara Paige* Sue Perkel Robert & Rita Philip Harold & Jane Pollin Lois Poplack* Jerome Reich 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 Mardi 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* Helen & Jerry* Stern Jack Straus Gloria Swire Rebecca Tarshis* Sada Tarshis* Ronald Tonkin* Kathleen Vanderpool Larry & Elizabeth Volchok Robert Weil* Sharon Weil Michael Weiner & Kathy Davis-Weiner Gary & Carolyn Weinstein 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.

OJCF and Community

Established in 2000, OJCF’s Community Endowment Fund continues to make annual distributions to support both local nonprofits as well as OJCF programs that engage the community in philanthropy.

OJCF’s Distribution Committee, along with the Board of Trustees, voted in 2014 to implement a new model for distribution of the funds in key strategic areas that further the mission of the Foundation.

These include capacity building, education and outreach, and seeding new initiatives in our community.

Since this strategy was implemented, the Community Endowment Fund has made grants to PJ Library; Hillels across the state; Jewish summer camps, in support of their youth philanthropy programs; and OJCF programs, including LIFE & LEGACY, the OJCF Emergency Fund, OJCYF and the Giving Council.

Community Endowment Fund Grants in FY 2016 B’nai B’rith Camp Camp Solomon Schechter Create a Jewish Legacy Oregon / LIFE & LEGACY Emergency Fund of OJCF Greater Portland Hillel

The Oregon Hillel Foundation (for Oregon State University’s Hillel) The Oregon Hillel Foundation (for University of Oregon’s Hillel) OJCF Giving Council Oregon Jewish Community Youth Foundation PJ Library Total 10

$2,000 $2,000 $20,000 $10,000 $3,490 $3,490 $3,490 $20,500 $9,000 $8,500 $82,470

“The books our child received from PJ Library when he was younger helped plant the idea in his mind – and ours – of going to camp. The books also gave our son a Jewish foundation so that when he did attend camp he was familiar with concepts, images and Hebrew terms.

It is PJ Library that has been the source of consistent Jewish learning in our home.

Attending Jewish camp has reinforced our son’s identity as a Jew and seems to have ignited an interest in learning more.”

– BB Camp Parent 2016

“As an interfaith household, PJ Library has made connecting with our Jewish traditions simple and straight forward. The kids enjoy the books, and it allows us to have Jewish moments we might not otherwise have been able to enjoy as a family.”

– John Roberts

OJCF Partner Organizations

OJCF is proud to be the endowment and investment partner for the 28 organizations listed below. Working together as a community makes us all stronger.

Beit Haverim B’nai Brith Men’s Camp Association / B’nai B’rith Camp Camp Solomon Schechter Cedar Sinai Park Congregation Ahavath Achim Congregation Beth Israel Congregation Kesser Israel Congregation Kol Ami Congregation Neveh Shalom Congregation Shaarie Torah Gesher: A Bridge Home Greater Portland Hillel Havurah Shalom 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 Shir Tikvah Temple Beth Israel, Eugene Temple Emek Shalom, Ashland Young Judaea

Launched in 2010, OJCF’s Professional Advisors Group continues to provide its members and guests with educational programming, community building and networking opportunities at lunch meetings convened several times each year.

PAG Members The group is comprised of professional advisors in various legal and financial fields who are committed to supporting the Foundation’s mission by promoting a culture of philanthropy in the Jewish community.

Past Professional Advisors Group Seminars: Serving on a Nonprofit Board: Risks and Rewards | Get Creative! Gifts of Complex Assets Examining Aging, Empowering Elders | Inheritance and Philanthropy: Advising the Next Generation Identity Theft: What You Should Know | The Affordable Care Act New Legal Issues for Same Sex Couples | Post-Election Tax Strategies for Estate Planning & Charitable Giving

Josh Frankel & Brian Suher Co-Chairs Kay Abramowitz Roy Abramowitz Alan Bacharach Richard Barker Owen Blank Eden Rose Brown I. Kenneth Davis Stuart Director Daniel Frankel Stanley Geffen Gersham Goldstein Steve Gradow Irwin Holzman Steve Kantor Jason Kaufman Charles Kobin Jonathan Levy Gabriel Markiz Jonathan Mishkin Roscoe Nelson III David Nepom Ben Olds Kim Rosenberg Charles Rosenblum Eric Rosenfeld John Rosenfeld Betsy Russell Jerry Sadis Jack Schwartz Ron Shellan Morton Simon Richard Solomon Lance Steinberg Roberta Taskar Roberta Weinstein Stuart Weiss 12

Thank you to the following individuals and firms who have generously sponsored PAG events: Alan Bacharach, Wealth Strategies NW The Law Office of Eden Rose Brown The Alfred J. Davis Company, Insurance Brokers Dunn Carney Allen Higgins & Tongue, LLP First Republic Bank Geffen Mesher

Miller Nash Graham & Dunn, LLP Oregon Angel Fund Perkins & Co Rosenbaum Financial, LLC Samuels, Yoelin, Kantor LLP Marshal Spector and Gevurtz Menashe – Estate Planning and Family Law

Brian Suher, Sr. Vice President, RBC Wealth Management Thede Culpepper Moore Munro & Siliman, LLP Tonkon Torp, LLP West Bearing Investments, a division of Ferguson Wellman

Launched in January of 2016, the OJCF Giving Council is a collaborative giving program for working professionals in their 20s and 30s who are interested in exploring philanthropic values and giving collectively to support local nonprofits.

Giving Council 2016 Grants Girl Scouts of America: $5,000 Purpose: Girl Scouts Behind Bars, a year-round program for girls in kindergarten through 12th grade whose mothers or grandmothers are incarcerated at Coffee Creek Correctional Facility.

Portland Jewish Academy: $5,000 Purpose: To create a cohesive community between three PJA preschool classrooms and a “buddy” classroom at Neighborhood House’s Head Start, with the goal of strengthening community and building bridges across cultures and circumstances.

Sunshine Pantry: $10,000 Purpose: To add a family shower room as part of a general upgrade to existing toilet facilities to enable those who are homeless or whose situations at home are not conducive to proper hygiene to bathe in a safe and pleasant environment.

OJCF’s giving circle allows members to pool their philanthropic dollars and decide as a group which deserving nonprofits should receive funding for their programs and initiatives.

OJCF’s Community Endowment Fund adds to the total contributions from members to increase the circle’s philanthropic impact.

The first members of the Giving Council met monthly from January to June 2016, and granted a total of $20,000 to three local nonprofits: Portland Jewish Academy, Girl Scouts of Oregon and SW Washington and Sunshine Pantry. The second group began meeting in November 2016 and will make their grant decisions in May 2017.

Giving Council Members: Year Two Sara Epstein & Andrew Rosengarten Co-Chairs Benjamin Ariff, Lindy Ariff, Jacob Caniparoli, Walker Clark, Hannah Crummé, Anna Epstein, Margot Feves, Nicole Frisch, Daniel Gerber, David Hirsch, Emily Kahn, Stuart Kirschner, Simone Myers, Cara Perellis, Elaura Rifkin-Gerber, Jonathan Singer, Nathaniel Smith, Brad Stern Lara Stern, Julia Weiss

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OJCYF

The mission of the Oregon Jewish Community Youth Foundation is to secure the future of Jewish philanthropy and to develop a strong generation of future Jewish leaders. By involving Jewish teenagers of the greater Portland, Oregon area and SW Washington in the fundraising, allocation and distribution of money to both Jewish and general nonprofit organizations, OJCYF teaches its youth the challenges and rewards of philanthropy while instilling in them a sense of responsibility for community.

“It is rewarding to see the impact that OJCYF’s work makes in visible ways around the community.”

– Hannah Glass

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Oregon Jewish Community Youth Foundation Now celebrating its fourteenth year, the Oregon Jewish Community Youth Foundation continues to engage Jewish high school students from the Portland metropolitan area in philanthropy. To date, more than 220 teens have participated in OJCYF during the program’s lifetime and these young leaders have raised $430,000 at the organization’s annual fund raising dinners.

This year’s teen members remain dedicated to building the OJCYF Endowment Fund for the program’s future strength and continued success. In 2016, the OJCYF seniors again committed to supporting nonprofit programming in Israel with a distribution from the program’s endowment fund.

OJCYF grants made in 2016 Jewish

General

Camp Kesem

$1,000

CASA for Children

$500

Camp Solomon Schechter

$300

Children’s Center

$2,500

Cedar Sinai Park

$450

Community Transitional School

$3,000

Dror Israel Movement

$3,000

Community Warehouse

$250

Greater Portland Hillel

$1,000

Metropolitan Youth Symphony

$200

Hand in Hand

$2,500

Momentum Alliance

$2,400

Jewish Family & Child Service

$3,750

Neighborhood House

$1,900

Jewish Federation of Greater Portland

$2,500

Pixie Project

$1,200

Maayan Torah Day School of Portland

$350

Portland State University Foundation

$3,500

Mittleman Jewish Community Center

$200

Raphael House of Portland

$1,000

Roosevelt High School

$1,000

Southwest Community Health Center

$3,000

Moishe House

$1,000

Neve Michael Children’s Village

$627

OJCYF Endowment Fund of OJCF

$3,000

The Bloom Project

Oregon Jewish Museum

$3,100

The Children’s Book Bank

$1,600

Urban Gleaners

$3,400

and Center for Holocaust Education Portland Jewish Academy Portland Kollel Total

$100 $1,250 $24,127

OJCYF Advisory Committee Roy Abramowitz Julie Diamond Sonia Marie Leikam Shari Levinson Sharon Morell

$50

Rachel Rothstein Nelson Rob Shlachter Robyn Spring Mike Tannenbaum Marcia Weiss

Total

$25,500

Grand Total

$49,627

OJCYF Angels Gerel & Henry* Blauer Stan & Judy Blauer Dick & Cameron Davis Stuart Durkheimer* Irwin & Renee Holzman Harold & Jane Pollin

Financials, Grants and Funds

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Financial Year in Review

The big news stories in this past year were how the markets were influenced by political elections. This started with the BREXIT referendum in June and ended with the U.S. election in November.

At the end of June 2016, the global bond markets rallied and the best performing asset class was the U.S Long Treasury Index returning 19.3% and the Barclays Intermediate Term Aggregate returning 6.22% for a one year period. The OJCF Fixed Income Pool returned 4.27%.

OJCF’s portfolio has a shorter duration than the Index and therefore underperformed on a one year basis. It is the committee’s belief that a shorter duration portfolio will be better suited for inflation and the potential of rising rates in the following year.

Bonds handily outperformed equities for the fiscal year ending June 2016, the S&P 500 was up only 4.0% and the MSCI All Country World Index was down -3.7%. The OJCF Equity Pool was down -3.31%. The OJCF Equity Pool continues to outperform the MSCI World Index given the strength of the U.S. dollar and the underweight to international equities in the Equity Pool.

6%

The Alternative Pool continues to add value to the overall suggested allocation, comprised of REITs and MLPs. The asset class is enhancing overall yield, replacing the yield lost in the fixed income pool. For the one year period ending June 2016 the pool was down slightly for the year with a -2.4% return due to falling oil prices in the last quarter of 2015; however by the end of 2016, MLPs recovered and the pool was up 16.57%.

What has changed since the end of June 2016 is that economic growth appears to be stronger than many anticipated and interest rates have risen, wiping out most of the positive returns in the bond markets. The U.S. equity markets are anticipating significant tax reforms together with deregulation and infrastructure spending thus fueling the outlook for corporate earnings and consumption demand.

Since June 2016, the equity markets have rallied and the S&P 500 ended up 11.96% for the year ending December 31, 2016.

Fiscal Year Ending June 30, 2016 OJCF Investment Committee Recommended Endowment Allocation 62% Equity / 33% Fixed Income / 5% Alternatives

16% 33%

Taxable US Bonds Alternatives

9%

Large Cap US Equity Smid Cap US Equity 5%

31%

62/33/5 Portfolio Return Blended Index Return*

Developed Int’l Equity Emerging Mkt Equity

QTR

YTD

1-Year

3-Year

5-Year**

2.2%

3.8%

-0.8%

5.5%

5.5%

2.0%

3.3%

-0.1%

5.2%

4.9%

This information is based on the fiscal year ending June 30, 2016.

* Blended Index is comprised of 62% MSCI AC World, 33% BarCap Aggregate Bond Index and 5% 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 September 2015, the recommended allocation was changed to 62% Equity/33% Fixed/5% Alternatives.

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Socially Responsible Investment Pool Today, increasing numbers of people are looking for more than just strong monetary returns on their investments. Individuals are choosing to invest based on personal values that will have a positive impact around the world as well as lead to growth of investments.

In response to this growing trend, in 2016 OJCF’s Investment Committee, with approval from the Board of Trustees, introduced a Socially Responsible Investment Pool (SRI) as an asset allocation option for the Foundation’s donors.

“Our family’s core values are centered around healthy choices, being light on the earth, and taking care of each other, both within our community and beyond. All of this fits within the Jewish mission of tikkun olam, or repairing the world,” shares Mia Birk and Glen Coblens, OJCF fund holders. “As such, we were pleased to support the launch of OJCF’s new socially responsible investment pool, which avoids investments in stocks like tobacco, gambling, and defense companies, as well as companies that do not have sufficiently good records on environmental sustainability, human rights, labor relations or diversity.”

Comprised of both equities and fixed income funds for balance and broad diversification, OJCF’s SRI pool was formed with the goal of generating long-term competitive returns as well as positive social impact. The investments have been screened to meet certain environmental and social governance (ESG) criteria. Examples of investment areas include: renewable energy, natural resources, affordable housing, pharmaceuticals, biotechnics and health care.

SRI Pool Composition

40%

40%

Large Cap US Equity Developed Int’l Equity Taxable US Bonds

20%

The pool is comprised of the following:

EQUITY FUNDS

Vanguard FTSE Social Index Fund Investor Shares - 40% PAX MSCI International ESG Index Fund - 20% FIXED INCOME FUNDS TIAA-CREF Social Choice Bond Fund - 20% Vanguard Mortgage-Backed Securities Index Fund Admiral Shares - 20% 18

OJCF 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. Many of the committee members also serve on the Foundation’s Board of Trustees and some are past presidents of OJCF’s Board.

Steve Gradow, Chair Stan Geffen Jonathan Glass Richard Glassman Joel Greenblum Steve Laveson Sharon Morell Richard Solomon Brian Suher Stuart Weiss

“The Investment Committee remains steadfast in the belief that long-term strategic positioning of the portfolios, focusing on risk controls and performance, will yield strong results.

We remain positive on the financial markets in 2017, although increased volatility will be more prevalent as we move to higher market levels and uncertain outcomes.”

Steve Gradow OJCF Investment Committee Chair

Consolidated Financial Information

The following is a summary of the Oregon Jewish Community Foundation’s audited financial statement for the year ending June 30, 2016.

Statement of Financial Position Assets Cash and cash equivalents Investments Prepaid expenses 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 $64,734 in 2016 and $49,618 in 2015 Total assets Liabilities Accounts payable Accrued vacation Grants payable Liabilities under charitable trust agreements and gift annuities Funds held for members Total liabilities

2016 $3,027,062 73,130,266 21,032 332,651

2015 $7,688,510 74,343,609 16,578 286,620

2,383,777 168,408

4,160,927 152,029

50,901

44,525

Statement of Activities* Revenue, gains and other support:

Contributions

Administrative fees Interest and dividend income Net loss on investments Increase (decrease) in cash

Change in value of charitable

other support

Expenses

Grants and distributions $3,503 9,785 416,586 836,536

$24,690 16,312 209,547 1,181,084

General and administrative Other fund expenses Total expenses

Increase (decrease) in net assets

Net assets, beginning of year 23,829,735 25,096,145

26,530,274 27,961,907

$6,122,627

$6,584,599

241,825

241,320

1,430,277

1,226,241

(1,501,893)

(190,263)

46,031

(41,648)

(41,404)

(6,569)

$6,297,463

$7,813,680

$9,868,863

$4,895,637

880,156

740,970

insurance policies

Net revenue, gains and $86,692,798

2015

surrender value of life

trusts and gift annuities

$79,114,097

2016

Net assets, end of year Investments

261,383

11,010,402

(4,712,939) 58,730,891

150,453

5,787,060 2,026,620 56,704,271

$54,017,952

$58,730,891

Commitments and contingencies

Equity mutual funds

$45,753,922

$46,019,037

Bond mutual funds

23,423,894

24,427,376

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

Other traded funds

1,210,328

309,149

Money market funds

1,401,898

1,699,141

Total net assets Total liabilities and net assets

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

2,067,755 53,613,373 55,681,128 3,049,763

54,017,952 $79,114,097

58,730,891 $86,692,798

Notes receivable

890,668

540,385

Real property

449,556

1,348,521

$73,130,266

$74,343,609

Total Investments

Hoffman, Stewart & Schmidt, P.C audited the June 30, 2016 consolidated financial statements in accordance with auditing standards generally accepted in the United States of America. In their report dated December 2, 2016, they 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.

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Grants Overview for Fiscal Year 2016 OJCF awarded almost $10 million in grants, endowment distributions and scholarships during fiscal year 2016. This is an increase in almost $5 million from the previous year; however, this is due in large part to one generous grant supporting the Harold Schnitzer Center for Living at Cedar Sinai Park. As in past years, the majority of the Foundation’s grants were made at the recommendation of our donor advised fund holders. These grants provided much needed support to 285 different nonprofit organizations.

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

68%

of grants went to Jewish organizations

32%

of total grants went to general organizations

By Geography

96%

of grants supported organizations in Oregon

4%

of grants supported organizations in other states and Israel

By Dollars

90%

of dollars granted went to Jewish organizations

10%

of dollars granted went to general organizations

Activity Overview: Donor Advised Funds, Endowments & Scholarships Activity Overview for FY 2016 Donor Advised Fund Grants ........ . . . . . . . . . . . . . . . . .. . . . . . . . . .. . . . . . . . .. . . . . . .. . . . . . . . . . . . 92.63% Endowment Fund Distributions .... . . . . . .. . . . . . . . . .. . . . . . . . . .. . . . . . . . . .. . . . . . . . . .. . . . . . . . . .. . 5.9% Oregon Jewish Community Youth Foundation . . . . . . . . . . . . . . . . . . . .. . . . . . . . . .. . . . . . . . . .. . . . . .45% Scholarship Awards .......... ........ . . . . . . . . . . . .. . . . . . . . . .. . . . . . . . . .. . . . . . . . . .. . . . . . . . . .. . . . .

1.02% Total Dollars Granted .......... .... . . . . . .. . . . . . . . . .. . . . . . . . . .. . . . . . . . . .. . . . . . . . . .. . . . . $9,868,863 20

Grants by Program Area 1.35% 1.85% 2.10%

10.09%

Jewish Grants by Program Area Community*

7.14%

Education Synagogue

6.14%

Youth Groups / Camps / Hillels Social Welfare / Justice

71.34%

Arts / Cultural Health / Medical

14.84%

15.13%

General Grants by Program Area Community

20.24%

Health / Medical Social Welfare / Justice Arts / Cultural

39.97%

Education

9.81%

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

OJCF made grants to organizations in 20 states but more than 95% of the grants stayed here in Oregon and SW Washington. Â The largest recipient of grants in the general community was the Oregon Symphony Association. It received more than $165,000 in fiscal year 2016 from OJCF fund holders.

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Scholarship Awards In fiscal year 2016, OJCF was pleased to award $108,799 in scholarships and camperships. These funds provided financial support to 175 students and campers who attended three day schools, four camps, four universities and three Israel programs.

Awards Lester & Annette Goldschmidt Hillel Scholarship Fund $1,000 Albert J. Kailes Memorial Scholarship Fund $6,100 Arthur P. Krichevsky Memorial Scholarship Fund $75,399 Rebecca and Sada Tarshis Memorial Scholarship Fund $26,300

Endowment Distributions Joy Alkalay Memorial Fund

$39,748.00

Anonymous A Fund

$23,594.00

Anonymous A Senior Program Fund Max Birnbach Charity Fund

$5,232.47 $33,520.00

Birnbach CGA Endowed Fund for PJA

$1,059.00

Alice Carr Fund for JFCS’s Counseling Endowment Fund

$2,858.00

Bernard Carr Family Endowment Fund for Cedar Sinai Park

$2,858.00

Margery Cohn Lion of Judah Endowment

$5,496.71

Community Endowment Fund

$82,470.00

Sid & Ruby Conroy Fund for benefit of CSP

$18,168.00

Stuart & Leah Durkheimer Endowment Fund

$17,476.00

First Hebrew Benevolent Fund

$18,447.00

Marilyn Q. Forse Endowment I

$497.00

Marilyn Q. Forse Endowment II Friendly Rosenthal Fund Chuck Karsun Memorial Fund

$497.00 $70,132.00 $185,863.00

Norman Kobin Memorial Fund

$5,043.00

Rita Lubliner Beth Israel Sisterhood Fund

$1,796.00

Lubliner Endowed Fund for the Needy

$9,976.00

Lubliner Robison Jewish Home Endowed Fund

$3,796.00

Leah & Marvin Nepom Endowment Fund

$3,756.00

OJCYF Endowment Fund A. Victor & Betty Rosenfeld Leadership

$627.00 $5,438.00

Development Endowment Fund Lloyd B. Rosenfeld Youth Leadership Fund Stanley Samuels Endowment Fund Leonard & Lois Schnitzer Charitable Supporting Foundation

$5,537.00 $5,000.00 $63,658.00

Leah Spellman CSP CGA Endowment

$3,748.00

Leah Spellman CEF CGA Endowment

$981.00

Leah Spellman Trust Memorial Fund Robert P. Weil Fund Min Zidell Hesed Shel Emet Endowment Fund Total

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$7,837.00 $17,910.00 $5,341.00 $648,360.18

Snapshot of Total Awards Granted:

$108,799 Campership: 6% Day School: 56% Higher Education: 27% Teen Israel: 11%

Support in Israel The Oregon Jewish Community Foundation is proud to support nonprofit organizations in Israel. Many of our donor advised fund holders regularly recommend grants to assist these organizations via their American fundraising offices.

Israeli nonprofits are also receiving support from the Oregon Jewish Community Youth Foundation. Members made the commitment in 2015 to annually support an Israeli organization with a grant distribution from the OJCYF Endowment Fund. The 2016 distribution supported Neve Michael Children’s Village.

In this same year, the OJCYF teens of awarded a grant to Dror Israel in response to a grant proposal the organization submitted. Dror Israel’s mission is to effect long-term education and social change in Israeli society in order to promote solidarity, social activism, democracy and equality. The teens enthusiastically funded their proposal in support of Hechalutz, a program that teaches kids and teens about equality and solidarity through sports.

Pictured above is the Portland Jewish Academy’s 2016 eighth grade trip to Israel. They traveled with their counterparts from the Contra Costa Day School of Lafayette, CA. Pictured below are participants in Dror Israel’s Hechalutz program from the city of Akko, located north of Haifa.

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OJCF Funds and Supporters Donor Advised Funds Leslie & Eva Aigner Holocaust Remembrance Fund ALEPH Fund Amina Fund John & Carol Arnsberg Family Fund Aspen Mitzvah Fund Azamra Family Fund Gloria Bacharach Family Fund Benaroya Family Fund Birk-Coblens Family Fund Henry & Gerel Blauer Family 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 Eden Rose Brown Family Fund Carei 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 Ceal & Asher Ettinger Remembrance Fund Forman Family Fund Morris & Evelyn Galen Family Fund

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Albert & Rosalie Gilbert Family Fund Givin-Back Family Fund 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 Emily Georges Gottfried Fund Gradow Family 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 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 Malka Family 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 Executive Director Discretionary Fund Henry & Nancy Oseran Family Fund 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 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 M. 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 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 S.W. Swire Memorial Fund Tauman Family 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 Cookie & Merritt Yoelin Fund

Zenith Tzedakah Fund Charlene Zidell & Daughters Family Fund Zolotar Fund Zurow Family Fund William and Evelyn Zurow Memorial Fund

Endowment Funds Those listed here have either created endowed funds, direct endowed funds and/or have significantly contributed to OJCF’s Community Endowment Fund (CEF).

Joy Alkalay* Anonymous A* Asa & Adrienne Arnsberg*• Gerry Birnbach Jack Birnbach Max Birnbach* Bernard Carr* Leonard Carr Thomas Carr Margery Cohn Sid & Ruby Conroy* Carol Danish Richard Dobrow • Stuart & Leah Durkheimer* Evelyn Findl* Martin Fishel* • Marilyn Forse* Ira & Julie Gottlieb Meryl & Gordon Haber Irwin & Renee Holzman Dana Hunt Gertrude Joseph* • Albert Kailes *• Chuck Karsun* Chuck Kobin Norman Kobin* Arthur Krichevsky* Robert Landauer • Rita & Louis Lubliner* Harold Nadler* Leah & Marvin* Nepom Mimi & Ze’ev* Orzech Clara Paige* Lois Poplack* Irving Roberts* • Eric & Tiffany Rosenfeld

Rosemarie Rosenfeld A.Victor & Betty Rosenfeld* Rose & Arnold* Rustin Faye & Stan* Samuels Lois & Leonard* Schnitzer John & Janet Sherman • Manton & Ruth Spear* Leah Spellman* Rebecca Tarshis* Sada Tarshis* Ronald Tonkin* • Robert Weil* Sharon Weil Rose & Isam White* Bertha Wooloch* Min Zidell* • Contributor to OJCF’s Community Endowment Fund

Charitable Gift Annuities Charitable Trusts Gifts of Life Insurance Anonymous B Sandra Axel Gloria Bacharach Gerel & Henry* Blauer Lynn Bonner Barbara Brown Ruth Friedel Roy Lambert & Mary Maxwell Victor & Toinette Menashe Harold & Jane Pollin Laurens & Judith Ruben Arden & Lois Shenker Helen & Jerry* Stern Jack Straus Gloria Swire Kathleen Vanderpool Larry & Elizabeth Volchok Gary & Carolyn Weinstein *Of Blessed Memory The information provided on pages 26-27 is current as of February 15, 2017.

Board of Trustees First row, left to right: Liz Rabiner Lippoff, Sharon Morell, Shari Levinson, Elizabeth Menashe, Julie Diamond, Jeff Wolfstone, Richard Glassman, Jack Schwartz. Second row, left to right: Rob Shlachter, Jonathan Singer, Steve Laveson, Steve Gradow, Roy Abramowitz, Owen Blank, Josh Frankel. (Some members not pictured.)

Executive Committee Jeff Wolfstone, President | Steve Laveson, President-Elect | Richard Glassman, Treasurer | Jack Schwartz, Secretary Stan Blauer, Past President | Stan Geffen, Past President | Irwin Holzman, Past President | Sharon Morell, Past President Eric Rosenfeld, Past President

Partner Organization Trustees Richard Dobrow, Jewish Family & Child Service | David Forman, Jewish Federation of Greater Portland Ted Nelson, Congregation Beth Israel | Liz Rabiner Lippoff, Cedar Sinai Park Spencer Strauss, B’nai Brith Men’s Camp Association/B’nai B’rith Camp | Brian Suher, Congregation Neveh Shalom

At Large Trustees Roy Abramowitz | Jonathan Barg | Owen Blank | Josh Frankel | Jonathan Glass | Steve Gradow | Shari Levinson Elizabeth Menashe | Andrew Rosengarten | Rob Shlachter | Jonathan Singer | Mike Tannenbaum | Charlene Zidell Thank you to past OJCF Board Members whose service has concluded during the past fiscal year: Jim Meyer | Harold Pollin

Past Presidents

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2013–2015 2010–2013 2008–2010 2004–2008 2002–2004 2000–2002

Sharon Morell Eric Rosenfeld Stan Geffen Stan Blauer Irwin Holzman 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

Professional Team Left to right: Chris Vitron, Tara Siegman, Gail Mandel, Julie Diamond, Sonia Marie Leikam, Nathaniel Smith.

OJCF Professional Team Julie Diamond, Executive Director 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

“If I am not for me, who is for me; and if I am (only) for myself, what am I. And if not now, when?”

– Hillel, Ethics of the Fathers, 1:14

Photo Credits: p. 3 Naim Hasan Photography; p. 5 Zach Forsyth; p. 6 Velvet Owl Photography; p. 8 Eden Swartz Photography; p. 11(left) Naim Hasan Photography; p. 14 (top right) Eden Swartz Photography; p. 20 (left) Naim Hasan Photography; pgs. 26-27 Naim Hasan Photography

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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.